Our client is a full-service, mid-sized law firm in downtown that is committed to providing exceptional service and outstanding results. They are currently seeking a meticulous and detail-oriented Trust Clerk to join their accounting team.
Responsibilities include:
- Trust Account Management:
- Records all trust transactions, including deposits, withdrawals, investments, and transfers
- Reconcile trust accounts on a regular basis to ensure compliance with Law Society rules
- Coordinate the disbursement of inactive trust funds
- Analyze and address stale-dated cheques
- Monitor trust balances and alert stakeholders of any discrepancies
- Facilitate the opening and closing of trust accounts
- Assist with updating all bank records with signing authorities as necessary
- Compliance and Regulatory Oversight:
- Stay current on regulations and standards set forth by the Law Society of BC
- Gather information for T3 filings for auditors
- Prepare annual CDIC reporting for Trust funds
- Assist in the completion of annual trust audits
- Client Interaction:
- Serve as a point of contact for lawyers, support staff, contacts for financial institutions and clients regarding trust-related inquiries and transactions.
- Provide clients with clear and accurate information regarding trust account activity and balances.
- Other Administrative/Accounting Support:
- Perform general administrative tasks as needed to support the operations of the accounting department, including coverage for other accounting functions
Here is what you bring to the team:
- 2+ years’ experience in trust accounting in a law firm.
- Diploma or degree in accounting, finance, or a related field is preferred.
- Strong understanding of trust accounting principles and regulations.
- Proficient with Microsoft Office 365 applications
- Ability to work independently and collaboratively in a fast-paced work environment.
The salary range for this position is $60,000 – $70,000 and is dependent on job-related knowledge, skills, and experience. Offered is a competitive salary and benefits package, including an RRSP Matching Program. Please send your resume today!