Accounts Executive

Key Responsibilities:

1. Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements and reports.
  
• Assist in the preparation of budgets and financial forecasts.
  
• Ensure timely and accurate closing of accounts, including reconciliation of general ledger accounts.
  

2. Accounts Payable/Receivable:

• Manage accounts payable, including verifying invoices, preparing payment vouchers, and processing payments.
  
• Handle accounts receivable, including invoicing clients, tracking payments, and following up on outstanding receivables.
  
• Perform bank reconciliations and maintain accurate records of financial transactions.
  

3. Billing and Collections:

• Generate and review client invoices in accordance with the firm's billing guidelines.
  
• Monitor and manage the collections process, including sending reminders and coordinating with clients for payment.
  
• Address billing discrepancies and resolve any issues related to client accounts.
  

4. Compliance and Regulatory Requirements:

• Ensure compliance with financial regulations and standards, including GST and other statutory requirements.
  
• Prepare and submit necessary regulatory filings and reports.
  
• Assist with internal and external audits, providing necessary documentation and support.
  

5. Financial Analysis and Reporting:

• Conduct financial analysis and provide insights to support decision-making.
  
• Prepare various financial reports and analysis as required by management.
  
• Assist in cost control and efficiency improvement initiatives.
  

6. Support for Legal Practice:

• Collaborate with legal teams to provide financial support and advice on client matters.
  
• Assist in the management of client trust accounts, ensuring compliance with legal and regulatory requirements.
  
• Provide financial information and reports to support case management and client engagements.
  
• Perform any other ad-hoc tasks as assigned by the management.
  

Qualifications and Skills:

• Diploma/Degree in Accounting, Finance, or related field.
  
• Professional certifications (e.G., ACCA, CPA) are advantageous.
  
• Minimum 2-3 years of relevant experience in accounting or finance, preferably in a law firm or professional services environment.
  
• Familiarity with legal billing and trust account management is a plus.
  
• Proficient in accounting software (Quickbook, Xero, Wave) and MS Office applications.
  
• Excellent analytical and problem-solving skills.
  
• Strong attention to detail and accuracy.
  
• Good communication and interpersonal skills.