Law Firm Bookkeeper

Prestige Accounting & Consulting; United States; Remote; USD 45,000 - 52,000; Full time

Job summary

A leading accounting firm is looking for a skilled Law Firm Bookkeeper to manage financial records for law clients. This role emphasizes trust account management, compliance with accounting principles, and client communication. The ideal candidate will possess strong analytical skills and experience in legal bookkeeping.

Qualifications

• Minimum 5 years experience in bookkeeping at a law firm or accounting firm.
• Exceptional knowledge of GAAP and accounting procedures.
• Ability to work accurately under pressure.

Responsibilities

• Manage IOLTA trust accounts and ensure compliance with state bar requirements.
• Handle bookkeeping, including client billing and accounts payable.
• Prepare monthly financial statements and reports.

Skills

Detail Orientation

Analytical Skills

Communication Skills

Confidentiality

Education

High school diploma or equivalent

Bachelor’s degree

Tools

QuickBooks Online

CosmoLex

Microsoft Office Suite

Job description

Do you have a passion for numbers and analyzing reports? Prestige Accounting & Consulting is seeking a highly skilled and experienced Law Firm Bookkeeper to join our team, with a strong emphasis on IOLTA trust account management and legal industry compliance. 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. The ideal candidate will play a key role in supporting our law firm clients by managing their bookkeeping processes, paying vendors, cleaning up IOLTA accounts, and ensuring full compliance with state bar trust accounting regulations. Responsibilities: 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. Qualifications: • You should have great detail orientation, analytical and communication skills, with the ability to work accurately and gracefully under pressure • Minimum 5 years of recent accounting, bookkeeping, or related field experience at a law firm or accounting firm • Ability to maintain strict confidentiality handling financial data • Exceptional knowledge of generally accepted accounting principles (GAAP) and accounting procedures • High school diploma or equivalent, plus some college is preferred - bachelor’s degree is a plus Compensation: $45,000 - $52,000 yearly

• 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.

Compensation:
$45,000-$52,000 per year