Law Firm Accountant Job Description

Job Description:

We are seeking a dedicated and detail-oriented Accountant to join our team at [Your Company Name]. This position will play a key role in managing financial records, compliance, and financial reporting for our law firm. The ideal candidate will have a strong background in accounting principles, experience in the legal industry, and a commitment to maintaining strict confidentiality and ethical standards.

Key Responsibilities:

• Financial Management: Prepare accurate financial statements, including balance sheets, profit & loss statements, and cash flow statements.

• Budgeting and Forecasting: Assist in preparing annual budgets and periodic financial forecasts. Analyze financial discrepancies and recommend effective resolutions.

• Client Billing: Oversee client billing processes, ensuring accuracy and timeliness in the issuance of invoices and the reconciliation of client accounts.

• Tax Compliance: Prepare tax returns and ensure compliance with local, state, and federal tax requirements. Work with external auditors and tax advisors as necessary.

• Payroll Processing: Manage payroll processing and ensure accurate calculation of wages, tax withholdings, and company contributions.

• Financial Policies and Procedures: Develop and implement financial policies and procedures to enhance operational efficiency and internal controls.

• Account Reconciliation: Perform monthly, quarterly, and annual account reconciliations to ensure accurate reporting and ledger maintenance.

• Reporting: Provide regular reports to management on the financial status of the firm, highlighting areas of concern and suggesting improvements.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.

• Certified Public Accountant (CPA) or similar certification is strongly preferred.

• Minimum of 3 years of accounting experience, preferably in a law firm or professional services environment.

• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.

• Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial principles specific to the legal industry.

• Excellent analytical, problem-solving, and decision-making skills.

• Exceptional attention to detail and accuracy.

• Strong organizational and time management skills, with the ability to prioritize tasks effectively.

• Excellent communication and interpersonal skills, capable of working both independently and as part of a team.

Work Conditions:

• Standard office hours, Monday to Friday, with additional hours as needed to meet business deadlines.

• Office environment, with occasional remote work options available.

Application Process:

Interested candidates should submit a resume and cover letter detailing their qualifications and experience to [Your Company Email].

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