Trust and Retainer Accountant

Hackensack, NJ - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Our client a top regional law firm is seeking a Trust & Retainer Accountant to oversee and manage all trust accounting operations in full compliance with legal ethical and regulatory standards. This position plays a vital role in maintaining the integrity of client trust accounts and ensuring accurate financial reporting for the firm.

Key Responsibilities:

Manage client trust accounts in accordance with state bar regulations and firm policies
Record and monitor all trust transactions including deposits disbursements wires and transfers
Prepare and distribute accurate trust balance reports for attorneys and clients
Perform and review monthly trust account reconciliations promptly resolving any discrepancies
Partner with attorneys and staff to ensure proper handling of client funds
Support audits and regulatory reviews related to trust accounting
Maintain compliance with IOLTA (Interest on Lawyer Trust Accounts) requirements
Generate financial and compliance reports for internal and external stakeholders
Assist with general accounting duties as needed

Qualifications:

Bachelors degree in Accounting Finance or a related field
Minimum 3 years of trust accounting experience preferably in a law firm environment
Proficiency with legal accounting software (Elite Aderant or similar)
Strong organizational analytical and communication skills
High attention to detail accuracy and the ability to learn quickly in a fast-paced environment

This is an excellent opportunity for a meticulous accounting professional to join a respected law firm and play a key role in safeguarding client trust funds and ensuring financial compliance.

Our client a top regional law firm is seeking a Trust & Retainer Accountant to oversee and manage all trust accounting operations in full compliance with legal ethical and regulatory standards. This position plays a vital role in maintaining the integrity of client trust accounts and ensuring accura...