Legal Finance Operations Manager (Trust) for global professional services

Legal Finance Operations Manager (Trust)

A Prominent Global law firm based is searching for a new Legal Finance Operations Manager in its Los Angeles or Century City location. The Legal Finance Operations Manager will assist with overseeing and managing operational aspects of the legal finance department, focusing on trusts, inventory management and cash application functions. Candidates must have a background in Legal Operations and Finance with an emphasis on managing trust funds and optimizing workflows within the legal department.

Responsibilities include:

Trust Fund Management:

• Oversee the administration of all trust accounts. Ensure that all transactions are properly executed, documented, and compliant with fiduciary laws and internal policies.
• Provide supervision, conduct check-ins, and provide feedback to the Trust Accountant.
• Ensure all trust accounts adhere to relevant regulations, including any legal standards that govern fiduciary responsibility.
• Collaborate with and provide direction to Billing and Collections teams to take appropriate actions against inventory amounts.

Cash Application Management:

• Oversee the cash application process, ensuring that incoming payments are accurately applied to client accounts, trust funds, and invoices in a timely manner.
• Provide supervision, conduct check-ins, and provide feedback to the Accounts Receivable Analyst.

Qualifications:

• Exceptional organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
• Excellent interpersonal skills and ability to communicate effectively and collaborate across all levels of lawyers and staff.
• Strong ownership and accountability.

 Experience:

• Proven experience in trust accounting, with at least 5 years in legal project management, billing, and/or accounting function.
• Bachelor’s degree required in Business, Economics, Finance, Accounting, or related field.
• Advanced education or degree, a plus.
• Experience working with legal billing software, particularly in Aderant or Elite (3E), preferred.
• Advanced experience with Microsoft Office Suite(Specifically Excel).