Cash Receipts Coordinator

Insight Global is seeking a Cash Receipts Coordinator to join the Financial department of an AM 200 law firm. The Cash Receipts Coordinator is an entry-level role that is responsible for the accurate and timely processing of incoming payments to the firm, including application of cash receipts, and reconciliation of client accounts. This role works closely with attorneys, billing staff, and clients to ensure proper allocation of funds, resolution of discrepancies, and maintenance of accurate accounts receivable records.

ESSENTIAL FUNCTIONS AND JOB RESPONSIBILITIES:

Cash Application & Processing (Operating Accounts)
-Post daily cash receipts (ACH, wire, check, credit card, and ePay) to client and matter accounts
-Process lockbox deposits and ensure timely recording of all receipts
-Apply payments accurately based on remittance details, billing instructions, and client guidelines
Identify and resolve unapplied or misapplied cash, escalating issues as needed

Trust Accounting (IOLTA / Client Funds)
-Assist with posting and tracking of trust (IOLTA) receipts in compliance with firm and regulatory requirements
-Ensure proper segregation and application of client funds to appropriate matters

Reconciliation & Reporting
-Assist with daily cash balancing
-Reconcile lockbox, ePay, and bank activity to the firm’s financial system
-Maintain organized, audit-ready records of all transactions

Accounts Receivable & Collections Support
-Support billing and collections teams in resolving payment discrepancies
-Provide backup support for collections follow-up efforts as needed

Process Adherence & Improvement
-Follow firm internal controls, accounting policies, and compliance requirements
-Identify opportunities to improve cash posting accuracy and efficiency
-Participate in system enhancements, testing, and process documentation updates

This is a hybrid role, sitting 2 days in office each week in the firm's Philadelphia office.

Compensation:
$50K to $60K per year annual salary. Exact compensation may vary based on several factors, including skills, experience, and education. Benefits are provided.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.

-High School diploma or GED
-Experience working with accounting principles (cash application, debits/credits)
-Comfortable working in a high-paced environment with a busy Q4 season (October-December)

-law firm experience

Benefit packages for this role will start on the 1st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.