The Law Society of NSW is Australia's largest and most influential membership association for solicitors. We're not all lawyers, but we work together to support the legal profession and ensure a just society for all.
About the role
Reporting to the Financial Controller, the Financial Accountant will play a key role in managing the financial affairs of the Law Society and the various other entities it administers. A primary focus of this Financial Accountant role with be to support the Finance team in its day-to-day operations, provide commentary on variance analysis, perform bank reconciliations, month-end & year-end accounting and supporting the Financial Controller in the Society’s current other administered entities. This role will also focus on ensuring a successful migration of the Law Society’s accounting platform.
What you'll be doing
- Prepare month end close, including balance sheet reconciliations, bank reconciliations, and general journals for the Law Society.
- Provide insightful variance analysis on a monthly basis against budget.
- Assist with the preparation of monthly department management reports.
- Assist the Financial Controller to ensure the timely and accurate compilation of the Society’s annual statutory financial statements in accordance with relevant legislation, accounting standards and regulations.
- Assist in the preparation of annual financial statements of other entities administered by the Society, including but not limited to: Public Purpose Fund, Legal Practitioners Fidelity Fund, Pro Bono Disbursement Trust Fund, Indigenous Solicitors Fund and AIJA.
- Liaise with external auditors in collating requested information during the annual audits across all entities the Society administers.
- General Ledger maintenance to ensure revenue transactions are captured accurately.
- Liaise with banks and other relevant stakeholders as required.
- Ensure the Law Society remains PCI DSS compliant.
- Responsibility for maintaining the Finance Team’s policy and procedural documents.
- Ensure that accounting standards and the Society’s internal financial policies are adhered to.
- Respond to financial queries and providing information as required.
- Proactively pursue financial process improvements and system enhancement initiatives.
- Support ad-hoc projects and improvement initiatives.
- Actively support the Chief Financial Officer, Financial Controller, and other stakeholders within the business with relevant financial information when required.
- Bachelor’s degree in business, commerce or a related field.
- Professional accounting qualification (CA or CPA) or in progress is preferred.
- Minimum of 3 to 5 years accounting experience.
- Experience in a chartered or professional/financial services firm would be advantageous.
- Strong computer software skills, including advanced knowledge and use of Excel.
- Experience in using Oracle JD Edwards and Microsoft Business Central system or similar is preferred, but not necessary.
- System maintenance and enhancement skills utilising a major or mid-tier accounting application, including for reporting and analysis purposes.
- Advanced problem solving and analytical skills, including the ability to identify issues and suggest solutions.
- Excellent written and verbal communication skills.
- Technically adept with a strong attention to detail and data accuracy.
- Process and deadline driven, with sound priority management skills.
- Ability to demonstrate problem solving skills.
- A strong service mindset, with a focus on working with and assisting internal stakeholders.
- Strong commercial and business acumen.
- Ability to communicate with various levels of the business, with solid interpersonal skills.
- A desire to continually improve and grow within the organisation.
The Law Society of New South Wales is committed to building and maintaining a respectful and inclusive workplace, appointing the best person for the role and supporting diversity.
Applications should contain a CV and cover letter that outlines your key experience and motivations for this role.