Cash Management Specialist

Summary:

The Cash Management Specialist reports to the Global Treasury Manager and supports other department staff.

Duties and Responsibilities:

• Upload and process the daily ACH/wire transactions provided by Accounts Payable – including review of documentation before upload to ensure it follows guidelines set forth.
• Process various daily international banking transactions.
• Process mid-month, end-of-month, and ad-hoc partner payments.
• Prepare daily cash management folder for supervisor review.
• Prepare daily cash management journal entries for supervisor review/approval.
• Respond to cash-related inquiries that are emailed to the Cash Management inbox.
• Daily update of cash balances on the Intranet.
• Weekly update on the international cash position.
• Weekly initiation of funding requests from other offices and transfer of cash between offices, as instructed.
• Ad-hoc processing of Client Trust Transactions and the recording of such transactions in the Elite Trust Module.
• Aids in keeping firm trust accounts and ensuring policies and procedures are followed.
• Aids in monitoring cash balances and preparing cash flows when needed.
• Aids in keeping banking matrices and ensuring they are kept up to date.
• Prepare and keep written processes and procedures for areas of responsibility.
• Find opportunities for improvement and provide information and recommendations to management.
• Aid in special projects, as assigned.
• Develop a good understanding of Firm Operations and the law firm industry, along with an appreciation for high-quality customer service specifically about Partners, Attorneys, and Other Accounting Groups within the Firm.
• For internal control purposes, agree to take a mandatory, consecutive two-week period of combined leave time (CLT)

Education and/or Experience:

Required:

• Associate’s degree in accounting or related field
• Proficient in data entry
• Good working knowledge of Microsoft Word and Excel
• Ability to manage combined leave time (CLT) to cover a mandatory, consecutive two-week absence.

Preferred:

• Bachelor’s degree in Accounting or related field
• A minimum of one year of cash management experience

Other Skills and Abilities:

The following will also be needed from the successful candidate:

• Strong organizational skills
• Strong diligence
• Good judgment
• Strong interpersonal communication skills
• Strong analytical and critical thinking 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.

Job Types: Full-time, Contract

Pay: $50,000.00 - $70,000.00 per year

Schedule:

• Monday to Friday
• Morning shift

Work setting:

• In-person

Education:

• Associate (Required)

Experience:

• data entry: 5 years (Required)
• Microsoft Word and Excel: 5 years (Required)
• manage combined leave time (CLT): 5 years (Required)
• cash management: 5 years (Required)
• legal billing: 5 years (Required)
• big law environment: 5 years (Required)
• Elite 3E or Aderant: 5 years (Required)

Ability to Commute:

• Chicago, IL 60603 (Required)

Work Location: In person