Financial Controller

Position: Financial Controller
Location: Toronto – Hybrid work week
Salary: $160,000 – 170,000
Industry: Professional Services (Legal)

Company Overview
Our client is a successful Toronto based Family Law firm.

Role Overview
The Financial Controller is responsible for the financial wellbeing of the Firm with a key emphasis on managing dockets, billings, collections, and expenses management. This role has direct accountability for ensuring accurate financial reporting and managing cash flow projections. Along with the support of 2 direct reports, responsibilities would include but not be limited to:

Responsibilities:

• Provide accurate financial reports, including cash flow reports and monthly projections
• Perform daily and monthly bank reconciliations for trust and general accounts, and monthly credit card reconciliations
• Manage tax compliance, including corporate tax installments, Professional Corporation income taxes, HST and EHT returns
• Oversee financial transactions, including trust, outgoing wire, and electronic fund transfers ensuring compliance
• Implement and monitor financial strategies as assigned
• Monitor accounts receivables, review receivable reports with lawyers and update status
• Oversee and support billing and write-off procedures and policies
• Process payroll for the firm and ensure compliance with salary remittances for Professional Corporations
• Oversee corporate and employee compensation-related tax filings and payments
• Calculate and process Partner Compensation
• Oversee the firms overall billing to receivable process

Qualifications:

• CPA designation or equivalent experience within a professional services environment with a proven track record
• 12+ years in progressive finance or accounting roles, with at least 5 years as a manager
• Experience within the legal industry strongly preferred
• Proficiency in accounting principles and practices, ensuring compliance with legal and regulatory standards (LSO)
• Ability to manage multiple and at times conflicting priorities and deadlines
• Strong collaboration skills and the ability to work well with partners and management

Why apply?

This is an incredible opportunity to join a successful practice in a leadership role. Work with like minded individuals creating a dynamic, fast paced, fun environment and be rewarded with a great compensation package and excellent environment!

JOB ID: # 16816848

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