Cash Applications Senior Coordinator

Sidley Austin•Chicago, IL

1d•$57,000 - $67,000•Hybrid

About The Position

The Cash Applications Senior Coordinator (10AM-6PM) plays a vital role within the Accounting department, responsible for the accurate and timely application of incoming client payments. This position ensures client accounts are correctly maintained and supports overall accounts receivable operations. The Cash Applications Senior Coordinator must be detail-oriented, organized, and capable of working efficiently in a fast-paced, high-volume environment. The incumbent will collaborate with individuals across the Firm, including partners, legal secretaries, billing and accounts receivable staff, and cash management.

Requirements

1 - 3 years work experience in a related cash application function
Thorough working knowledge of Microsoft Excel and Word
Strong organizational skills
Strong attention to detail
Good judgment
Strong interpersonal communication skills
Strong analytical and problem-solving skills
Able to work harmoniously and effectively with others
Able to preserve confidentiality and exercise discretion
Able to work under pressure
Able to manage multiple projects with competing deadlines and priorities

Nice To Haves

Bachelor’s degree in a related field preferred.
An equivalent combination of education and/or experience may be considered in lieu of the degree when the experience has been directly related to the functions of the job
Previous experience working in a law firm or other professional services firm
Experience with 3E

Responsibilities

Process daily incoming payments (wires, ACH, and checks) and apply them accurately to client accounts in the Firm’s 3E accounting system.
Flag issues or discrepancies between payments and our client accounts.
Research and resolve unidentified or misapplied payments in coordination with the billing and accounts receivable staff, the Firm’s clients, and partners.
Follow-up and clear payments posted to the Firm’s unapplied cash account.
Maintain proper documentation and audit trail of all cash application transactions.
Maintain the Firm’s daily cash receipts log, ensuring entries are posted timely and accurately.
Reconcile daily deposits and record collections figure in the Firm’s dashboard.
Respond to internal and external inquiries regarding payment status and application.
Support the Cash Applications Supervisor with ad hoc projects and reporting as needed.