Accounting assistant Jobs in North York, ON

Job Description

Assistant Accounting Manager

Key Responsibilities

• Report directly to the Managing Partner and Senior Partner on all financial matters, including accounting, cash flow, budgeting, and financial planning.
• Manage the firm’s accounting operations using PCLaw, including the preparation of weekly, monthly, and annual financial reports.
• Oversee Accounts Payable and Accounts Receivable functions, ensuring timely and accurate processing.
• Reconcile Trust Accounts and General Accounts to comply with Law Society of Ontario (LSO) regulations, including documentation for all trust-related transactions.
• Prepare and submit the LSO Annual Report for all lawyers and handle LawPro Professional Liability Insurance matters.
• Manage disbursements, billings, and the calculation of transaction levies.
• Conduct monthly and annual reconciliations, including adjusting entries and accurate maintenance of financial records.
• Train staff on the use of PCLaw to ensure operational efficiency and compliance.
• Prepare daily cash flow reports, allocate expenses to appropriate accounts, and review bank accounts online daily.
• Oversee payroll operations, including setting up new hires in ADP, payroll reconciliation, and the preparation of T4s and year-end filings such as EHT.
• Administer the firm’s benefits program, calculate bonuses and compensation for lawyers, and maintain the Equitrac system.
• Maintain the fixed assets register and determine capital asset classification for purchases.
• Manage HST filings and payments for the partnership and associated management companies.
• Liaise with the firm’s bank and CPA on financial matters.
• Prepare monthly invoices for management companies and post bank deposits.
• Open new files in PCLaw and handle other day-to-day accounting duties as required.

Qualifications

Tagged as : Accounting, Accounting Manager