JR. Accruals Specialist

Insight Global
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Job Details

  • Location: Boston, MA, 02199
  • Date Posted: 2022-11-02
  • Employment Type: Full Time
  • Category: Technology
  • Req Number: 233400
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An Am Law 50 firm is seeking a Jr. Accruals Specialist to join a newly created Accruals team within the Revenue group. The accrual reports provide transparency into the firm's clients' legal spend, which is vital to maintaining strong relationships with the clients. As an additional touch point and support to the firm's clients, the accruals team will be responsible for preparing reports accurately and efficiently in a timely manner to ensure exceptional delivery and partnership.

The day-to-day responsibilities of the Jr. Accruals Specialist will consist of:

* Handle intake and coordinate with other business support teams to align reports and establish appropriate ownership.

* Manage workflow, communication, preparation and delivery of accruals reports and client accrual request.

* Pull, understand, analyze and report on information for accrual reports including: billed & unbilled fees, flow-through costs, A/R, current rejections, client IDs, matter budgets/forecasts, AFA or bill rate info., timekeeper detail, or third party vendor spend.

* Analyze and categorize high volume of unbilled time entries and ensure deadlines are met to provide accrual reports on a weekly, monthly, or quarterly basis.

* Establish processes that include attorney sign-off on accruals and standardize accrual reports.

This position requires the Jr. Accruals Specialist to come into the office 3 days a week in Boston, MA or NYC.

Proof of Covid-19 vaccination is required.

Compensation for NYC - $70K-95K base salary

* Law firm experience or coming from a paralegal background

* Knowledge of 3e system and MicroStrategy
* 2-3 years of experience creating, analyzing, and managing regular accrual reports in a law firm or professional services environment

* Ability to pull, understand, analyze and report on information for accrual reports (billed and unbilled fees, A/R, current rejections, matter budgets, etc.)

* Proficient in excel, including VLOOKUPs, Pivot Tables, ect.

* Hands-on experience working with new systems and analytical platforms, as well as strong accounting knowledge

* Exceptional communication and time management skills

* Bachelor's Degree in Finance, Accounting, or similar areas