Legal Accounting Manager
Legal Accounting Manager
Category
Finance
Location
New York, New York
Employment Type
Permanent
Salary
$180000 - $220000
Job Description:
This position will closely partner with the Director of Accounting and Finance in managing the functions of: General Accounting, Client Billing, Accounts Payable, Client Receipts, Client Trust Accounts and Partner Accounting/Compensation. This role will be expected to independently and proactively identify and implement process enhancements to increase efficiency and accuracy. Capable of hands-on execution of duties related to these functions. The Accounting Manager oversees staff within the functional areas, provides overall supervision, coaching, and performance management.
PRIMARY:
· Oversees and manages the day-to-day Accounts Payable, Client Receipts and Client Trust transactions.
· Collaborate with the Senior Staff Accountant to ensure accurate GL management, and timely monthly reconciliation of bank and balance sheet accounts.
· Prepares and reviews various general ledger monthly journals, reviews coding of expenses and recommends appropriate corrections.
· Accountable for the completion of all Partner Compensation, including partner draw payments and distributions.
· Generates and distributes periodic statistical and financial reports to accounting and firm management. Ensures timely and accurate reporting of daily cash position.
· Manages and supervises staff members to ensure accounting procedures, policies, and internal controls are maintained and followed.
· Assists with the annual audits and compilation of financial statements by outside accountants.
· Regularly interacts with bank representatives regarding banking transactions and online banking issues.
· Assist with accounting initiatives and/or manages projects that involve operational effectiveness/efficiency within the functional areas. This will include the implementation of several technological modules including: paperless billing and a collections module.
· Implements best practices, and ensures proper documentation and training is provided for new policies and procedures.
· Provides informal and formal evaluation and feedback to staff, including preparation of annual performance reviews.
· Partner with Director of Finance to enhance the current operations of the Billing Team. This will include but is not limited to: standardizing processes, documenting workflows and department policies, building Partner Profiles, data clean-up and overall change management.
· Work closely with the Billing Supervisor to oversee and manage the daily operations of the billing department, including matter maintenance and collections.
Job Requirements:
Education: Bachelor’s degree or higher with a concentration in accounting, finance, or related field.
Experience: Professional with at least 7 years of experience within legal accounting.
Skills and Abilities: Position also requires;
· A dependable, detail-oriented team player with excellent communication skills;
· Strong knowledge of legal accounting procedures and regulations;
· Excellent change management skills;
· Proactive analytical problem-solving abilities;
· Immaculate written and verbal communication; strong writing skills;
· Strong work ethic and ability to be effective in a fast-paced environment.
Technological Skills:
Advanced Excel Skills;3E, Elite, or Aderant; Chrome River; e-billing hub; time entry systems