Senior Accounting Executive

2 weeks ago

Los Angeles, California, United States Marcum Search LLC Full time

Marcum Search is collaborating with a distinguished boutique law firm to identify a skilled Accounting Director for their West Los Angeles office (hybrid). The Accounting Director will be responsible for managing the Accounting Department, working closely with the Director of Operations, and reporting directly to the Managing Partner to fulfill departmental and firm-wide goals.

Key Responsibilities

  • Supervise accounts payable, accounts receivable, billing, and payroll operations.
  • Ensure accurate accounting transactions and maintain records in the general ledger; responsible for month-end account reconciliations and the preparation of monthly financial statements.
  • Prepare month-end journal entries and conduct monthly reviews of general ledger details.
  • Conduct monthly reconciliations of trust accounts.
  • Develop the firm's annual budget, including revenue projections, and collaborate with department heads to finalize their budgets.
  • Oversee all aspects of financial reporting, including profitability analysis at both the firm and individual timekeeper levels, compensation, rate determination, and the creation of additional reports as requested by firm management.
  • Authorize and process weekly payments, checks, and wire transfers.
  • Create, maintain, and update process documentation; develop new documentation as necessary.
  • Manage third-party vendor 1099 reporting.
  • Collaborate with CPA to ensure proper maintenance of fixed assets and accumulated depreciation records using fixed asset applications; ensure the fixed asset inventory database is current.
  • Assist CPA with tax-related issues.
  • Establish best practice procedures for accounting activities and drive process enhancements, leveraging technology to boost efficiency.
  • Lead, mentor, and develop members of the Accounting team.
  • Monitor and report on essential firm financial metrics and KPIs, and set and achieve departmental OKRs.

Qualifications

  • A Bachelor's degree in accounting, finance, or a related field is mandatory.
  • A CPA license or MBA is preferred.
  • At least 5 years of general accounting experience in a law firm or professional services environment is essential.
  • 5+ years of management experience with multiple direct reports.
  • Strong knowledge of GAAP and accounting principles.
  • Proficient in project management, document management, and data visualization tools.
  • Advanced skills in Microsoft Excel.
  • Familiarity with Microsoft Business Central and Microsoft Dynamics or similar systems is preferred, or a proven ability to learn and adapt to new accounting software.

Compensation

Marcum Search is required by law to provide a reasonable estimate of the compensation range for certain locations. This range considers various factors in making compensation decisions, including skill sets, experience, training, licensure, certifications, and other business needs. Base salary: $150-215; exempt; competitive bonuses.

Marcum Search is an Equal Opportunity Employer. Marcum Search does not discriminate based on race, ancestry, national origin, color, religion, sex, age, marital status, sexual orientation, disability, veteran status, or any other protected classification under the law.

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