Director of Finance – Full-Time, In-Office – Downtown Toronto
A well-established, multi-service law firm located in the heart of downtown Toronto is seeking a Director of Finance to join its leadership team. With over 120 legal professionals and more than seven decades of success, this firm is known for delivering results and building long-lasting client relationships.
The firm offers a positive and inclusive work environment that values its team members. The position comes with a competitive salary (commensurate with experience), paid vacation, and a comprehensive benefits package including health and dental coverage, as well as access to an Employee Assistance Program. Ongoing training and professional development opportunities are also available.
Position Overview:
The Director of Finance will oversee all financial operations across the Accounting, Billing, and Collections teams. Reporting directly to the COO, this individual will play a key role in financial reporting, budgeting, tax compliance, and team leadership. The role demands a strong understanding of law firm financial structures, including partnership accounting and tax filings.
Key Responsibilities:
Oversee the day-to-day functions of the Finance department, including general ledger, cash flow, tax filings (HST/GST/VAT), and partner capital/draws.
Prepare and analyze monthly and year-end financial statements.
Lead the annual budget process, year-end audit, and all tax filings (Partnership Information Returns, Corporate Tax Returns).
Provide strategic insights and financial guidance to the COO and senior leadership.
Ensure compliance with GAAP and stay current with changes in accounting and tax legislation.
Develop and implement accounting policies and operational procedures.
Lead, mentor, and evaluate the Finance team to promote growth and efficiency.
Maintain and improve financial systems through regular review and stakeholder feedback.
Support Law Society filings and other regulatory requirements.
Handle ad hoc financial duties and projects as needed.
Qualifications:
CPA or equivalent professional accounting designation.
Minimum 10 years in a senior finance leadership role, with proven experience managing a high-performing finance team.
Law firm experience is required.
In-depth knowledge of partnership accounting, partnership agreements, and tax matters relevant to legal practices.
Strong problem-solving and analytical skills.
Excellent interpersonal and communication abilities.
Advanced proficiency in Microsoft Excel.
This role is fully in-office and based in downtown Toronto.