This Financial Controller opportunity with our client downtown Toronto will be responsible for overseeing all financial and accounting functions at the company. The ideal candidate will have no less than 10 years of progressive accounting experience within a professional services firm, demonstrating strong leadership, sound judgment, and an in-depth understanding of accounting practices. This role is integral to the Firm’s financial management, compliance, and operational success. • Liaise with the MP to support and execute the Firm’s operational and financial initiatives.• Manage the accounting department, including supervision and mentorship of accounting clerks.• Oversee all accounting functions, including:o Billing & Collectionso Trust Accountingo Accounts Receivable (A/R) and Accounts Payable (A/P)o Bank Reconciliations• Ensure compliance with Law Society of Ontario (LSO) and Canada Revenue Agency (CRA) regulations applicable to the Firm and its lawyers.• Assist with LawPro management, renewals, updates, and LSO annual filings.• Participate in management meetings with the Managing Partner and Partnership, as required.• Collaborate with the Firm’s external accountants for corporate tax filings and yearend reporting (T3, T4, T5013).• Support the transition to new accounting, billing, or practice management software, including system selection, implementation, training, and vendor coordination.• Work with the Managing Partner to formalize and enhance the Firm’s accounting policies, procedures, and reporting processes.• Promote compliance across the Firm by communicating accounting procedures and monitoring lawyer billing and collections.• Liaise with clients and vendors regarding invoicing, fee payments, and overdue accounts.• Prepare and manage Profit & Loss (P& L) and Balance Sheet statements.• Prepare monthly cash flow forecasts and detailed financial reports for the Managing Partner and Founding Partner, including cash positions for both general and trust accounts

*Minimum 5 years of accounting experience within a law firm (mandatory). • Professional accounting designation (CPA or equivalent) preferred. • Comprehensive knowledge of trust accounting and law firm financial operations. • Strong understanding of LSO and CRA compliance requirements. • Exceptional analytical, organizational, and leadership skills. • Excellent communication and interpersonal abilities. • Proficiency in MS Office, Outlook, and Adobe Acrobat required; experience with Ghost Practice will be considered an asset. • Proven ability to work collaboratively in a fast-paced, professional environment.

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Toronto, ON
onsite
Permanent
140000.00 - 160000.00 CAD / Yearly
This Financial Controller opportunity with our client downtown Toronto will be responsible for overseeing all financial and accounting functions at the company. The ideal candidate will have no less than 10 years of progressive accounting experience within a professional services firm, demonstrating strong leadership, sound judgment, and an in-depth understanding of accounting practices. This role is integral to the Firm’s financial management, compliance, and operational success. • Liaise with the MP to support and execute the Firm’s operational and financial initiatives.• Manage the accounting department, including supervision and mentorship of accounting clerks.• Oversee all accounting functions, including:o Billing & Collectionso Trust Accountingo Accounts Receivable (A/R) and Accounts Payable (A/P)o Bank Reconciliations• Ensure compliance with Law Society of Ontario (LSO) and Canada Revenue Agency (CRA) regulations applicable to the Firm and its lawyers.• Assist with LawPro management, renewals, updates, and LSO annual filings.• Participate in management meetings with the Managing Partner and Partnership, as required.• Collaborate with the Firm’s external accountants for corporate tax filings and yearend reporting (T3, T4, T5013).• Support the transition to new accounting, billing, or practice management software, including system selection, implementation, training, and vendor coordination.• Work with the Managing Partner to formalize and enhance the Firm’s accounting policies, procedures, and reporting processes.• Promote compliance across the Firm by communicating accounting procedures and monitoring lawyer billing and collections.• Liaise with clients and vendors regarding invoicing, fee payments, and overdue accounts.• Prepare and manage Profit & Loss (P& L) and Balance Sheet statements.• Prepare monthly cash flow forecasts and detailed financial reports for the Managing Partner and Founding Partner, including cash positions for both general and trust accounts
2025-10-08T18:29:14Z