Accountant, Receivables & Trust

Colonial Group; Toronto; On-site; CAD 65,000 - 75,000; Full time

Benefits offered by this job

Competitive compensation

Benefits package

Professional development

Job summary

Goodmans LLP, a leading Canadian law firm in Toronto, is seeking a full-time Accountant, Receivables and Trust to support the Finance team. You will manage cash receipts and trust activities, ensuring accuracy, compliance and timely reporting for management and lawyers.

The ideal candidate has a degree in Business/Accounting or Finance, 3+ years in accounting (preferably in a law firm), and proven trust accounting knowledge. Strong Excel skills and confidentiality are essential.

Qualifications

• Post-secondary degree or diploma in Business, Accounting or Finance.
• Minimum of 3 years of financial or accounting experience, preferably in a law firm or professional services.
• Knowledge of trust accounting principles and controls; hands-on trust deposits, disbursements, investments, reconciliations and reporting.
• Proficiency in Microsoft Office, particularly Excel and Outlook.
• Experience with law firm accounting systems, trust accounts and accounts receivable processes is an asset.
• Familiarity with domestic and foreign wire transfer and banking processes is an asset.
• Strong analytical and problem-solving skills with keen attention to detail.
• Strong written and verbal communication skills.
• Commitment to accuracy and confidentiality; collaborative approach to supporting colleagues and clients.

Responsibilities

• Process all cash receipts, including cheques, drafts and wires, accurately and in a timely manner.
• Process all trust activities, including deposits, disbursements and investments, accurately and in a timely manner, with careful attention to compliance with firm policies and LSO trust account requirements.
• Respond to inquiries from Finance colleagues and Legal practice groups regarding cash receipts, trust activities and related financial processes.
• Gather, file and maintain supporting documentation for daily cash receipts and trust activities.
• Liaise with the bank to buy or sell currencies, place or redeem trust investments and investigate treasury issues as required, ensuring compliance with firm policies.
• Generate and prepare trust reports, including transaction histories, balances, reconciliations from subledger to general ledger and reports required for settlement of firm invoices.
• Perform other duties as assigned and provide backup support for teammates as needed.

Skills

Accounting experience

Trust accounting

MS Excel

Office suite

Communication skills

Discretion & confidentiality

Attention to detail

Education

Business/Accounting/Finance degree or diploma

Tools

Microsoft Office

Law firm accounting systems

Wire transfer knowledge

Job description

Goodmans LLP is internationally recognized as one of Canada’s leading and most innovative law firms. We offer market leading expertise in M&A, corporate, securities and finance, private equity, real estate, tax, restructuring, litigation and other business-related specialties.

What makes Goodmans a great place to work?

It starts with our people. At Goodmans you will be part of a collaborative team where you will feel valued, connected and supported. We foster a dynamic and engaging culture that values diversity, equity and inclusion. If you are looking for a challenging and rewarding opportunity, then this is the place for you. Join us and put yourself in good company.

We are looking for a full-timeAccountant, Receivables and Trust to join our Finance team. Reporting to the Assistant Controller, you will collaborate with colleagues in Finance and the Legal practice groups to support the firm’s business, receivables and trust operations. This role is responsible for the accurate and timely processing, record-keeping and reporting of financial transactions for management and lawyers in accordance with best practices, firm policies and applicable regulatory requirements. The ideal candidate brings strong accounting fundamentals, sound knowledge of trust accounting requirements and practical, hands‑on experience supporting trust accounting activities with accuracy, discretion and a client-service mindset.

Key Responsibilities:

• Process all cash receipts, including cheques, drafts and wires, accurately and in a timely manner
• Process all trust activities, including deposits, disbursements and investments, accurately and in a timely manner, with careful attention to compliance with firm policies and LSO trust account requirements
• Respond to inquiries from Finance colleagues and Legal practice groups regarding cash receipts, trust activities and related financial processes
• Gather, file and maintain supporting documentation for daily cash receipts and trust activities
• Liaise with the bank to buy or sell currencies, place or redeem trust investments and investigate treasury issues as required, ensuring compliance with firm policies
• Generate and prepare trust reports, including transaction histories, balances, reconciliations from subledger to general ledger and reports required for settlement of firm invoices
• Perform other duties as assigned and provide backup support for teammates as needed

What You Bring:

• A post-secondary degree or diploma in Business, Accounting or Finance
• A minimum of 3 years of financial or accounting experience preferably within a law firm or professional services environment
• Knowledge of trust accounting principles, and controls, with hands‑on experience in trust deposits, disbursements, investments, reconciliations and reporting
• Proficiency in Microsoft Office, particularly Excel and Outlook
• Experience with law firm accounting systems, trust accounts and accounts receivable processes is an asset
• Familiarity with domestic and foreign wire transfer and banking processes is an asset
• Strong analytical and problem-solving skills with a keen attention to detail
• Strong written and verbal communication skills
• Commitment to accuracy and accountability
• Collaborative approach with a commitment to supporting colleagues and clients
• Ability to prioritize and manage multiple tasks in a fast‑paced environment
• Sound judgement and commitment to discretion and confidentiality

We Offer:

We’re proud to offer a workplace that is supportive, collaborative and rewarding. When you join our team, you can look forward to:

• Competitive compensation that recognizes the value you bring to our team. For this role, the anticipated annual salary range is $65,000 - $75,000, commensurate with skills, experience and qualifications;
• Comprehensive benefits package that includes health, dental, vision, retirement savings, vacation and additional perks; and
• Continuous learning and professional development opportunities to support with your growth and career goals.

This opportunity is in respect of an existing vacancy. We may use artificial intelligence (AI) tools to assist with certain aspects of our recruitment efforts. Final hiring decisions are made by the Human Resources team in collaboration with the relevant manager.

Goodmans LLP is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives. Goodmans LLP invites applications from all qualified candidates. For applicants with disabilities requiring accommodation at any point in the recruitment process, please contact [e-mail].