Job title: Financial Controller

Company: Meridia Recruitment Solutions

Job description: Financial Controller

Vaughan, Ontario

AC-17404

Our client, a Commercial Real Estate Law Firm in Vaughan, is looking for a Financial Controller to join their team. The Financial Controller is a highly visible role within the Firm, working internally with Firm’s management, the Finance group and partners. Additionally, the Financial Manager interacts externally with various finance stakeholders. Under supervision of the Managing Partners, the Financial Controller will be responsible for overseeing the activities of accounting resources for the Vaughan office.

The Financial Controller will work primarily on the following for both the law firm and its management company:

• Manage and ensure delivery of the office’s financial goals and requirements related to financial reporting, taxation, budgeting, payroll, accounts payable, billings, benefits, collections.
• Achieve full compliance of internal financial policies and procedures set by the Firm and external reporting and payment submission requirements set by the Canada Revenue Agency.

KEY RESPONSIBILITIES

Financial Reporting:

• Prepare month-end and year-end financial closings.
• Prepare legal headcount, annual expense budget and detailed forecast on a general ledger account level for the office.
• Prepare monthly draw and distribution cheques to the Partners

Trust Accounting

• Complete bank reconciliation on a timely basis.
• Assist in the disbursement of trust funds to clients expeditiously.
• Assist in the delivery of monthly trust reports to clients.

Billings and Collections:

• Oversee and manage billing and collection activities.

Accounts Payable:

• Manage and review daily activities relating to accounts payable to ensure all vendors are paid in a timely manner.

Taxation and Related Reporting:

• Manage and remit monthly and annual taxation requirements.
• Liaise with external accountants on corporate income tax return and non-resident partner’s personal income tax returns.
• Liaise with government auditor on tax return audit upon notifications.

Payroll:

• Prepare and process weekly payroll (Ceridian).
• Reconcile payroll records to CRA.
• Maintain awareness of payroll pronouncements and regulations.
• Review accuracy of T-4’s
• Preparation of annual EHT returns

Benefits Administration:

• Administer monthly group health insurance coverage and premium remittances.
• Manage annual renewal and negotiate premium rates with health insurance broker.

Office Financial Management & Administrative Support:

• Manage operating cash flows
• Maintain records for all finance related matters.
• Prepare monthly bank reconciliations for firm’s operating accounts.
• Migrate and implement from the current accounting software to Elite 3E.
• Oversee and approve all ordering of supplies
• Oversee the maintenance of the office premises and equipment
• Management and negotiation of all leases
• Liaise with all financial institutions to resolve transactional issues
• Filings to LawPRO
• Maintain records of Continuing Professional Development for all lawyers
• Coach and develop administrative staff on various finance activities.

REQUIRED SKILLS

• Bachelor’s degree in accounting or finance and CPA designation is preferred.
• 8 – 10 years of relevant working experience preferably at a law firm or professional services environment.
• Strong written and verbal communications skills.
• Ability to work collaboratively and developing relationships across organizational levels and departments
• Strong technical skills including proficiency in Microsoft Office product suite and Access
• Knowledge of Elite 3E database a plus.
• Strong analytical mindset, with the ability to identify and analyze multi-faceted problems and recommend solutions in a highly dynamic and fast-paced environment.
• Superior organizational skills and flexibility for constant changes.
• Ability to analyze financial data and prepare comprehensive reports.
• Ability to handle confidential and sensitive issues.

To express interest in this opportunity, please click on the “Apply Now” button below.

For more information, please contact Adam Creaghan, Partner at acreaghan@kbrs.ca or 647-336-1416 or Muna Dhere, Recruitment Specialist at mdhere@kbrs.ca or 647-480-1718 If you require accommodation to participate in the recruitment process, please let Muna Dhere know.

Meridia Recruitment Solutions connects leading organizations with top talent by building strong relationships and creating ideal matches with candidates because we are only successful when you are. We appreciate your interest in this opportunity.

To learn more about Meridia Recruitment Solutions, our job opportunities, and career advice, we invite you to explore our site and subscribe for career alerts.

Expected salary:

Location: Ontario

Job date: Thu, 27 Jul 2023 03:05:14 GMT