Escrow Bookkeeper - Personal Injury Law Firm

The Zafran Law Group

Escrow Bookkeeper - Personal Injury Law Firm

Philadelphia, PA
Full Time
Paid
  • Responsibilities

    Benefits:

    Competitive salary

    Health insurance

    Paid time off

    Position Summary

    The Escrow Bookkeeper is responsible for managing, tracking, and reconciling all client escrow and trust accounts in compliance with applicable ethical rules and firm policies. This role ensures the accurate handling of settlement funds, timely payment of liens and expenses, and proper documentation of all escrow transactions.

    General duties and Responsibilities:

    Maintain accurate escrow and trust account records in accordance with state bar and ethical requirements

    Reconcile escrow accounts regularly and resolve any discrepancies

    Review and verify Statements of Distribution (SODs) for mathematical accuracy

    Coordinate with attorneys, paralegals, case managers, and medical providers to obtain final bills and lien amounts

    Work to resolve, negotiate, and reduce outstanding medical liens when applicable

    Ensure all escrowed bills and liens are paid timely and correctly

    Disburse settlement funds to clients, medical providers, and other third parties

    Coordinate with internal bookkeeping and accounting teams to clear outstanding escrow balances

    Maintain organized documentation for all escrow transactions and disbursements

    Respond to internal and external inquiries related to escrow balances and payments

    Assist with audits and compliance reviews related to trust accounting

    Qualifications:

    Prior experience in escrow, trust accounting, or law firm bookkeeping (personal injury experience preferred)

    Strong understanding of trust accounting rules and compliance standards

    Quickbooks experience required

    Accuracy and diligence required

    A diploma or degree in Accounting is advantageous

    Salary to commensurate with experience

    Employment is contingent upon successful completion of a background check