26 Aug
|
Valorega Talentedge
|
Noida
26 Aug
Valorega Talentedge
Noida
Legal / Law Firm Accountant | Legal Accounting | Noida
Location: Noida
Work Mode: Work from Office / Hybrid
Employment Type: Full-Time
Experience: 3-8 Years
About the Role
We are looking for an experienced Legal / Law Firm Accountant with hands-on experience supporting accounting and financial operations for law firms or legal services organizations. The ideal candidate should have strong knowledge of legal billing, matter accounting, client trust accounting, IOLTA, retainers, WIP, unbilled revenue, AP, AR, General Ledger and financial reporting.
Experience supporting US law firms or US legal services clients will be preferred.
Key Responsibilities
- Manage accounting activities for law firms or legal services organizations.
- Maintain General Ledger and law firm accounting records.
- Prepare client invoices based on legal services, time and expenses.
- Review attorney and staff time entries for billing accuracy.
- Maintain matter-level accounting and billing records.
- Manage Accounts Receivable and outstanding client balances.
- Support Accounts Payable and vendor invoice processing.
- Maintain and reconcile Client Trust Accounts / IOLTA where applicable.
- Reconcile trust bank accounts and client matter balances.
- Track retainers, client advances and reimbursable expenses.
- Monitor WIP and unbilled revenue.
- Perform bank, credit card, trust and balance sheet reconciliations.
- Prepare Journal Entries, Accruals and accounting adjustments.
- Investigate billing, trust and accounting discrepancies.
- Support Month-End, Quarter-End and Year-End Close.
- Prepare financial and matter-level reports.
- Coordinate with Attorneys, Partners, Billing, Legal Operations and Finance teams.
- Support collections and client payment processing.
- Support audit requirements and internal controls.
- Support process improvement initiatives related to legal billing and trust accounting.
Key Software
Microsoft Excel, Google Sheets, QuickBooks, Xero, NetSuite, Clio, Clio Manage, LeanLaw, PracticePanther, PCLaw, CosmoLex, Timeslips, Elite, Aderant, Power BI; experience with other legal practice management, time & billing, trust accounting or ERP systems will also be considered.
Accounting & Legal Knowledge
Legal Accounting, Law Firm Accounting, Trust Accounting, IOLTA, Client Trust Accounts, Matter Accounting, Legal Billing, Time & Billing, Retainer Accounting, Client Advances, WIP, Unbilled Revenue, Accounts Receivable, Accounts Payable, General Ledger, Trust Reconciliation, Bank Reconciliation, Month-End Close, US GAAP, Internal Controls.
Qualifications & Skills
- B.Com / M.Com / MBA Finance / Accounting or a related field.
- CA, CPA, CMA, ACCA or relevant professional qualification preferred.
- 3-8 years of relevant Legal / Law Firm / Financial Accounting experience.
- Solid legal billing, matter accounting and reconciliation experience.
- Trust Accounting / IOLTA experience preferred for US-focused roles.
- Strong Excel / Google Sheets skills.
- Experience with legal accounting or practice management systems preferred.
- Excellent analytical, communication and problem-solving skills.
- Experience supporting US law firms or legal services clients preferred.
📌 Legal / Law Firm Accountant | Legal Accounting (Noida)
🏢 Valorega Talentedge
📍 Noida