Settlement Specialist

Napoli Shkolnik PLLC, a national plaintiffs' law firm, is seeking a detail-oriented and analytical Settlement Specialist to join our Melville, NY office. This role is responsible for managing the financial aspects of case settlements, including settlement disbursements, escrow account reconciliations, client cost tracking, and preparation of settlement statements.

The ideal candidate has a strong accounting or bookkeeping background, excellent Excel skills, and experience handling financial transactions requiring a high degree of accuracy and confidentiality.

Key Responsibilities

• Prepare and process settlement disbursements, including client payments, attorney fees, medical liens, and vendor payments.
• Reconcile settlement funds, escrow accounts, and case-related financial transactions.
• Track and reconcile client costs and expenses associated with each case.
• Prepare journal entries and maintain accurate financial records.
• Generate and review settlement statements to ensure accuracy and compliance with firm policies.
• Work closely with attorneys, paralegals, and accounting personnel to facilitate timely settlement distributions.
• Utilize the firm's Case Management System and Net Suite to process settlements and issue checks.
• Maintain detailed documentation and supporting records for all settlement-related transactions.
• Identify and resolve discrepancies while ensuring compliance with internal controls and accounting procedures.
• Assist with audits, reporting, and other settlement accounting functions as needed.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
• Minimum of 2 years of accounting, bookkeeping, settlement administration, or related financial experience.
• Experience working in a law firm, insurance company, settlement administration, or escrow environment preferred.
• Strong understanding of account reconciliations, financial transactions, and recordkeeping.
• Proficiency in Microsoft Excel, including formulas, sorting, filtering, and reconciliation functions.
• Experience with Net Suite or similar accounting software is a plus.
• Exceptional attention to detail and organizational skills.
• Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment.
• Strong written and verbal communication skills.
• Ability to handle sensitive and confidential information with professionalism.

$50,000-$70,000

• 401(k)
• Health Insurance
• Vision Insurance
• Paid Time Off
• Professional Growth Opportunities

Additional Requirements

• Bachelor's Degree required
• Ability to commute to Melville, NY 11747
• Work Location:
  
  In Person