Friedman Williams
Settlement Accounting Specialist Remote
Job ID: 20962
Settlement Accounting Specialist
Position Summary
The Settlement Accounting Specialist manages settlement funds held in trust, ensuring accurate recording, compliance, and timely distribution of client, vendor, co-counsel, and firm payments. This role works closely with attorneys, the settlement team, and financial institutions to support settlement operations and safeguard client funds.
Key Responsibilities
- Prepare and maintain settlement funding reports and trust accounting records
- Record incoming settlement proceeds and allocate funds to client matters in the Accounting System
- Prepare and revise settlement statements for attorney review and client approval
- Review settlement documents for completeness and compliance
- Create and reconcile distribution lists to funds held in trust
- Coordinate approvals for distributions
- Verify client payment instructions
- Document and reconcile outgoing trust transactions
- Process firm fee transfers from trust to operating accounts
Qualifications
- 6+ years of law firm, trust, or settlement accounting experience
- •Working knowledge of trust/IOLTA accounting rules•
- Experience with ProLaw or similar legal accounting systems preferred
- •Strong attention to detail and reconciliation skills
Skills
- High level of accuracy and confidentiality
- Strong communication and organizational skills
- Ability to manage multiple deadlines in a fast-paced environment
If interested, please contact Valentina at 732-252-0031 or send your resume to vlazoja@friedmanwilliams.com.