Trust Accountant

Who We Are At Benesch we pride ourselves on exceeding expectations and building trust not only with our clients but with our employees - Benesch's #1 asset. Committed to providing not only the highest level of legal service to our clients, Benesch also aspires to create a positive work environment for our employees. Our Firm continues to earn placement on Chicago and Cleveland's Top Workplaces list, along with Cleveland's NorthCoast 99 Top Workplaces rankings. We also continue to advance on the AmLaw 125 list, placing us among the top 125 law firms in the country. Benesch is proud to be recognized for being a Firm that attracts and retains top talent - making Benesch a great place to work. We offer a hybrid schedule, career development and growth, transparent and visible leadership teams, and a place where diversity, equity and inclusion is celebrated. In addition, the Firm offers a full array of benefits which can be viewed at www.mybeneschbenefits.com . Working with Us - Come and "Be Benesch!" We are one of the fastest growing firms in the nation, and have offices in Chicago, Columbus, San Francisco, New York City, and Wilmington. We continue to expand our geographic footprint and value the talent that comprises each of our locations. If you are someone who champions a First in Service approach and are ready to be part of an exciting and growing Firm, we would invite you to apply to join our team. Want to know more? To hear from some of our team, click here: https://www.beneschlaw.com/careers/index.html Benesch is proud to announce the opening for a Trust Accountant in our Cleveland office! This position is hybrid and has work from home flexibility. Position Summary : Do you have 5+ years of trust accounting experience? Do you have a solid working knowledge of IOLTA regulations and state bar trust accounting rules? Are you seeking a challenging position that is looking to tap into your expertise and focus your knowledge in the area of IOLTA accounting? Then our Trust Accountant position may be the role for you. This position is perfect for the experienced fiduciary professional who is looking for an opportunity to work within the defined area of trust accounting. Join Benesch and play a pivotal role in shaping the financial success of our organization. The Trust Accountant is responsible for the integrity, compliance, and daily operations of our client trust accounts. This role plays a critical part in maintaining the integrity of client trust balances, ensuring proper segregation of funds, and supporting month‑end reconciliation activities. This role works closely with firm leadership and attorneys and carries significant responsibility for maintaining the firm's compliance with state bar trust accounting requirements. Essential Functions : 1. Oversee all trust account activities including deposits, disbursements, wire transfers, and check processing in compliance with firm policies and applicable trust accounting regulations 2. Perform daily, weekly, and monthly trust account reconciliations, including identification and resolution of discrepancies 3. Monitor client trust balances to ensure funds are properly maintained and that accounts are not overdrawn 4. Ensure full compliance with IOLTA rules and applicable state bar regulations governing client funds 5. Serve as the firm's primary point of contact for trust accounting matters with attorneys, clients, vendors, and banking partners 6. Manage trust account audits and coordinate responses to any state bar compliance reviews or inquiries. 7. Develop and maintain written trust accounting policies and procedures 8. Evaluate and recommend improvements to trust accounting workflows, controls, and systems 9. Prepare and distribute trust account reports to attorneys and clients as requested 10. Respond to inquiries from attorneys, clients, and vendors regarding trust transactions 11. Maintain organized and audit-ready records of all trust activity 12. Assist with onboarding new client matters that require trust account setup 13. Perform other duties and projects assigned Qualifications : The Trust Accountant must have a bachelor's degree in accounting, finance or related field. Five to seven years of accounting experience in a legal or fiduciary environment. Working knowledge of IOLTA regulations and state bar trust accounting rules is highly preferred. Must be proficient in Microsoft Office, especially Excel and Outlook. Strong analytical and problem-solving skills with exceptional attention to detail. Demonstrated ability to manage competing priorities and meet deadlines in a fast-paced environment. High level of discretion and integrity in handling confidential client funds and information. Strong written and verbal communication skills, with the ability to work effectively with attorneys and firm leadership. Aderant experience is a plus. The salary range for this position is $84K to $102.5K. Please note that quoted salary ranges are based on Benesch's good faith belief at the time of the job posting and are not a guarantee of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, and experience. Base pay is only one part of the Total Rewards that Benesch provides to compensate and recognize our staff professionals for their work. Full-time positions are eligible for a discretionary bonus and a comprehensive benefits package. Benesch is an equal opportunity employer. We strongly value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability (where applicant is qualified to perform the essential functions of the job with or without reasonable accommodations), medical condition, protected veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law. Applicants who are interested in applying for a position and require special assistance or an accommodation during the process due to a disability should contact the Benesch Human Resources Department by phone at 216-363-4578 or email at [email protected]. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities