29 Oct
|
Infinity Financial
|
Surry Hills
29 Oct
Infinity Financial
Surry Hills
## About the chance Infinity Financial is recruiting on behalf of one of our clients, a Sydney-based law firm, for a Senior Accountant to run their in-house finance function. Reporting to and working under the supervision of the CFO, you will own the firm's finance operations end to end – from bookkeeping and month-end through to billing, debtor management, partner reporting, budgeting and tax compliance. This is a full-time, office-based, sole-charge role suited to an experienced accountant who is proactive, organised and comfortable taking ownership while working closely with a supportive CFO. ## Responsibilities Financial reporting and record keeping
- Maintain the general ledger and accounting records in Xero, including bank reconciliations, accounts payable, accounts receivable and payroll.
- Maintain the firm's legal practice management system and ensure it reconciles to Xero, including client matters, disbursements and fee earner data.
- Run the month-end and year-end close, including accruals, prepayments, the fixed asset register and balance sheet reconciliations.
- Prepare accurate, timely monthly management reports and financial statements for the CFO, partners and external stakeholders.
- Maintain and improve accounting systems, controls and processes to streamline financial reporting. Billing, WIP and debtor management
- Run the firm's billing cycle from the practice management system, including preparing draft bills, coordinating partner and solicitor bill reviews, and issuing approved invoices.
- Manage work in progress, disbursements and write-offs.
- Chase outstanding debtors,
manage credit control and maintain an up-to-date debtors ageing report. Timesheets and partner reporting
- Maintain and monitor staff time recording, follow up missing or incomplete timesheets and report on billable hours and utilisation.
- Prepare and run partner and practice group reports, including fees billed, WIP, debtors, lock-up and fee earner performance. Trust accounting
- Maintain the firm's trust account records in line with the Legal Profession Uniform Law (NSW), including receipts, payments and monthly trust reconciliations, and support the annual external examination. Budgeting and forecasting
- Work with the CFO and partners to prepare and monitor the annual budget and fee targets.
- Prepare cash flow forecasts and financial analysis to support strategic decision-making. Cost management
- Monitor spend against budget and identify opportunities for cost savings and operational efficiency. Tax compliance
- Prepare and lodge BAS/IAS and other statutory obligations (GST, PAYG withholding, superannuation, payroll tax, FBT) accurately and on time.
- Coordinate with external tax advisors and auditors on income tax returns, year-end financials and audit requirements. Financial analysis
- Analyse financial performance and trends and provide insights that inform business planning and strategic initiatives. Collaboration
- Work closely with the CFO, partners, solicitors and administrative staff, financiers and external advisors to understand and address the firm's financial requirements.
- Take direction from the CFO and support ad hoc projects as required. ## Qualifications and attributes
- Bachelor's degree in accounting, finance or a related field. CPA or CA qualification is required.
- Minimum 3–4 years' experience as a Senior Accountant or in a similar role; experience in a law firm or professional services environment is highly regarded.
- Xero experience is essential, along with experience in a legal practice management system (such as LEAP, Actionstep, Smokeball, Affinity or similar).
- Working knowledge of legal trust accounting requirements is an advantage.
- Strong knowledge of accounting principles, Australian tax and regulatory requirements, and accounting systems.
- Strong analytical and problem-solving skills with a high level of attention to detail.
- Excellent communication and interpersonal skills, with the confidence to liaise with partners, staff and clients on billing and payment matters.
- Proactive, well organised and able to manage competing priorities independently.
- Eagerness to learn, grow and adapt within a dynamic firm.
- Applicants holding a valid Australian work visa are welcome to apply. ##
How to apply
Applications are being managed by Infinity Financial on behalf of our client. All enquiries and applications will be treated in strict confidence.
📌 Senior Accountant – In-House Finance (Surry Hills)
🏢 Infinity Financial
📍 Surry Hills