Accounting Clerk

3 days ago

Richmond Hill, Canada Linds & Associates Full time

**Accounting Clerk - Legal**
**Richmond Hill, ON**

Our client, a well established law firm, seeks an Accounting Clerk to join its team. This is full time permanent role.

This role requires a strong understanding of accounting principles and excellent communication skills to interact with clients and internal teams effectively. Law firm experience is preferred.

**Duties and Responsibilities**:

- Prepare, issue, and follow up on client invoices for legal services rendered, ensuring all billable hours and expenses are accurately recorded.
- Record day to day financial transactions and general ledger entries into Quickbooks
- Prepare bank reconciliations and reports for review
- Assist with monthly and yearly closings and preparation of financial reports
- Assist in the preparation of documents for audits and tax filings
- Process incoming payments, including checks, electronic transfers, and credit card transactions, and ensure proper allocation to client accounts.
- Regularly reconcile accounts receivable ledgers to ensure accuracy and resolve discrepancies promptly.
- Maintain communication with clients regarding outstanding invoices, payment terms, and account status, and address any billing inquiries or issues.
- Monitor accounts receivable aging reports and follow up on overdue accounts to facilitate prompt collections.
- Maintain accurate records of all financial transactions and client interactions related to accounts receivable.
- Assist with the preparation of financial reports related to accounts receivable and provide insights on collections and outstanding balances.
- Ensure compliance with internal accounting policies and legal regulations regarding billing and collections.
- Provide support to accounting team where necessary

**Requirements**:

- Minimum of 3 years of experience in accounts receivable, preferably in a law firm or professional services environment.
- Proficient in MS Office
- Experience with legal practice management software (e.g., Clio) is a plus.
- Excellent written and verbal communication skills essential
- Strong attention to detail with the ability to identify and resolve discrepancies.
- Experience maintaining a professional level of employer/employee privacy

A generous salary and benefit package is offered

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