Legal Accountant

Prestige Accounting & Consulting; Houston (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Prestige Accounting & Consulting is seeking an Accountant with a strong emphasis on law firm accounting to join our client-facing team in Houston, TX. You will manage bookkeeping, pay vendors, and ensure trust accounts compliance.

The ideal candidate has 5 years of accounting experience in a law firm or accounting firm, is proficient in MS Excel, and familiar with QuickBooks Online, CosmoLex, and TimeSlips, ensuring accuracy and timely reporting.

Qualifications

• Strong understanding of GAAP and law firm accounting procedures.
• High confidentiality when handling financial data.
• Minimum 5 years of accounting, bookkeeping, or related experience at a law firm or accounting firm.
• Proficient in MS Excel and data entry.
• Experience with client billing and payroll journal entries.

Responsibilities

• Reconcile general ledgers and prepare financial reports (income statements, balance sheets, reconciliations).
• Manage client trust accounts (IOLTA) and ensure compliance with state bar requirements.
• Record and reconcile IOLTA transactions including deposits, disbursements, and transfers.
• Perform monthly three-way reconciliations and prepare audit-ready documentation.
• Oversee client billing, accounts payable/receivable, payroll journal entries, and data entry; review billing in CosmoLex/TimeSlips.

Skills

GAAP proficiency

MS Excel

Confidentiality

Attention to detail

Communication skills

Education

HS diploma or equivalent

Bachelor's degree a plus

Tools

QuickBooks Online

CosmoLex

TimeSlips

Job description

About this position

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. 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.

Please only apply if you meet ALL of the qualifications.

Compensation:

$55,000 - $75,000 yearly

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 Company

At Prestige Accounting & Consulting, ourexpertise in IOLTA Accounting and legal accountingenables 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.

CORE VALUES

A.I.C.P.A

• Always Improving


• Innovation


• Clarity


• Passion


• Accurate Results

We make sure clients are ALWAYS IMPROVING. Now that we live in a digital age, we always seek new methods of INNOVATION to streamline business processes to better serve more clients. We help clients embrace CLARITY so that they can focus on working with the community they wish to serve. We help clients obtain profits from their PASSION. We help clients monitor success by tracking ACCURATE RESULTS.