Accounting Escrow Manager

The role

Leads and directs the team that manages the firm's IOLTA, client trust, escrow and other fiduciary accounts. Oversees the receipt, safeguarding, reconciliation and disbursement of client funds and makes sure all transactions meet state bar rules and firm policies.

What you will do

• Direct the team that administers and accounts for IOLTA, client trust, escrow and other fiduciary accounts
• Make sure client funds are safeguarded and never commingled with firm operating funds
• Establish and maintain controls over the receipt, transfer and disbursement of client funds
• Ensure timely monthly three-way reconciliations of trust accounts
• Oversee review and accurate disbursement of settlement and escrow funds to clients, attorneys, lienholders and other third parties
• Partner with Billing, Finance and attorneys to transfer earned fees from trust accounts to operating accounts
• Ensure compliance with state bar rules, IOLTA requirements, fiduciary standards and firm policies
• Prepare reports and supporting documents for bar examinations, financial audits and regulatory reviews
• Develop trust and escrow reporting and identify ways to strengthen internal controls
• Manage banking relationships for escrow and trust accounts

Required qualifications

• Bachelor's degree in Accounting, Finance, Business Administration or a related field
• 3–5 years of progressively responsible legal accounting management experience
• Direct experience with IOLTA, attorney trust, client trust or legal escrow accounting
• Prior supervisory or team leadership experience

Nice to have

• 10+ years of trust or fiduciary accounting experience, preferably in a law firm
• Experience managing settlement funds and complex client disbursements
• Familiarity with IOLTA requirements and state bar rules
• Experience with Aderant, Elite or a comparable financial system

Benefits

• 401(k) retirement savings plan with match
• Medical, dental and vision insurance
• Disability and life insurance
• Generous PTO plan
• Career growth and professional development opportunities
• Access to corporate discount plans

Before you apply

• The firm participates in E-Verify and confirms work authorization for new hires
• Recruitment agencies can only submit candidates with a current signed fee agreement

About the company

Wilson Elser is a national law firm with more than 1,400 attorneys across 46 offices. It is recognized among the top 100 law firms by The American Lawyer.