Accounts Receivable Specialist

Position Overview

Stoel Rives LLP has an immediate opening for an Accounts Receivable Specialist in either our Boise or Portland office. The Accounts Receivable Specialist is responsible for the accurate and timely processing of client payments, including both operating and trust (IOLTA) accounts. The role ensures all receipts are properly recorded, applied, and reconciled while maintaining compliance with trust accounting rules. It partners with attorneys, billing, and accounting teams to resolve discrepancies, prepare trust disbursements, and safeguard client funds.

This position reports to the Accounting Manager.

• Process and post all incoming cash receipts, including checks, wire transfers, ACH payments, and credit card transactions.
• Accurately apply payments to client accounts and matters based on supporting remittance information.
• Research and resolve unapplied or misapplied cash, coordinating with internal teams and clients.
• Reconcile daily cash activity to bank deposits and system records.
• Maintain detailed documentation for all cash applications, adjustments, and corrections.
• Monitor unapplied cash and follow up to ensure timely resolution.
• Collaborate with attorneys and accounting staff to address payment discrepancies or unidentified receipts.
• Prepare and review cash receipt reports and support AR aging accuracy.
• Ensure compliance with firm policies, internal controls, and audit requirements.
• Record and reconcile transactions for client trust (IOLTA) accounts per policy and regulatory requirements.
• Ensure proper segregation and handling of client funds, including timely identification and allocation of trust receipts.
• Prepare and process IOLTA disbursements with proper authorization, supporting documentation, and compliance with firm policies and applicable regulations.
• Review trust balances prior to disbursement to confirm sufficient funds and proper allocation to client matters.
• Communicate effectively with team members regarding status of projects, questions, deadlines, and provide overflow assistance as needed.

• Good oral and written communication.
• Customer service orientation.
• Attention to detail.
• Keyboard and 10‑key skills.
• Teamwork and cooperation.
• Ability to learn and flexibility to change tasks quickly.

• Demonstrated experience in proper accounting procedures.
• Proficiency in modern office technology, including Microsoft Office Suite, digital communications platforms, and standard business equipment.
• Ability to learn new or updated versions of the firm’s accounting system.
• Experience with Aderant accounting software is a plus.

• College degree in math, finance, accounting, or related field required, or high school degree or equivalent with 3 years of relevant experience.

This position is non‑exempt and eligible for overtime compensation. Regular office hours are 8:30 a.m. to 5 p.m., Monday through Friday; hours may vary based on office needs. Availability to work December 31 of each year is required.

The pay range is $43,000–$79,000, varying by skills and overall experience. The role also includes an annual discretionary bonus and a robust benefits package, including paid family & medical leave, competitive PTO, remote work options, comprehensive health, dental, vision, life, long‑term disability, AD&D, EAP, FSA, voluntary life, ADD, LTC, a firm‑contributed health savings account, a pre‑tax transportation/parking plan with a $100 monthly subsidy for individuals working 3+ days/week in the office, and an annual contribution to the retirement plan.