Staff Accountant
Full job description
As an Accountant at Prestige Accounting & Consulting, you will take on a more advanced role, working directly with law firm clients to manage their financial operations. You will be responsible for preparing reconciliations, overseeing accounts, and ensuring compliance with IOLTA regulations. This role requires a keen understanding of legal accounting, proactive problem-solving, and the ability to work independently on client deliverables.
Compensation:
$50,000 - $65,000 yearly
Responsibilities:
Perform advanced bank and credit card reconciliations, including three-way trust reconciliations for law firm clients.
Review and monitor IOLTA accounts to ensure compliance with state bar regulations and proper segregation of funds.
Prepare and deliver monthly financial statements to clients, providing analysis and insights.
Assist in the preparation of budgets, cash flow forecasts, and profitability reports for law firms.
Handle accounts payable, accounts receivable, and trust fund disbursements for clients.
Identify and resolve accounting discrepancies, collaborating with Senior Accountants as needed.
Provide client support for accounting-related inquiries and software troubleshooting.
Train and mentor Accountant I team members as needed.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a related field.
At least 3 years of accounting experience, working inside a CPA firm with a preference for legal or professional services accounting.
Strong understanding of GAAP and legal trust accounting requirements.
Advanced proficiency in QuickBooks Online and experience with legal practice management software (e.g., Clio, PracticePanther).
Analytical mindset with excellent problem-solving skills.
Ability to manage multiple clients and meet strict deadlines.
About 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.
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.