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Finance Manager
2 months ago
About the job Finance Manager
About the Role
We are seeking a highly skilled and experienced Finance Manager. As the Finance Manager, you will play a critical role in managing the financial operations of our firm, ensuring accuracy, compliance, and efficiency in all financial matters. This position offers an excellent opportunity for an organized and detail-oriented finance professional to contribute to the growth and success of our firm.
You Will:
- Accurately process settlements with complex fee divisions, expenses, and multiple liens, in a short turnaround period.
- Oversee budgeting, financial planning, forecasting, and end-of-month bill payments.
- Liaise with the external accounting firm, providing them with all requested information including monthly and annual bank reconciliations and 1099 reporting requirements.
- Manage the firm's accounting functions, including accounts payable, accounts receivable, and general ledger including preparing the P&Ls.
- Maintain accurate reporting of the firm's IOLTA accounts in various jurisdictions.
- Work closely with the firm's primary financial institution and supervise the case and business lines of credit.
- Review and approve invoices, create expense reports, process reimbursements, deposit, and issue checks.
- Monitor financial performance and provide regular reports and analysis to senior management.
- Calculate and track attorney's fees, including referral fees.
- Implement efficient cash management strategies, including managing trust accounts and client settlements.
- Collaborate with firm leadership to develop financial strategies and initiatives that support the firm's growth and profitability goals.
- Supervise and mentor finance team staff, providing guidance and training as needed.
- Ensure compliance with federal, state, and local tax regulations and reporting requirements.
- Bachelor's degree in Finance, Accounting, or a related field.
- 5+ years of experience in financial management and accounting, preferably within a law firm or legal services environment.
- Advanced Excel knowledge.
- Advanced QuickBooks knowledge.
- CPA Certification.
- Experience using Smart Advocate.
- Knowledge of personal injury law and related financial processes.