Legal Accountant

Overview

A professional accounting role is available focusing on law firm accounting. This position involves client-facing responsibilities requiring expertise in managing law firm bookkeeping, trust accounts, and compliance with state bar trust accounting regulations.

Responsibilities

• Reconcile general ledgers and prepare financial transaction reports including income and loss statements, balance sheets, and account reconciliations.
• Manage client trust accounts (IOLTA) for multiple law firm clients, ensuring compliance with state bar requirements.
• Record and reconcile all IOLTA transactions such as deposits, disbursements, and transfers.
• Perform monthly three-way reconciliations and prepare documentation for audit readiness.
• Handle all aspects of law firm bookkeeping including client billing, accounts payable and receivable, payroll journal entries, and data entry.
• Review and oversee client billing functions using platforms like CosmoLex, TimeSlips, or similar software.
• Accurately enter all client costs and receipts into billing and accounting systems.
• Prepare and deliver monthly financial statements and custom reports to firm owners.
• Coordinate with external CPAs and tax professionals during monthly and year-end close.
• Maintain organized and audit-ready records for each client.
• Manage and update accounting and billing systems including QuickBooks Online, CosmoLex, and Microsoft Office Suite.
• Provide support and guidance to clients on effective use of accounting and billing systems when necessary.

Qualifications

• Strong understanding of generally accepted accounting principles (GAAP) and accounting procedures.
• High school diploma or equivalent required; some college preferred; bachelor’s degree is a plus.
• Ability to maintain strict confidentiality when handling financial data.
• Minimum of 5 years of related accounting, bookkeeping, or similar experience in a law firm or accounting firm.
• Proficient in Microsoft Excel, data entry, and accounting software.

Compensation & Benefits

• Salary range: $55,000 - $65,000 annually.

Location

Not specified.