Trust Accountant

Who We Are:
Fredrikson is the premier Midwest-based law firm working collaboratively to help businesses achieve their goals regionally, nationally, and globally.

Overview:
We are seeking a Trust Accountant to support our Finance Department. This role is crucial in assisting with the bookkeeping operation of pooled trust accounts. The ideal candidate will provide timely and courteous service to business partners and help the department adapt to the firm’s deliverables and agenda.

Key Responsibilities Include:

• Organize, track, and respond to trust accounting inbox communications while building and maintaining professional relationships with attorneys and their staff.
• Perform bookkeeping functions for trust account activity, including monthly reconciliations for supervisory and compliance review.
• Organize, record, and issue closing settlements, and assist with monitoring bank accounts for recording needs on trust deposits.
• Aggregate W-9’s for vendor set up workflow and evaluate 1099 tax implications on general disbursements.
• Monitor and follow up on outstanding checks flagged in bank reconciliations and assist in filing unclaimed property.
• Print checks, acquire attorney signatures, and retain signed check scans for record-keeping requirements.
• Initiate banking wires and retain wire confirmations for record-keeping.
• Prepare letters to notify clients when trust money is used for earned fee invoices.
• Coordinate with billing staff on client ledger balances and review and monitor internal controls in trust processes.

Our Ideal Candidates Will Have:

• 4-year degree, preferably related to accounting or finance.
• Experience with reconciliation and internal controls.
• Ability to work effectively under the pressure of deadlines.
• Strong organizational and communication skills.
• Ability to work effectively in a hybrid work environment.

Benefits
Our comprehensive benefits options include medical, dental, vision, basic and supplemental life insurance, short- and long-term disability, employee resource benefits (inclusive of counseling, coaching, and caregiving guidance), paid parental leave, parenting classes, pre-tax parking and transportation options, and much more! Our retirement plan includes financial planning, Social Security/Medicare planning, 401k/Roth investment options, and a firm-paid profit-sharing contribution. Benefits are subject to eligibility requirements and other terms and conditions.

The salary range for this position is between $60,000 and $80,000. Compensation offered will depend on the candidate’s experience, skills, education, professional background, overall qualifications, and geographic market location.

Applying For This Position:
Applications will only be accepted online at www.fredlaw.com/careers. Applicants will be asked to submit a cover letter and resume. For assistance with the application process or for accommodations, please contact recruiting@fredlaw.com.

About Fredrikson:
Diversity and inclusion are core values of Fredrikson & Byron. To best serve our clients, we provide innovative solutions to legal needs by cultivating a diverse workforce. With a reputation as the firm “where law and business meet,” our attorneys and staff bring business acumen and entrepreneurial thinking to operate as business advisors, strategic partners, and legal counselors to our clients. The firm’s 400 attorneys serve clients through our ten locations around the world: Minneapolis, Saint Paul, and Mankato, MN; Bismarck and Fargo, ND; Ames and Des Moines, IA; Madison, WI; Saltillo, Mexico; and Shanghai, China. Visit www.fredlaw.com for more information.