Trust Accountant

2 weeks ago


Paramus, New Jersey, United States Panzer Solutions LLC Full time $60,000 - $80,000 per year

Role: - Trust & Retainer Accountant

Location: - Paramus, New Jersey

Contract: - Full Time

Job Description:-

About the Role

Our client is seeking a Trust & Retainer Accountant to oversee and manage all trust accounting operations in compliance with legal, ethical, and regulatory standards. This position plays a vital role in maintaining the integrity of client trust accounts and ensuring accurate financial reporting for the firm.

Key Responsibilities

  • Manage client trust accounts in accordance with state bar regulations and firm policies
  • Record and monitor all trust transactions, including deposits, disbursements, wires, and transfers
  • Prepare and distribute trust balance reports for attorneys and clients
  • Perform and review monthly trust account reconciliations and resolve discrepancies promptly
  • Partner with attorneys and staff to ensure proper handling of client funds
  • Support audits and regulatory reviews related to trust accounting
  • Maintain compliance with IOLTA (Interest on Lawyer Trust Accounts) requirements
  • Generate financial and compliance reports for internal and external stakeholders
  • Assist with general accounting duties as needed

Qualifications

  • Bachelor's degree
    in Accounting, Finance, or related field
  • Minimum 3 years of trust accounting experience
    , preferably in a law firm environment
  • Proficiency with legal accounting software
    (Elite, Aderant, or similar)
  • Strong organizational, analytical, and communication skills
  • High attention to detail and accuracy
  • Ability to work efficiently in a fast-paced, deadline-driven environment

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