Legal Accountant

WizeHire, Inc; Deutschland; Remote; EUR 50.000 - 70.000; Vollzeit

Zusammenfassung

Prestige Accounting & Consulting in Germany is looking for a highly skilled Accountant to focus on law firm accounting. This client-facing position requires expertise in IOLTA management, general bookkeeping, and reconciliations. We seek a candidate with 5 years of accounting experience, a firm grasp of GAAP, and strong proficiency in accounting software like QuickBooks and CosmoLex.

The role includes managing client trust accounts and preparing detailed financial reports, ensuring full compliance and accuracy. The ideal candidate will thrive in a dynamic environment while maintaining confidentiality and providing excellent client support.

Qualifikationen

• 5 years of related accounting experience in a law firm or accounting firm.
• Strong understanding of accounting principles and procedures.
• Ability to maintain confidentiality in handling financial data.

Aufgaben

• Reconcile general ledgers and prepare financial transaction reports.
• Manage client trust accounts (IOLTA) ensuring compliance with state requirements.
• Handle all aspects of law firm bookkeeping, including client billing.
• Prepare monthly financial statements and custom reports.
• Manage and update accounting and billing systems effectively.

Kenntnisse

Understanding of GAAP

Confidentiality

Proficiency in MS Excel

Data entry

Accounting software

Ausbildung

H.S. diploma or equivalent

Bachelor's degree in relevant field

Tools

QuickBooks Online

CosmoLex

Jobbeschreibung

Job Overview

Do you have a passion for numbers and analyzing reports? Prestige Accounting & Consulting is seeking a highly skilled and experienced Accountant to join our team, with a strong emphasis on law firm accounting. This is a client‑facing role requiring a professional who understands the nuances of law firm accounting and is committed to accuracy, timeliness, and ethical handling of trust accounts.

Responsibilities

• Reconcile general ledgers, prepare financial transaction reports such as income and loss statements, balance sheets, and account reconciliations.
• Trust Accounting & IOLTA Management: accurately manage client trust accounts (IOLTA) for multiple law firm clients, ensuring full compliance with state bar requirements; record and reconcile all IOLTA transactions, including deposits, disbursements, and transfers; perform three‑way reconciliations monthly and prepare documentation for audit readiness.
• General Law Firm Bookkeeping: handle all aspects of law firm bookkeeping, including client billing, accounts payable and receivable, payroll journal entries, and data entry; review and oversee client billing functions using platforms like CosmoLex, TimeSlips, or similar software; enter all client costs and receipts into billing and accounting systems accurately and promptly.
• Financial Reporting & Support: prepare and deliver monthly financial statements and custom reports to firm owners; coordinate with external CPAs and tax professionals during monthly and year‑end close; maintain organized and audit‑ready records for each client.
• Software & Systems Management: manage and update accounting and billing systems, including QuickBooks Online, CosmoLex, and Microsoft Office Suite; provide support and guidance to clients on how to use these systems effectively, when necessary.

Qualifications

• Strong understanding of generally accepted accounting principles (GAAP) and accounting procedures.
• H.S. diploma or equivalent, some college preferred – bachelor’s degree is a plus.
• Capable of maintaining strict confidentiality dealing with financial data.
• 5 years’ related accounting, bookkeeping, or related field experience at a law firm or accounting firm.
• Proficient in MS Excel, data entry, and accounting software.

About the Company

At Prestige Accounting & Consulting, our expertise in IOLTA Accounting and legal accounting enables us to leverage specialized strategies to boost the profitability of law firms. Our unique ABC bundle, consisting of Accounting, Business, personal taxes, and Consulting, comes at a flat monthly rate, eliminating any unexpected expenses.