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Accounting Associate

Description

Accounting Associate

OVERVIEW:  We are seeking a dedicated and detail-oriented Accounting Associate to join our team at a busy personal injury law firm. This role plays a critical function in supporting the financial operations of the firm, particularly in the accurate and timely processing of disbursements to clients. The ideal candidate is organized, efficient, and comfortable working in a high-volume, fast-paced environment. 

 

Key Responsibilities:

· Accounts Payable (A/P):

  • Process all vendor invoices and expense reports
  • Ensure proper coding and timely payments
  • Maintain accurate A/P records and documentation

· Account Reconciliations:

  • Reconcile bank accounts, trust ledgers, and firm operating accounts regularly
  • Investigate and resolve discrepancies in a timely manner

· Settlement Disbursements:

  • Issue and process final settlement disbursement checks to clients
  • Prepare and manage associated correspondence and documentation
  • Ensure accuracy and compliance with trust accounting rules

· Reporting & Support:

  • Assist the Accounting Manager and Disbursement Coordinator with audits, reporting, and special projects
  • Maintain up-to-date financial records for case closings


Requirements

Qualifications:

· Minimum 2 years of experience in an accounting or bookkeeping role (law firm experience is a plus)

· Proficiency in QuickBooks and Microsoft Excel is required

· Strong attention to detail and excellent organizational skills

· Ability to handle sensitive information with confidentiality and integrity

· Strong communication skills, both written and verbal

· Knowledge of legal trust accounting or interest in learning

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Accounting Associate, Parrish Devaughn PLLC

Are you ready to dive into the world of finance while making a real impact? Join our team at the personal injury law firm as an Accounting Associate in beautiful Oklahoma City, Oklahoma! In this fast-paced environment, your attention to detail and organizational skills will shine as you manage accounts payable, reconcile bank accounts, and handle settlement disbursements. You'll be the backbone of our financial operations, ensuring that all vendor invoices and expense reports are processed accurately and on time. With your proficiency in QuickBooks and Microsoft Excel, you'll maintain up-to-date financial records while collaborating with our Accounting Manager and Disbursement Coordinator on audits and special projects. This is not just a job; it's an opportunity to contribute meaningfully while growing your expertise in legal trust accounting. If you're a proactive, detail-oriented person who thrives in a high-volume setting, we want to hear from you!

Frequently Asked Questions (FAQs) for Accounting Associate Role at Parrish Devaughn PLLC
What are the key responsibilities of the Accounting Associate at the law firm?

As an Accounting Associate at our law firm, your primary responsibilities include processing vendor invoices and expense reports, maintaining accurate accounts payable records, reconciling bank and trust accounts, and handling settlement disbursements for clients. You'll also support the Accounting Manager with audits, reporting, and special projects.

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What qualifications do I need to apply for the Accounting Associate position?

To apply for the Accounting Associate role, you should have a minimum of 2 years of experience in accounting or bookkeeping. Proficiency in QuickBooks and Microsoft Excel is crucial, along with strong attention to detail, excellent organizational skills, and the ability to handle sensitive information confidentially.

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Is experience in a law firm necessary for the Accounting Associate position?

While law firm experience is definitely a plus, it is not mandatory. However, candidates should have a solid background in accounting and a willingness to learn about legal trust accounting and associated regulations.

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What software skills are required for the Accounting Associate at the law firm?

As an Accounting Associate, you will need to be proficient in QuickBooks for managing accounts and transactions, as well as Microsoft Excel for accounting tasks such as reconciliations and reporting. Strong software skills are essential to succeed in this role.

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What is the work environment like for an Accounting Associate at the law firm?

The work environment for an Accounting Associate at our law firm is dynamic and fast-paced, requiring a detail-oriented mindset and an ability to handle multiple tasks efficiently. You will collaborate closely with team members while ensuring that financial processes run smoothly.

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Common Interview Questions for Accounting Associate
Can you describe your experience with accounts payable and how it relates to the role of an Accounting Associate?

In responding to this question, focus on your hands-on experience with accounts payable tasks, including processing invoices, maintaining records, and ensuring timely payments. Highlight any specific software you used, such as QuickBooks, and discuss how these experiences make you a great fit for the Accounting Associate role.

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How do you ensure accuracy in your financial reporting?

When answering this, emphasize your attention to detail and the methods you use to double-check your work, such as cross-referencing documents, utilizing software tools, and maintaining organized records. Assure the interviewer that you take accountability for your reports.

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What steps do you take to reconcile accounts, and what challenges have you faced in this process?

Discuss your process for account reconciliation, including reviewing bank statements, trust ledgers, and identifying discrepancies. Provide examples of challenges you've faced, like timing differences, and explain how you resolved them.

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How do you handle sensitive financial information?

When asked about handling sensitive information, talk about your commitment to confidentiality and the protocols you've followed in previous roles. Offer specific examples of how you’ve kept data secure.

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Can you give an example of a time when you improved a financial process?

Be prepared to share a specific instance where you streamlined a financial process, such as automating invoice processing or enhancing reporting procedures. Discuss the impact this had on efficiency or accuracy.

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Why do you want to work as an Accounting Associate at our law firm?

Express your interest in the legal field and how your skills align with the values and culture of the firm. Mention specific aspects of the firm or the position that resonate with you, showcasing your genuine enthusiasm.

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What experience do you have with settlement disbursements?

Discuss any direct experience you have with issuing final settlement checks and the importance of accuracy in this process. If you lack direct experience, mention your willingness to learn and how you can adapt from related tasks.

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How do you manage your time when faced with multiple deadlines?

Illustrate your time management skills with strategies you use to prioritize tasks, such as creating to-do lists, setting deadlines for yourself, and communicating with team members to ensure productivity.

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What tools do you find helpful for accounting and bookkeeping tasks?

Mention the accounting software you’ve used, like QuickBooks, and any other tools that assist in your work, such as Excel functions for financial analysis or project management tools for task tracking, emphasizing your tech-savviness.

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What motivates you to deliver accurate financial results?

Express your professional integrity and the personal satisfaction you gain from delivering accurate results. Discuss how impactful financial roles are to a company's success, linking this motivation back to the Accounting Associate position.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 16, 2025

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