--- title: 'Accounting Escrow Manager at Wilson Elser - Business & Legal Professionals' canonical: 'https://feeny.ai/job/accounting-escrow-manager-wilson-elser-business-legal-professionals-new-york-y25extjs14t0' type: 'job' last_seen: '2026-10-14' --- # Accounting Escrow Manager at Wilson Elser - Business & Legal Professionals - **Company:** Wilson Elser - Business & Legal Professionals - **Location:** New York, NY - **Compensation:** $130k–$150k - **Posted:** 2026-08-28 - **Last confirmed live:** 2026-10-14 - **Apply:** https://job-boards.greenhouse.io/wilsonelser/jobs/5409258008 ## Job description At [Wilson Elser](https://www.wilsonelser.com/), we are redefining what it means to work at a national law firm. With more than 1,400 attorneys across 46 offices nationwide, we are recognized among the top 100 law firms by The American Lawyer and ranked #30 in the National Law Journal’s survey of the nation’s largest law firms. Our continued success is built on a culture of collaboration, innovation, client service, and mutual respect. We are committed to fostering an environment where employees are empowered to grow their careers, contribute meaningfully, and thrive professionally. Our firm is committed to attracting and retaining professionals who value each other and the service we provide by embracing Teamwork, Collaboration, Client Service, and Innovation.  If you are a motivated professional looking for a long-term fit where you can grow in a role, and will be valued and empowered, then we invite you to apply to our Accounting Escrow Manager position in our New York City (Midtown) Office. This position offers a flexible, hybrid working arrangement. The Position The Escrow Accounting Manager leads and directs the team responsible for the accurate, compliant, and secure management of the Firm’s IOLTA, client trust, escrow, and other fiduciary accounts. This role provides leadership and oversight of the team’s work involving the receipt, safeguarding, reconciliation, accounting, and disbursement of client funds associated with litigation matters, settlements, corporate transactions, estates, and other legal matters. The Escrow Accounting Manager serves as a subject matter expert on legal trust accounting, leads and directs the team performing these functions, and ensures that all transactions comply with applicable state bar rules, ethical requirements, fiduciary obligations, and Firm policies. The role requires exceptional attention to detail, strong accounting expertise, sound judgment, and the ability to ensure the team maintains accurate and auditable financial records. Key Responsibilities: - Trust & IOLTA Accounting - Direct the team responsible for the administration and accounting of IOLTA, client trust, escrow, and other fiduciary accounts. - Ensure the team properly safeguards client and third-party funds are properly safeguarded and never commingles them with Firm operating funds. - Establish and maintain appropriate controls over the receipt, transfer, and disbursement of client funds. - Monitor account activity for unusual transactions, outstanding items, or potential compliance issues. - Ensure earned fees are transferred from client trust accounts to Firm operating accounts only when properly authorized and supported. - Manage banking relationships and coordinate the opening, modification, and closing of escrow and trust accounts. - Maintain accurate client and matter-level records for all funds held in trust or escrow. - Three-Way Reconciliation - Ensure the team performs timely monthly three-way reconciliations of trust accounts, ensuring agreement among: - Bank statements and cleared transactions; General ledger/book balances; and Individual client/matter ledgers. - Direct team members in researching and resolving reconciliation discrepancies promptly. - Ensure the team maintains complete supporting documentation for reconciliations and adjustments. - Monitor aged outstanding checks, deposits, and other reconciling items and direct team members in resolving them appropriately. - Settlement & Escrow Disbursements - Manage the accounting and disbursement of complex settlement, escrow, and client funds. - Ensure team members review settlement statements and disbursement instructions for accuracy, authorization, and compliance. - Direct the coordination of payments to clients, attorneys, medical providers, lienholders, taxing authorities, vendors, and other third parties. - Ensure team members confirm that required documentation, approvals, lien information, and payment instructions are complete before funds are disbursed. - Billing & Firm Accounting Integration - Partner with Billing, Finance, and attorneys to coordinate the transfer of earned fees from trust accounts to Firm operating accounts. - Ensure the team reconciles trust-related activity with billing and accounts receivable records. - Direct the investigation and resolution of discrepancies between trust accounting, billing, and general ledger records. - Compliance & Audit - Ensure compliance with applicable state bar rules, IOLTA requirements, fiduciary accounting standards, and Firm policies - Monitor regulatory requirements affecting client trust and escrow accounts across jurisdictions in which the Firm operates. - Ensure the team maintains documentation and records necessary to support internal and external audits. - Direct the team in preparing reports and supporting documentation for state bar examinations, financial audits, and other regulatory reviews. - Direct the team in coordinating responses to audit inquiries and assisting with remediation of identified findings. - Reporting & Controls - Oversee the development and maintenance of reporting related to trust balances, reconciliations, outstanding items, settlements, and disbursements. - Identify opportunities to strengthen internal controls, improve processes, and reduce risk. - Ensure the team maintains accurate and complete audit trails for all trust and escrow transactions. - Ensure appropriate segregation of duties and approval controls are maintained. Qualifications: - Bachelor’s degree in Accounting, Finance, Business Administration, or a related field required. - 10+ Years experience with trust/fiduciary accounting preferably in a law firm - 3–5 years of progressively responsible legal accounting management experience required - Direct experience with IOLTA, attorney trust accounting, client trust accounting, or legal escrow accounting required - Experience managing settlement funds and complex client disbursements are strongly preferred. - Prior supervisory or team leadership experience required. - Familiarity with IOLTA requirements and state bar rules preferred. - Experience with Aderant, Elite, or a comparable financial system preferred Wilson Elser offers a competitive salary and benefits package designed to support our attorneys both professionally and personally. A variety of factors are considered in making compensation decisions, including but not limited to experience, education, licensure and/or certifications, geographic location, market demands, other business and organizational needs, and other factors permitted by law. Final salary wages offered may be outside of this range based on other reasons and individual circumstances.  