Legal Staff Accounting/Finance in Los Angeles, CA

Law Firm

Los Angeles, CA

Legal Staff Accounting/Finance in Los Angeles, CA

Legal Staff

Min 5 yrs required

No

Job Title: Manager, Legal Finance Operations – Trust

Job Responsibilities:

1. Trust Fund Management:
- Oversee the administration of all trust accounts, ensuring all transactions are properly executed, documented, and compliant with fiduciary laws and internal policies.
- Supervise and provide feedback to the Trust Accountant.
- Ensure all trust accounts adhere to relevant regulations, including legal standards governing fiduciary responsibility.
- Stay current with changes in trust accounting laws and regulations to ensure ongoing compliance.
- Continuously review and improve trust accounting processes to enhance operational efficiency.

2. Inventory Management:
- Utilize critical analysis to manage work-in-progress (WIP), accounts receivable (A/R), trust, and on-account inventories.
- Ensure on-account balances comply with all applicable jurisdictional rules and regulations.
- Collaborate with and provide direction to Billing and Collections teams to take appropriate actions against inventory amounts.

3. Cash Application Management:
- Oversee the cash application process, ensuring that incoming payments are accurately applied to client accounts, trust funds, and invoices in a timely manner.
- Supervise and provide feedback to the Accounts Receivable Analyst.
- Implement best practices for cash application processes, leveraging automation and technology to improve efficiency.

Education and Experience Information:

- Proven experience in trust accounting, with at least 5 years in legal project management, billing, and/or accounting function.
- Bachelor’s degree required in Business, Economics, Finance, Accounting, or related field.
- Advanced education or degree is a plus.
- Experience working with legal billing software, particularly in Aderant or Elite (3E), preferred.
- Intermediate or advanced experience with Microsoft Office Suite.

Qualifications:

- Exceptional organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
- Excellent interpersonal skills and ability to communicate effectively and collaborate across all levels of lawyers and staff.
- Strong ownership and accountability.
- Ability to identify and solve problems, take initiative, and work independently under pressure.
- Excellent oral and written communication skills.

Salary Information:

- The annual compensation range for this position is $160-200k. The salary offered within this range will depend upon qualifications and other operational considerations.

Benefits:

- Health care
- Retirement benefits
- Paid days off, including sick time and vacation time
- Parental leave
- Basic life insurance
- Flexible Spending Accounts
- Discretionary, performance-based bonuses