Law Firm Accounting Coordinator

Kormans LLP; Mississauga; On-site; CAD 65,000 - 90,000; Full time

Benefits offered by this job

Extended Health Care

Vision Care

Long-Term Disability Insurance

Paid Time Off

On-Site Parking

Job summary

Kormans LLP, a boutique Ontario law firm with offices in Toronto, Mississauga, and Markham, is seeking a full-time Accounting Department Coordinator in Mississauga. You will lead accounting operations, ensure trust accounting compliance, and prepare financial reporting while working closely with partners and the management team.

The role requires 3-5 years of accounting experience in professional services, strong Excel skills, and the ability to manage multiple priorities in a fast-paced

Qualifications

• Bachelors or diploma in accounting/finance/business or related field.
• 3-5 years progressive accounting experience, preferably in law firm or professional services.
• Strong knowledge of accounting principles, financial reporting, and internal controls.
• Experience with AP/AR, reconciliations, and financial reporting.
• Excellent analytical, organizational, and communication skills.

Responsibilities

• Oversee day-to-day accounting processes and trust accounting compliance.
• Prepare monthly financial reporting packages and KPI dashboards.
• Manage accounts payable and accounts receivable, including collections.
• Monitor cash flow and liquidity; support budgeting and forecasting.
• Coordinate year-end reporting with external accountants and auditors.
• Supervise three accounting staff and provide daily guidance.
• Ensure government remittances and tax filings are accurate and on time.
• Maintain internal controls and collaborate with partners and staff.

Skills

Analytical thinking

Organizational skills

Communication skills

Multitasking

Education

Postsecondary education in Accounting/Finance/Business

Tools

Excel

Microsoft Office Suite

Cosmolex/QuickBooks

Job description

Kormans LLP is a boutique Ontario law firm established in 1975 with a dedicated team in Real Estate, Corporate, Wills, and Estates Law. We offer our services through virtual and in-office locations in Toronto, Mississauga, and Markham. Our firm has earned a 4.8 out of 5-star rating on Google, supported by more than 390 client testimonials.

Stay connected with us: https://linktr.ee/Kormans

Role Description

Kormans LLP is seeking a full-time Accounting Department Coordinator to join our growing team in Mississauga, Ontario.

The Accounting Department Coordinator will play a key role in supporting the Firm's financial operations and accounting functions. Working closely with the Partners, management team, and accounting staff, this position is responsible for overseeing day-to-day accounting processes, ensuring compliance with Law Society trust accounting requirements, and providing financial reporting and operational support.

The successful candidate will possess strong analytical, organizational, and leadership skills, with the ability to manage multiple priorities in a fast-paced professional services environment.

Key Responsibilities

• Work closely with the Partners on financial matters, strategic planning, and operational initiatives.
• Provide leadership and oversight of the Firm's accounting and financial management functions.
• Prepare and manage monthly financial reporting packages, including financial statements, key performance indicators (KPIs), cash flow reports, and accounts receivable/payable summaries.
• Monitor the Firm's financial performance and provide meaningful analysis and recommendations to the Partners.
• Coordinate year-end financial reporting and liaise with external accountants, auditors, and tax advisors.
• Support budgeting, forecasting, financial planning, and other strategic initiatives.

Accounting Operations

• Oversee accounts payable, accounts receivable, collections, reconciliations, and banking activities.
• Supervise and support three accounting team members, helping with the day-to-day transactions.
• Responsible for issuing wires, EFT's and cheques.
• Monitor and manage the Firm's cash flow and liquidity to ensure operational requirements are met.
• Oversee billing processes and daily real estate transaction accounting activities.
• Calculate, maintain, and report Partner distributions and related financial information.
• Ensure all government remittances, tax filings, and regulatory reporting requirements are completed accurately and on time.
• Manage banking relationships and key vendor accounts.

Trust Accounting & Compliance

• Ensure compliance with Law Society of Ontario trust accounting rules, reporting requirements, and record-keeping obligations.
• Develop, implement, maintain, and continuously improve financial policies, procedures, and internal controls.
• Monitor compliance with established financial controls and recommend process improvements when required.
• Maintain accurate accounting records and support internal and external audits.
• Coordinate workflow and priorities within the accounting department.
• Collaborate with lawyers, law clerks, legal assistants, and administrative staff to support Firm operations.
• Assist with training, process documentation, and implementation of accounting best practices.
• Participate in special projects and departmental initiatives as assigned.

Qualifications

The ideal candidate will possess:

• Postsecondary education in Accounting, Finance, Business Administration, or a related field.
• Minimum 3-5 years of progressive accounting experience, preferably within a law firm or professional services environment.
• Strong knowledge of accounting principles, financial reporting, and internal controls.
• Experience managing accounts payable, accounts receivable, reconciliations, and financial reporting.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent verbal and written communication skills.
• Advanced proficiency in Microsoft Excel and strong working knowledge of Microsoft Office Suite.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Ability to work independently and collaboratively with cross-functional teams.

Preferred Assets (Not Required)

Experience with any of the following would be considered an asset:

• Law firm accounting experience.
• Knowledge of Law Society of Ontario trust accounting rules and compliance requirements.
• Cosmolex, Unity, Quickbooks, or similar legal accounting software.
• Experience preparing financial reports for professional partnerships.
• Supervisory or team leadership experience.

Why Work for Us

Work alongside experienced legal professionals who value teamwork, mentorship, and professional growth.

Opportunities for Growth

Take on a meaningful role with exposure to the Firm's financial strategy, operations, and leadership team.

Commitment to Excellence

Join a firm recognized for delivering exceptional service, professionalism, and practical legal solutions to clients across Ontario.

We value our team and offer a competitive benefits package, including:

• Extended Health Care
• Vision Care
• Long-Term Disability Insurance
• Paid Time Off
• On-Site Parking

At Kormans LLP, you'll become part of a team that values integrity, collaboration, accountability, and outstanding client service. We are committed to supporting our employees' professional growth while providing exceptional legal services to the communities we serve.

Job Type: Full-time

Experience: 3-5+ years of Accounting, Finance, or Law Firm Accounting Experience Preferred

Salary: Competitive and commensurate with experience

Benefits: Health, Dental, Vision, LTD, Paid Time Off, and On-Site Parking

Kormans LLP is an equal opportunity employer and welcomes applications from all qualified candidates. We thank all applicants for their interest; however, only those selected for an interview will be contacted.