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- Tasks: Record cash applications accurately and assist with daily reconciliations.
- Company: Join Nixon Peabody LLP, a dynamic law firm focused on innovation and teamwork.
- Benefits: Enjoy a supportive environment with growth opportunities and training in business and law.
- Why this job: Be part of a diverse team making a real impact while developing your skills.
- Qualifications: High school diploma required; two years of relevant experience preferred.
- Other info: This is an entry-level, full-time position with competitive salary and benefits.
The predicted salary is between 42000 - 60000 ÂŁ per year.
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Job Description:
The Cash Application Specialist is responsible for assisting with cash application functions for the firm with emphasis on timely and accurate recording of cash applications. Maintains positive contact with attorneys and support staff; observes confidentiality of client and firm matters. This position reports to the Manager, Cash Applications and Credit Balances.
Job Description:
The Cash Application Specialist is responsible for assisting with cash application functions for the firm with emphasis on timely and accurate recording of cash applications. Maintains positive contact with attorneys and support staff; observes confidentiality of client and firm matters. This position reports to the Manager, Cash Applications and Credit Balances.
A career at Nixon Peabody is the opportunity to do work that matters. It’s the chance to use your knowledge to shape what’s ahead. To share, to innovate, to learn at a firm that taps the power of collective thinking.
We’ve created a dynamic, energizing environment that promotes success for our clients and each other. We offer fast growth, connectedness and training in business as well as law. And our rigorous standards assure you are part of a diverse team of top talent at every turn.
If you’re someone who’s looking toward the future, we’d love to hear from you.
Location: Boston, MA; Chicago, IL; Melville, NY; New York NY; Providence, RI; Rochester, NY; Washington, DC
Essential Job Responsibilities:
- Records all forms of cash receipts in the firm’s accounting system.
- Accurate performance of cash reversals, cash reapplications and write-offs.
- Communicates with attorneys and staff on cash application topics.
- Researches payments that are not readily identifiable, and communicates with clients, banks and attorneys as appropriate.
- Daily reconciliations.
- Complies with policies and escalates appropriately, both exception requests and recommendations for positive change.
- Regular and dependable attendance is an essential function of the job.
- Communicates with billers and collection staff on credit balances.
- Backup support for refund letters and trust forms.
- Perform other duties as assigned.
To perform this job successfully, you must be able to perform each essential job responsibility listed above, satisfactorily, with or without reasonable accommodation. Nixon Peabody retains the right to change or assign other duties to this position. The requirements listed below are representative of the skills and abilities required.
- Completion of high school or equivalent.
- Approximately two years of on the job experience in order to gain an understanding of general accounting policies and procedures and effectively to carry out routine finance duties with minimal supervision.
- Knowledge of general accounting rules and principles.
- Ability to demonstrate impeccable integrity in personal and fiduciary matter.
- Ability to organize and prioritize numerous tasks and complete them under time constraints.
- Interpersonal skills necessary in order to communicate and follow instructions effectively from a diverse group of attorneys, clients and staff and provide information and “high customer service” with ordinary courtesy and tact, using various modes of communication, such as: in person, by phone, e-mail and instant messaging.
Nixon Peabody LLP is an Equal Opportunity / Affirmative Action Employer: Disability / Veteran. Nixon Peabody is committed to creating a fair workplace and does not discriminate against any employee or applicant for employment because of race, creed, color, national origin, sex, age, disability, marital status, sexual orientation, citizenship status, or any other characteristic protected by applicable law.
To comply with Federal law, Nixon Peabody participates in E-Verify. All newly-hired employees are verified through this electronic system established by the Department of Homeland Security (DHS) and the Social Security Administration (SSA) to confirm their identity and employment eligibility. Please refer to the Notice of E-Verify Participation and the Right to Work posters on the Nixon Peabody Careers page for more information.
In accordance with applicable Federal and State laws, the anticipated annual salary range for this position, depending on location, is as follows: Boston, MA : $52,500 to $72,050; Chicago, IL: $52,500 to $72,050; Melville, NY: $57,500 to $79,200;New York, New York: $57,500 to $79,200; Providence, RI: $47,500 to $65,450; Rochester, NY: $47,500 to $65,450; Washington, DC: $52,500 to $72,050
In addition to a standard benefits package, this role may be eligible for additional contingent compensation based on an array of factors, including but not limited to: work performance, geographic location, work experience, education, and qualifications. Because such contingent compensation is not yet calculable or may be zero ($0) in some circumstances, the above-listed salary range(s) are Nixon Peabody’s good faith estimate of the annual salary(ies) it reasonably expects to pay for the position at the time of this posting.
Seniority level
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Seniority level
Entry level
Employment type
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Employment type
Full-time
Job function
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Job function
Accounting/Auditing and Finance
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Industries
Law Practice
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Cash Applications Specialist employer: Nixon Peabody LLP
Contact Detail:
Nixon Peabody LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cash Applications Specialist
✨Tip Number 1
Familiarise yourself with the specific cash application processes used in law firms. Understanding how cash receipts are recorded and reconciled in a legal context will give you an edge during interviews.
✨Tip Number 2
Network with current or former employees of Nixon Peabody LLP. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when applying.
✨Tip Number 3
Brush up on your interpersonal skills. Since the role involves communication with attorneys and staff, demonstrating your ability to engage effectively with diverse groups will be crucial.
✨Tip Number 4
Prepare for potential scenario-based questions in interviews. Think about how you would handle common cash application challenges, as this will showcase your problem-solving abilities and understanding of the role.
We think you need these skills to ace Cash Applications Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Cash Applications Specialist position. Understand the key responsibilities and required skills, such as cash application functions and communication with attorneys and staff.
Tailor Your CV: Customise your CV to highlight relevant experience in accounting and finance. Emphasise any previous roles where you managed cash applications or reconciliations, and showcase your attention to detail and organisational skills.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for the Cash Applications Specialist role. Mention your understanding of general accounting principles and your ability to maintain confidentiality, as these are crucial for the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which is essential for this role.
How to prepare for a job interview at Nixon Peabody LLP
✨Understand Cash Application Processes
Familiarise yourself with cash application functions, including recording cash receipts and handling cash reversals. Being able to discuss these processes confidently will show your understanding of the role.
✨Demonstrate Strong Communication Skills
Since the role involves communicating with attorneys and staff, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in previous roles, especially in high-pressure situations.
✨Showcase Your Attention to Detail
Highlight your ability to maintain accuracy in financial tasks. Bring examples of how you've successfully managed detailed work in the past, as this is crucial for the timely and accurate recording of cash applications.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, such as how you would handle unidentified payments. Think through potential scenarios and how you would approach them, demonstrating your analytical skills.
