Job Overview
Bluestar Professional Services Inc. is a family investment office that invests in small to medium sized Canadian businesses, taking controlling interests to maximize the value of their investments for all stakeholders, including employees, clients and investors.
We are looking for a knowledgeable and experienced Legal Accounting Manager to join the Finance team. The successful candidate must be an enthusiastic self-starter and strong team player who takes initiative. The ideal candidate must be able to interact with colleagues, clients and third-party suppliers in a professional, and collaborative manner.
The successful candidate will be responsible for assisting the Director of Finance with the management of the overall financial operations of our legal practices. They will work with the Director of Finance to:
- Lead and manage the accounting team, providing guidance, mentorship, and performance evaluations.
- Direct and manage the firm's accounting functions, establishing and maintaining accounting principles, practices, and procedures.
- Maintain the company's accounting systems and implement changes as required.
What you will do:
- Oversee day-to-day accounting operations, including accounts payable, accounts receivable, billings, journal entries, and payroll processing.
- Reconcile trust, general and credit card accounts on a regular basis.
- Maintain a list of upcoming deadlines requiring accounting duties.
- Assist in the Month-End and Year-End processes.
- Ensure compliance with legal and regulatory requirements for trust accounting.
- Collaborate with attorneys and other staff to address financial inquiries and issues.
- Utilize firm Practice Management and other accounting software to manage financial transactions and reports.
- Supervise a shared services team responsible for transactional accounting across multiple law firms.
- Provide advice and guidance on all accounting matters including financial systems, record keeping, analysis, and reporting.
- Assist in setting the priorities within accounting group.
- Manage banking relationships, including transactions, wire transfers, and account administration.
- Maintain strong relationships with external service providers, including financial institutions and consultants.
- Identify and mitigate financial and operational risks in collaboration with senior leadership.
- Implement and maintain internal controls to safeguard company assets and ensure data integrity.
- Foster a high-performing team environment through effective leadership, training, and development.
- Promote a culture of continuous improvement by encouraging knowledge sharing and process documentation.
- Contribute to a positive and productive workplace by ensuring the team has the tools, systems, and support needed to succeed.
- Other related duties and required or assigned.
What you bring:
- Strong interpersonal and communication skills.
- Organization and time management skills.
- Financial acumen and problem-solving skills.
- Computer literacy and knowledge of relevant practice management and administrative software (Clio, Cosmolex, Unity).
- Ability to adapt to and learn new software.
- Experience in managing and directing a team.
- Good leadership, motivation, training and goal-setting skills.
- Ability to work independently but appreciates the benefits of being part of a team
Requirements:
- A minimum of 3 years’ progressive experience in finance and/or accounting leadership roles.
- Post-secondary education in accounting, finance, or a related business discipline; CPA, CA, or equivalent designation strongly preferred.
- Prior experience with Accounting for Law Firms is an asset.
- Demonstrated expertise in Excel, including advanced functions such as pivot tables, lookups, and complex formulas.
- Financial analysis, budgeting and some strategic planning experience.
- Good problem-solving skills and the ability to make the necessary decisions to move forward the work at hand.
- Strong commitment to maintaining LSO regulations and operational standards
- Travel within the GTA is required.
What we can offer you:
- A strong reputation among competition, peers, and clients for being respectful and conscientious with practicing law and business operations
- A competitive compensation packages based on experience with vacation and benefits
- Flexible start and finish times with the possibility to periodically work from home after the probationary period
Only candidates selected for an interview will be contacted.
Bluestar Professional Services Inc. is an equal opportunity employer. We encourage all qualified candidates to apply.
Bluestar Professional Services Inc. adopts an inclusive and accessible environment, and we are committed to providing support to applicants and firm members with disabilities. If you require accommodation at any time during the recruitment, selection, and assessment process, please let us know.
Job Type: Full-time
Pay: From $70,000.00 per year
Benefits:
- Company events
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Vision care
Ability to commute/relocate:
- Mississauga, ON L4Z 1S1: reliably commute or plan to relocate before starting work (preferred)
Education:
- Bachelor's Degree (preferred)
Experience:
- finance and accounting: 3 years (preferred)
Willingness to travel:
- 25% (preferred)
Work Location: Hybrid remote in Mississauga, ON L4Z 1S1