Role: Controller (Legal)
Duration: Permanent
Location: Downtown Toronto , ON
Salary: $100,000-$130,000
Your New Role
As a controller at our client's boutique law firm, you will report to the Managing Partner and Senior Partner on all financial matters, including accounting, financial operations, cash flow, budgeting, and financial planning. You will utilize the firm's accounting program, PCLaw, to prepare weekly and monthly reports, including month and year-end reports. Additionally, you will train staff on PCLaw, manage disbursements, billings, Accounts Payable, and Accounts Receivable, and complete the LSO Annual Report for all lawyers.
Your responsibilities will also include managing LawPro Professional Liability Insurance matters and transaction levies, reconciling all Trust and general accounts to ensure compliance with LSO rules, handling all entries, adjusting entries, and reconciliations on a monthly and annual basis, and maintaining all benefits programs. You will calculate bonuses and compensation for lawyers, maintain Equitrac, review all bank accounts online daily, prepare and post bank deposits, allocate expenses to appropriate accounts, and prepare daily cash flow reports for the managing partner.
Furthermore, you will 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, open new files in PCLaw, liaise with the firm's bank and CPA, and perform other day-to-day duties as required.
Requirements:
Compensation Package: The successful candidate will receive a market-competitive compensation package, including: