Settlement Accounting Manager

This is a fully remote position, open to applicants in Alabama, +5 more states.

📋 Description

• Lead and oversee the settlement accounting function to guarantee precision, compliance, and efficiency.

• Supervise the recording, reconciliation, and distribution of settlement funds.

• Create, execute, and uphold internal controls and accounting procedures.

• Act as a liaison among Accounting, Legal, Settlement Administration, and external stakeholders.

• Promote the utilization of AI and automation tools, including Microsoft Copilot, Cowork, and Power Automate.

• Manage the daily operations of the settlement accounting team, focusing on workload distribution, training, and performance management.

• Review and authorize settlement calculations, allocations, and disbursements.

• Ensure the timely and accurate reconciliation of trust and settlement accounts.

• Monitor adherence to client trust accounting regulations, internal policies, and relevant laws.

• Prepare and assess settlement-related journal entries, reports, and financial schedules.

• Assist with audits, internal reviews, and inquiries related to settlement accounting.

• Identify opportunities for process enhancements and implement workflow efficiencies.

• Support leadership with financial analysis and reporting related to settlements.

• Foster a cohesive, high-performing team while managing administrative tasks such as time-off requests, timecards, compliance training, and evaluations.

⛳️ Requirements

• A Bachelor’s degree in accounting, finance, or a related discipline is required.

• More than 5 years of accounting experience, particularly in settlement accounting, trust accounting, or similar complex financial settings.

• Previous experience in people management or as a team leader is necessary.

• Comprehensive understanding of accounting principles, internal controls, and reconciliation processes.

• Exceptional attention to detail with the capability to manage multiple deadlines and priorities.

• Proficiency in accounting systems and Excel.

• Experience in a law firm is preferred.

• Familiarity with legal or settlement management systems is advantageous.

• Process-oriented with strong analytical skills.

• Ability to manage sensitive financial information and adhere to strict deadlines related to settlement schedules.

🏝️ Benefits

• 100% employer-paid health, dental, and vision insurance for employees and their dependents.

• $50,000 in life insurance provided at no cost.

• 401(k) plan featuring a 6% dollar-for-dollar employer match after the probationary period.

• Generous paid parental leave for birth, adoption, or fostering.

• Dependent care reimbursement of up to $3,500/month.

• Healthcare and Dependent Care Flexible Spending Accounts (FSAs).

• Up to $5,000 reimbursement for infertility treatment.

• Up to $5,250 per year in tuition reimbursement for professional development.

• Monthly commuter reimbursement of up to $100 for public transportation.

• Home office reimbursement: $150 for a desk and $150 for a chair (one-time).

• $25 work-from-home allowance for hybrid and remote staff each pay period.

• Coverage for state bar and approved professional association dues.

• $30 Grubhub lunch credit every first Friday of the month.

• Community engagement support, including matching donations to 501(c)(3) nonprofits and encouragement of volunteer time.