Accountant for Law Firm

7 days ago

Manila, National Capital Region, Philippines Virtual Champs Global Full time ₱400,000 - ₱800,000 per year

We are seeking a highly skilled and experienced Accountant to join our team, with a strong emphasis on Non-profit & law firm accounting.

This is a client-facing role requiring a professional who understands the nuances of non-profit/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.
  • Provide support and guidance to clients on how to use these systems effectively, when necessary.

Qualifications

Qualifications:

  • Certified Public Accountant
  • Must have an experience in IOLTAAccoungta

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