Morgan, Lewis & Bockius LLP, one of the world’s leading global law firms with offices in strategic hubs of commerce, law, and government across North America, Asia, Europe, and the Middle East, is seeking to hire a Cash Applications Assistant. The Cash Applications Assistant will support the Cash Applications Department by processing and applying client payments, conducting research, and providing a high level of client service, utilizing the department’s automated systems and processes.
This position will reside in our Philadelphia office and offers a hybrid in-office/remote working schedule.
Key responsibilities include:
Research and resolve payments that cannot be automatically applied (majority of workload).
Audit the report and fix discrepancies between bank file and Elite load
Communicate with attorneys and vendors to determine correct allocation.
Post corrected payments accurately in the system.
Coordinate with billing teams and attorneys regarding fee and cost write-offs.
Process write-offs using the automated Wow Flow system and manually in the billing system.
Communicate with billing assistants and attorneys for paid-on account.
Maintain spreadsheets to balance the daily cash deposited into cash recorded.
Generate GL detail reports for Treasury.
Track and report high-value payments ($250,000 and $1,000,000+) for audit purposes.
Research and process overpayments, duplicate payments, retainers, and refunds.
Investigate aged receivables, short payments, misapplications, and client discounts.
Provide documentation and support during financial audits.
Experience and qualifications:
Bachelor’s Degree, from four-year college or university and some accounting or financial background is preferred.
Minimum three (3) years of professional experience in cash applications or Elite Billing within a high-volume automated environment.
Experience with Elite 3E, automated expense/invoice reporting systems is a plus.
Strong analytical, reconciliation, and problem-solving skills.
Proficient in Microsoft Office (Excel, Word, PowerPoint).
Excellent written and verbal communication skills.
Qualified candidates must apply online by visiting our website at www.morganlewis.com and selecting “Careers.”
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Morgan, Lewis & Bockius LLP is committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value inclusion and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law.
Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment qualified applicants with arrest and conviction records.
California Applicants: Pursuant to the California Consumer Privacy Act, the following link contains the Firm's California Consumer Privacy Act Privacy Notice for Candidates which explains the categories of personal information that we collect and the purposes for which we use such personal information. CCPA Privacy Notice for Candidates
Morgan, Lewis & Bockius, LLP reasonably accommodates applicants and employees who need them to perform the essential functions of the job because of disability, religious belief, or other reason protected by applicable law. If you believe you need a reasonable accommodation during the application process, please contact Talent Acquisition at 888.534.5003 or talent.acquisition@morganlewis.com
If hired, your employment relationship with the firm will be on an "at-will" basis, meaning that the firm may modify the terms and conditions of your employment at any time, and that either you or the firm will be free to end the relationship at any time with or without cause and with or without advance notice, although reasonable notice would be expected.