Position Summary:
We are seeking a highly skilled and experienced Senior Accountant to work remotely for our Brisbane, Australia-based client. The ideal candidate will have a strong background in accounting, excellent attention to detail, and the ability to work independently while managing multiple responsibilities.
Job Details:
- Work from Home
- Monday to Friday | 6:30 AM to 3:30 PM PH Time | 8:30 AM to 5:30 PM Brisbane Time
Responsibilities:
Legal Trust Accounting
- Manage and maintain the firm's trust (escrow) account
- Enter transactions in and out of the trust account
- Provide receipts and statements to clients
- Ensure proper disbursement of funds from the trust account
- Comply with Queensland legal trust accounting regulations
General Bookkeeping
- Enter and reconcile invoices in Xero accounting software
- Maintain up-to-date profit and loss statements
- Ensure balance sheet reconciliation
- Verify and approve entries in Xero
Payroll Management
- Oversee payroll processing through Xero
- Liaise with the support team to ensure accurate leave (sick leave, annual leave) entries
Invoice Processing and Payment
- Review and verify invoices for authenticity
- Upload payments to the banking system
- Prepare payment proposals for director/CEO approval
Invoice Generation
- Generate and issue invoices to clients for legal services performed and expenses
Client and Staff Communication
- Address billing inquiries from clients and staff
- Collaborate with lawyers on service-specific billing issues
- Generate reports to alert lawyers when work-in-progress (unbilled services performed) and/or debtor balances are exceeding monies in trust, and also when estimates are close to exceeding (or are exceeding) estimates for billings
Financial Performance Monitoring
- Track and report on staff financial performance to the director/CEO
- Identify underperforming lawyers based on revenue generation
- Perform random checks to identify if lawyers are failing to record time on invoices
Cash Flow Management
- Monitor and manage the firm's cash flow
BAS (Business Activity Statement) Preparation
- Prepare and submit BAS reports for GST (equivalent to VAT or sales tax in other countries)
Additional Accounting Duties
- Perform other tasks typically associated with a company accountant role
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field
- Minimum of 5 years of experience in accounting, preferably in a law firm or professional services environment
- Strong knowledge of accounting principles and practices
- Proficiency in Xero accounting software
- Excellent English language skills (written and verbal)
- Strong analytical and problem-solving abilities
- Attention to detail and high level of accuracy
- Ability to work independently and manage time effectively
- Familiarity with Australian accounting standards and practices (preferred)