This position is considered full-time and therefore qualifies for benefits including 401(k) retirement savings plan, medical, dental, vision, disability, and life insurance. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. Salary Range: $130,000—$150,000 USD Why Should You Apply? - Benefits: Outstanding benefits package, including 401k match and generous PTO plan - Career Growth: Ample opportunities for professional development and advancement - Employee Perks: Access to corporate discount plans and other benefits Wilson Elser welcomes submissions of candidates for our open positions exclusively from recruitment agencies with an active, signed fee agreement who have been granted access to a position through our dedicated Recruitment Agency Portal. We are unable to consider submissions from recruitment agencies without a current (dated as of 7/1/2024) agreement in place. We appreciate your understanding. For collaboration inquiries or to establish an agreement, please contact us at talentacquisition@wilsonelser.com. Wilson Elser is committed to a collegial work environment in which all individuals are treated with respect and dignity.  It is the Firm's policy that employment will be based on merit, qualifications, and competence. Further, employment decisions will be made without regard to an applicants race, color, age, sex, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation or preference, gender identity, physical or mental disability, status as a victim of domestic violence, sex offenses, or stalking, past or present service in the uniformed services or application or obligation to serve in the uniformed services, or any other characteristic protected by law. Wilson Elser endeavors to make the Wilson Elser website accessible to any and all users.  You may review our Accessibility Policy [here](https://www.wilsonelser.com/web-accessibility-policy). California Residents may review our CCPA notice for applicants and employees [here](https://www.wilsonelser.com/candidate-privacy-policy). Wilson Elser participates in the federal E-Verify program. With respect to all new hires, we provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee’s Form I-9 to confirm work authorization. Please review the official posters for detailed information regarding your rights and protections - https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf - https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPoster.pdf #ZR ## About Wilson Elser - Business & Legal Professionals ## Company Overview - **One-liner**: Wilson Elser is a national law firm providing litigation, transactional, and regulatory services to corporations, insurers, and government entities across the United States. - **Entity Type**: Private (law firm partnership) - **Headquarters**: White Plains, New York, USA - **Founded**: 1978 - **Founders**: Thomas W. Wilson and James Elser (firm name) ## Core Business - **Primary industry/industries**: Legal services – insurance defense, transportation (shipping/maritime, NTSB), cannabis law, healthcare, commercial litigation, and general liability. - **Target customers**: B2B – insurance companies, transportation carriers, pharmaceutical firms, healthcare providers, and corporate clients. - **Mission or purpose statement**: Not publicly stated; the firm emphasizes client service, professional development, and a collaborative culture. ## Products & Services - **Insurance Practice**: Representation of insurers in coverage disputes, bad faith litigation, and regulatory matters. - **Transportation Practice**: Defense of shipping, maritime, and aviation clients; NTSB specialists. - **Cannabis Law**: Regulatory compliance, licensing, and litigation for cannabis businesses. - **Healthcare & Medical Malpractice**: Defense of healthcare providers and institutions. - **Litigation & Dispute Resolution**: General commercial litigation, class actions, and insurance dispute resolution. - **Other Practice Areas**: Real estate, employment, intellectual property, and corporate transactions. ## Market Standing - **Valuation/Market Cap**: Not applicable (private partnership) - **Key Metric**: Total professional staff of over 400 members; 20+ offices across the United States. - **Notable Investors/Partners**: Not applicable (client-driven firm); recognized by Chambers USA Guide 2026 with rankings in nine departments nationwide. - **Growth Signals**: Recognition in Chambers USA 2026 across nine practice areas; expansion of Cannabis Law practice; continuous hiring across multiple offices for paralegals, legal secretaries, data analysts, and finance roles. ## Competitive Advantages - **National footprint** with more than 20 offices covering major legal markets. - **Deep industry specialization** in insurance, transportation, and cannabis law – areas with high regulatory complexity. - **Chambers-ranked attorneys** in multiple categories, reflecting consistent client recognition. - **Strong support staff infrastructure** – over 400 business professionals across HR, IT, marketing, finance, and legal support. ## Strategic Focus - **Practice area expansion** – growing Cannabis Law and Transportation (maritime, NTSB) practices. - **Talent development** – professional development programs, internal mobility, and scholarship initiatives (Thomas Wilson Sr. Scholarship). - **Operational efficiency** – hiring data analysts, e-billing administrators, and finance managers to streamline firm operations. ## Why Work Here - **Comprehensive benefits** – medical, dental, vision, 401(k) with employer match, commuter benefits, emergency backup child/elder care, flexible spending accounts, and student loan refinancing. - **Professional growth** – career advancement through promotions and internal mobility; diverse roles from paralegal to finance to technology. - **Work environment** – national presence with offices in major cities; hybrid/office roles available (specific policy varies by office and role). - **Culture** – described as collaborative and committed to staff development; many staff remain for decades. ## Sources 1. [Wilson Elser – Careers: Business & Legal Professionals](https://www.wilsonelser.com/careers-business-legal-professionals) 2. [Wilson Elser – Current Opportunities (Greenhouse)](http://job-boards.greenhouse.io/wilsonelser) 3. [Wilson Elser – Benefits](https://www.wilsonelser.com/careers-business-legal-professionals/benefits) 4. 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