Senior Finance Manager

Senior Finance Manager

Salary: $200,000 - $225,000 per year

Location: Uniondale, New York

Minimum Degree: Bachelors degree in accounting, Finance, or related field required; CPA preferred

Relocation Assistance: Available

Our is a leading mid-sized law firm with offices around the Tri-state and Florida. They have an immediate full-time need for a Senior Finance Manager, working out of their central Nassau County office on Long Island. Reporting into the Chief Operating Officer, the right candidate will bring a strong accounting and financial reporting background, and possess strong law firm partnership accounting experience with exceptional leadership capabilities.

Essential Responsibilities:

Financial Management & Law Firm Partnership Accounting:

• Oversee all general accounting functions, including general ledger, financial reporting, month-end and year-end close, accounts payable, accounts receivable, trust accounting, fixed assets, bank reconciliations, payroll coordination, and cash management.
• Oversee accounting functions specific to law firm operations including, Client trust/IOLTA accounts, third-party e-legal billing systems, expense allocations, and work-in-progress (WIP) monitoring in coordination with Billing Department.
• Ensure compliance with all trust accounting regulations and ethical requirements.
• Prepare and review monthly, quarterly, and annual financial statements.
• Ensure timely and accurate financial reporting to firm leadership.
• Monitor financial performance and provide analysis, recommendations, and strategic insights.
• Coordinate annual audits and tax-related activities with external auditors and advisors.
• Work with Chief Operating Officer to develop and maintain internal controls and accounting policies to safeguard firm assets.
• Oversee monthly and quarterly fee participation calculations and distributions; address related attorney inquiries.
• Assist with budgeting and financial planning processes.
• Analyze billing realization, collections trends.

Benefit and Tax Administration:

• Oversee and coordinate benefit-related audits, including the annual audit of the 401(k) Savings & Profit Sharing Plan.
• Prepare and review annual filings and compliance documents, such as Form 5500s for the Welfare Benefit Plan, 401(k) Savings & Profit Sharing Plan, and VIP Plan.
• Complete and submit annual and quarterly tax filings, including 1099s, sales and use tax returns, Commercial Rent Tax returns, PTET estimated payments, and state-specific filings such as NJ Annual Report.
• Coordinate quarterly and annual tax estimate payments (e.g., NJ, UBT) and manage the preparation and distribution of K-1s to partners, addressing related inquiries.
• Maintain compliance with all benefit and tax-related deadlines, extensions, and regulatory requirements, partnering with external accountants and advisors as needed.
• Assist with benefit administration, including data collection for insurance renewals, annual surveys, and supporting documentation for benefit plan reimbursements and audits.

Collaboration with Billing & Collections:

• Collaborate with Billing, Accounting, and Collections to improve efficiency and revenue performance.
• Collaborate with collections personnel to monitor aged receivables and improve collection efforts.
• Support initiatives to streamline workflows, enhance reporting capabilities, and improve financial systems integration.

Leadership & Management:

• Supervise and mentor accounting staff and departmental personnel.
• Provide leadership, coaching, training, and performance management to team members.
• Foster a collaborative, professional, and service-oriented environment.
• Evaluate staffing needs and assist with recruiting and onboarding accounting personnel.

Systems & Process Improvement:

• Maintain and optimize accounting and financial management systems.
• Participate in financial software upgrades, implementations, and integrations.
• Develop reporting tools and dashboards for leadership use.

Qualifications:

Minimum of 7+ years of progressive accounting leadership experience, preferably within a law firm or professional services environment, with prior management/supervisory experience.

Strong knowledge of law firm partnership accounting principles and practices, Trust/IOLTA accounting, and e-legal billing processes.

Advanced knowledge of financial reporting, general ledger management, and Microsoft Excel.

Experience with legal accounting software such as Elite, Aderant, SurePoint, or similar systems preferred.

Demonstrated ability to collaborate with Billing, Accounting, and Collections teams, and to support executive leadership and partnership structures.

Why is This a Great Opportunity:

Great welcoming firm with fantastic benefits available day one of employment.

Target salary range is $200,000 to $225,000. Actual pay will be adjusted based on experience and other job-related factors permitted by law.

Central Nassau County Long Island Hybrid (3 days in office, 2 remote)

Salary Type: Annual Salary

Salary Min: $200,000

Salary Max: $225,000

Currency Type: USD

Nigel