Make an impact at Goodwin, where we partner with our clients to practice law with integrity, ingenuity, agility and ambition. We are in the business of building authentic, long-term relationships with our clients, who are some of the world’s most successful and innovative investors, entrepreneurs and disruptors in the life sciences, private equity, real estate, technology and financial industries, and where they converge. Our immersive understanding of these industries – combined with our expertise across high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions – sets us apart. Our Global Operations Team – all business professionals of the firm – was named the “Best Business Team” by The American Lawyer.

The Trust & Receivables Coordinator reports to the Collections Manager and plays a crucial role in managing the relationship between Cash Application, Trusts, and Collections. This position ensures accurate payment allocation and timely resolution of outstanding items. The coordinator also provides regular reports to upper management on the status of aged Trust balances. The ideal candidate is proactive, detail-oriented, and adept at navigating complex trust systems.

What You Will Do:

Maintain a detailed record of funds placed in the Trust account.
Regularly communicate with the Collections team regarding Trust amounts
Handle payment research.
Investigate unsolved wire, ACH, and check payments on a daily basis.
Develop a streamlined process for payment research using various tools (Aderant AR fields, Expert Image, iManage, eBilling platforms, etc.)
Handle Payor database enhancement
Re-create the Payor Database, including contact phone numbers and email addresses for regular clients’ payables departments
Handle payment allocation.
Transfer funds from Trust to apply to invoices as needed.
Collaborate with Collections, Billing, Trust, and Finance departments to resolve Trust discrepancies.
Communicate directly with payors to allocate unsolved or unidentified payments correctly
Understand Trust ins and outs to reconcile any discrepancies.
Engage with bank representatives when additional payment information is required.
Respond promptly to internal inquiries about unsolved payments or Trust amounts.

Who You Are:

Minimum 3-5 years of related Treasury experience in a professional service organization (law firm experience preferred)
Ability to work hybrid office hours (3 days in-office, 2 days working from home).
Team-oriented and proactive thinker with strong analytical and problem-solving skills.
Excellent communication, organizational, and interpersonal abilities.
Proficient in data entry and detail-oriented.
Comfortable handling multiple assignments across various departments.
Proficiency in spreadsheet software applications.

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Benefits and More

At Goodwin, you will discover your next career opportunity with a rewarding compensation package and comprehensive benefits, including:

Flexible work arrangements and hybrid work schedule
Health, dental, and vision insurance
Life and disability insurance
Retirement & Savings Plan
Emergency back-up child and adult care
Paid vacation, sick time off, and holidays
Professional development and career advancement opportunities
Employee recognition and reward programs
Employee wellness and assistance programs
Employee discounts and perks

Consistent with the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance an arrest and conviction record will not automatically disqualify a qualified applicant from consideration.

Consistent with the SF Fair Chance Ordinance, an arrest and conviction record will not automatically disqualify a qualified applicant from consideration.

Goodwin Procter LLP is an equal opportunity employer. This means that Goodwin Procter LLP considers applicants for employment, and makes employment decisions without unlawful discrimination on the basis of race, color, gender, gender identity or expression, age, religion, national origin, citizenship status, disability, medical condition, genetic information, marital status, sexual orientation, military or veteran status, or other legally protected status.

Please note: Various agencies of the United States government require employers to collect information on applicants and employees. The National Association of Law Placement (NALP) and certain clients request us to keep track of certain aggregate information regarding lawyers. EEO information requested on this application is for purposes of compliance with these recordkeeping and reporting requirements and to determine recruiting and employment patterns. Submission of this information is voluntary and refusal to provide it will not subject you to any adverse treatment.

This position is eligible for overtime: Yes