Cash Operations Specialist

Goodwin Procter
  • Los Angeles, California
    5 days ago

    Job Description

    Join Goodwin’s Global Operations Team, and make a real impact on a global scale. At Goodwin, we work with some of the world’s most successful and innovative investors, entrepreneurs and disruptors in the life sciences, private equity, real estate, technology and financial industries, and where they converge. As part of the Global Operations Team – all business professionals at the firm – you’ll collaborate with colleagues from varied backgrounds and experiences, fostering an environment where cross-functional learning, networking, and collaboration are at the core of what we do.

    Here, we’re not just supporting a law firm; we’re partnering with attorneys and clients to deliver cutting-edge solutions in high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions. Our commitment to integrity, ingenuity, agility, and ambition drives us, and we’re proud to have been recognised as the “Best Business Team” by The American Lawyer.

    This is your opportunity to grow professionally in a dynamic, global environment, surrounded by forward-thinking peers.

    The Cash Operations Specialist manages firm cash receipts and records incoming payments and related financial activity on a daily basis. A successful candidate is detail-oriented, organized, proactive, a strong communicator, a problem-solver, and a team player. This is a high-profile position on the front lines recording daily revenue and communicating with Finance and firm leadership.

    What You'll Do:

    • Accurate and timely application of daily receipts to the general ledger

    • Monitor daily banking activity throughout the day

    • Pursue resolution of unmatched receipts/incomplete payments/other unusual or unclear transactions by collaborating closely with multiple groups within and outside Finance- Billing and Collections team, Attorneys, Secretaries. Build strong relationships that will enable successful collaboration and resolution of issues.

    • Reconcile daily cash received in the bank to cash applied to the general ledger, resolve variances in a timely manner

    • Proactively follow up on open items and resolve.

    • Provide real time updates and daily summaries to Finance and firm leadership

    • Collaborate with the GL team on daily cash accounting by resolving credits and other unposted bank activity and queries

    • Evaluate business processes and recommend suggestions for improvements

    • Maintain and troubleshoot current technology solutions for cash application.

    • Prioritize tasks and identify issues to escalate promptly to Senior Manager and Controller

    Who You Are:

    • Associates Degree, or equivalent.  Bachelor's Degree a plus.

    • 3 years+ of financial experience in a related role; law firm or professional services experience a plus.

    • Excellent problem-solving skills, undeterred by a challenge

    • Works well under pressure with time-sensitive deadlines

    • Strong communication skills, ability to provide succinct summaries

    • Excellent organizational skills, ability to manage multiple efforts simultaneously.

    • Maturity and appreciation for how this role fits into larger firm objectives

    • Proficiency in ERP software and Excel

    • Ability to work overtime, as needed

    #LI-JM1

    Benefits and More

    At Goodwin, you will discover your next career opportunity with a rewarding compensation package and comprehensive benefits, including:

    • Health, dental, and vision insurance

    • Life and disability insurance

    • Retirement & Savings Plan

    • Emergency back-up child and adult care

    • Paid vacation, sick time off, and holidays

    • Professional development and career advancement opportunities

    • Employee recognition and reward programs

    • Employee wellness and assistance programs

    • Employee discounts and perks


     

    This position is eligible for overtime: Yes

    The Target Salary Range For This Position Varies By Location And Is Commensurate With Relevant Experience: $60,000.00-$75,000.00

    Numbers & Facts

    LocationLos Angeles, California

    Skills

    • Banking Servicesunmatched
    • Biologyunmatched
    • Business Processesunmatched
    • Cash Applicationsunmatched
    • Cash Managementunmatched
    • Cash-Basis Accountingunmatched
    • Communication Skillsunmatched
    • Credit and Collectionsunmatched
    • Cross-Functionalunmatched
    • Dental Insuranceunmatched
    • Detail Orientedunmatched
    • ERP (Enterprise Resource Planning)unmatched
    • Entrepreneurshipunmatched
    • Establish Prioritiesunmatched
    • Financeunmatched
    • Financial Controlunmatched
    • General Ledger Accountingunmatched
    • Identify Issuesunmatched
    • International Operationsunmatched
    • Leadershipunmatched
    • Leading Edge Technologyunmatched
    • Legalunmatched
    • Legal Support Skillsunmatched
    • Litigationunmatched
    • Organizational Skillsunmatched
    • Problem Solving Skillsunmatched
    • Professional Servicesunmatched
    • Real Estateunmatched
    • Regulatory Complianceunmatched
    • Revenue/Sales Reportingunmatched
    • Team Playerunmatched
    • Time Managementunmatched
    • Vision Planunmatched

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