Midsized Law Firm Seeking Trust Clerk to Join Accounting Team

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Job Description - Midsized Law Firm Seeking Trust Clerk to Join Accounting Team

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!

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