Cash Applications Senior Coordinator in Chicago, Illinois at Sidley Austin LLP

Summary:

The Cash Applications Senior Coordinator (10AM-6PM) plays a vital role within the Accounting department, responsible for the accurate and timely application of incoming client payments. This position ensures client accounts are correctly maintained and supports overall accounts receivable operations. The Cash Applications Senior Coordinator must be detail-oriented, organized, and capable of working efficiently in a fast-paced, high-volume environment. The incumbent will collaborate with individuals across the Firm, including partners, legal secretaries, billing and accounts receivable staff, and cash management.

Duties and Responsibilities:

• Process daily incoming payments (wires, ACH, and checks) and apply them accurately to client accounts in the Firms 3E accounting system. Flag issues or discrepancies between payments and our client accounts.
• Research and resolve unidentified or misapplied payments in coordination with the billing and accounts receivable staff, the Firms clients, and partners.
• Follow-up and clear payments posted to the Firms unapplied cash account.
• Maintain proper documentation and audit trail of all cash application transactions.
• Maintain the Firms daily cash receipts log, ensuring entries are posted timely and accurately.
• Reconcile daily deposits and record collections figure in the Firms dashboard.
• Respond to internal and external inquiries regarding payment status and application.
• Support the Cash Applications Supervisor with ad hoc projects and reporting as needed.

Education and/or Experience:

Required:

• 1 - 3 years work experience in a related cash application function
• Thorough working knowledge of Microsoft Excel and Word

Preferred:

• Bachelors degree in a related field preferred. An equivalent combination of education and/or experience may be considered in lieu of the degree when the experience has been directly related to the functions of the job
• Previous experience working in a law firm or other professional services firm
• Experience with 3E

Other Skills and Abilities:

The following will also be required of the successful candidate:

• Strong organizational skills
• Strong attention to detail
• Good judgment
• Strong interpersonal communication skills
• Strong analytical and problem-solving 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

#LI-Hybrid

The target salary range for this role is:

Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits.

To perform this job successfully, an individual must be able to perform the Duties and Responsibilities above satisfactorily and meet the requirements. The requirements listed above are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email sidleytalentacquisition@sidley.com (current employees should contact Human Resources).

Sidley Austin LLP is an Equal Opportunity Employer.