Bookkeeper (Trust Accounting)

About Teams Squared:

We are a team augmentation company dedicated to connecting exceptional remote talent with global organizations.

Job Description:

We are currently seeking a Bookkeeper with strong experience in law firm bookkeeping and legal trust accounting to support an Australian law firm. The ideal candidate will manage day-to-day billing, accounts payable and receivable, trust receipting and payments, reconciliations and WIP reporting with a high level of accuracy and a clear understanding of trust accounting compliance. Experience working with Australian law firms and Australian trust account regulations is highly desirable.

Responsibilities:

• Process trust account receipts, payments and transfers in line with trust accounting regulations
• Maintain accurate trust ledgers and client matter records and support strict regulatory compliance
• Perform regular bank reconciliations for both operating and trust accounts
• Generate and issue client invoices in accordance with firm billing procedures
• Receipt incoming payments and allocate them accurately against client matters
• Monitor outstanding debtor balances and follow up overdue accounts
• Enter supplier invoices, maintain accounts payable records and process payment runs in line with approval processes
• Assist with cash flow management and provide input into payment prioritisation
• Review credit card transactions and complete journal postings
• Prepare and maintain WIP income reports, including staff WIP reports for performance tracking
• Assist lawyers with WIP management and billing readiness
• Prepare and lodge BAS and FBT returns in compliance with ATO requirements
• Support month-end processes and financial reporting requirements

Qualifications:

• A degree in Accounting, Finance or Commerce, or an equivalent accounting certification (e.g. Cert IV/Diploma in Accounting or Bookkeeping, AAT)
• Progress towards a professional accounting qualification (e.g. CA, CPA, ACCA or CIMA) is advantageous
• Bookkeeping or finance administration experience within a law firm (mandatory)
• Hands-on experience with legal trust accounting, including trust receipting, payments and reconciliations (mandatory)
• Experience with Australian law firm trust accounts and trust accounting regulations is highly desirable
• Experience with client invoicing and WIP management in a professional services environment
• Working knowledge of Australian BAS, GST and FBT obligations is highly desirable
• Proficiency in Xero is highly desirable
• Experience with legal practice management software (e.g. LEAP, Smokeball or Actionstep) is advantageous
• High level of accuracy and attention to detail
• Strong organisational and time management skills
• Ability to work independently in a remote environment
• Strong written and verbal communication skills for liaising with principals and lawyers

Benefits

• 100% remote work.

• Competitive AUD remuneration package.

• Access to cutting-edge technology to enhance your performance.

• Regular training and professional development opportunities.

Join our dynamic team and contribute to the financial success of our Australian client organizations. If you're ready to take the next step in your career and leverage your expertise in legal trust accounting and law firm bookkeeping, apply now!

Only shortlisted candidates will be contacted for further evaluation.

Teams Squared is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.