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We are looking for an experienced Controller for a new role with our client, an established Toronto-based law firm.
Responsibilities
Financial Reporting:
Responsibilities
Financial Reporting:
- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow reports.
- Utilize the firm's accounting program, PCLaw, to prepare weekly and monthly reports, including month and year-end reports.
- Complete the LSO Annual Report for all lawyers.
- Prepare daily cash flow reports for the managing partner.
- Assist in the preparation of the annual budget, monitor budget variances, and report significant discrepancies to management.
- Develop financial forecasts and projections to support strategic planning and decision-making.
- Conduct financial analysis to provide insights and recommendations for cost control and efficiency improvements.
- Manage disbursements, billings, Accounts Payable, and Accounts Receivable.
- Handle all entries, adjusting entries, and reconciliations on a monthly and annual basis.
- Reconcile all Trust and general accounts, ensuring compliance with LSO rules.
- Prepare and post bank deposits.
- Allocate expenses to appropriate accounts.
- Maintain a fixed assets register and determine if purchases should be considered fixed assets.
- Prepare monthly management companies’ invoices.
- Calculate, file, and pay HST for the partnership and management companies.
- Set up new hires in the ADP payroll system and reconcile payroll.
- Reconcile and file EHT at the end of the year.
- Reconcile T4s.
- Implement and maintain internal controls to safeguard assets and ensure the integrity of financial records.
- Coordinate with external auditors during financial audits and ensure timely resolution of audit findings.
- Manage LawPro Professional Liability Insurance matters and transaction levies.
- Maintain all benefits programs.
- Calculate bonuses and compensation for lawyers.
- Maintain Equitrac.
- Review all bank accounts online daily.
- Train staff on PCLaw.
- Open new files in PCLaw.
- Liaise with the firm's bank and external Accountants
- Perform other day-to-day duties as required.
- Strong knowledge of accounting principles and procedures.
- Proficiency in accounting softwares, the firm works in PCLaw.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational skills.
- Ability to work independently and as part of a team.
- Excellent salary and benefits - $120-$150k
- Matching RRSP program up to 3 percent of your salary
- A friendly supportive working environment
- Fun staff social events
- An environment wherein everyone’s professional growth is encouraged and celebrated
- A convenient downtown Toronto location
To support a fair and efficient hiring experience, we may use AI-assisted tools for administrative tasks like note-taking or scheduling. These tools never make hiring decisions, our team does. If you have any questions about how we use AI, we’re happy to discuss.
IQ PARTNERS is committed to operating an inclusive, barrier-free recruitment and selection process, and we encourage candidates of every race, gender, age, religion, identity, and experience to apply for this position. We’d be happy to provide accommodation for any candidate that requires assistance due to a disability or medical need. Please contact us at 416-599-4700 or by email at [email protected] to discuss specific accommodations.
Job Title:
Controller
Location:
Toronto, Ontario
Type:
Permanent / Full Time
Job ID:
#523406
Apply For This Job
Controller
Location:
Toronto, Ontario
Type:
Permanent / Full Time
Job ID:
#523406
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Apply For This Job
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