
Assistant Controller
CMBG3 Law
full-time
Posted on:
Location Type: Hybrid
Location: Boston • Massachusetts • United States
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Salary
💰 $125,000 - $145,000 per year
About the role
- The Assistant Controller supports the oversight of the firm’s accounting and financial operations and plays a key leadership role in managing the day-to-day activities of the accounting department.
- This position combines technical accounting expertise with hands-on operational management and staff supervision.
- The Assistant Controller ensures compliance with GAAP and Massachusetts-specific ethical and trust accounting requirements while maintaining accurate financial reporting and supporting firm leadership in a litigation-driven defense practice.
- Assist in overseeing all accounting functions, including general ledger, accounts payable, accounts receivable, payroll, billing support, and month-end and year-end close.
- Prepare and review monthly financial statements, reconciliations, supporting schedules, and variance analyses.
- Ensure compliance with GAAP and the Massachusetts Rules of Professional Conduct, including all requirements related to client trust accounts and IOLTA management.
- Oversee trust account activity, including proper segregation of client funds and three-way reconciliations in accordance with Massachusetts requirements.
- Support cash flow management, operating accounts, and partner distributions.
- Assist with annual budgeting, forecasting, and financial planning processes.
- Coordinate with external auditors, tax advisors, and banking partners as directed by firm leadership.
- Develop, implement, and maintain accounting policies, procedures, and internal controls to promote efficiency and mitigate risk.
- Supervise accounting staff, including billing, accounts payable, accounts receivable, and payroll personnel.
- Review staff work for accuracy and compliance, manage workload distribution, and ensure deadlines are met.
- Provide training, mentoring, and performance feedback to team members.
- Identify and implement process improvements to enhance operational effectiveness and reporting accuracy.
- Collaborate with attorneys and administrative staff to address billing, collections, and financial inquiries.
- Maintain documentation standards and ensure cross-training within the accounting department to promote continuity of operations.
- Other responsibilities requested by Management.
Requirements
- Bachelor’s degree in accounting required, master’s degree preferred.
- Active CPA license in good standing in the Commonwealth of Massachusetts.
- Minimum of 5+ years of progressive accounting experience within a law firm or professional services environment, with law firm experience required.
- Prior supervisory or team leadership experience required.
- Strong knowledge of law firm accounting practices, including trust accounting and litigation billing structures.
- Familiarity with Massachusetts IOLTA compliance requirements strongly preferred.
- Proficiency in legal accounting and billing systems, with advanced Microsoft Excel skills.
- Demonstrated ability to manage multiple priorities in a deadline-driven environment.
- Exceptional attention to detail, strong analytical abilities, and sound judgment.
- High level of professionalism, discretion, and integrity in handling confidential financial and client information.
- Strong interpersonal and communication skills with the ability to work effectively with attorneys and senior leadership.
Benefits
- comprehensive health, vision, and dental insurance
- life and disability insurance
- 401(k) retirement savings
- paid time off and holidays
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
GAAPtrust accountingfinancial reportingbudgetingforecastingfinancial planningreconciliationsvariance analyseslegal accountingbilling
Soft Skills
leadershipattention to detailanalytical abilitiesjudgmentprofessionalismdiscretionintegrityinterpersonal skillscommunication skillsteam leadership
Certifications
Bachelor’s degree in accountingCPA license