Trust & Receivables Accountant – Law Firm

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, 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.