Specialist in Trust Accounting

May 25, 2022

This fast-growing international law firm wishes to welcome a specialist in trust accounting in a friendly and supportive environment.

Working as part of the finance and accounting team you will be responsible for processing trust transactions, maintaining accurate trust accounting records and ensuring that the firm is in compliance with trust regulations in multiple provincial jurisdictions. You will be a key member of the team and will be involved in the development of internal processes and other special projects as they pertain to your specialty. The position requires professionalism and initiative as there will be a high level of interaction with both internal and external clients.

The work will be done in hybrid mode, 2-3 days per week at the office or more, according to the business needs.

Primary Responsibilities:-Record and process outgoing trust transactions on a timely basis, verifying details as needed with legal teams to ensure that transactions are accurate, compliant with internal controls and bar association regulations;-Constantly review, update and ensure that adequate controls are followed and are in place around the trust process;-Prepare payment runs, rush cheques and wire transfers as required;-Prepare monthly and annual trust reports as required to meet provincial bar association regulations;-Review trust account balances systematically and follow up with legal teams to ensure that trust account balances are active and current;-Assist in the resolution of bank reconciliation items and month-end account analysis as required;-Liaise with bank to open client specific trust accounts as necessary;-Respond and provide information/ reporting as required from other departments of the firm;-Propose opportunities for process improvement and actively look for ways to improve efficiency;-Assist with and support special projects such as new software rollouts and improvements;-Support legal and administrative personnel with clarifications and training on trust related transactions;-Maintain virtual and physical trust filing;-Other tasks as required to aid the accounting and finance team in providing a high level of service to the firm and its clients.

Qualifications Required:-College or university graduate preferably in a financial related discipline or the equivalent experience;-At least 2 years of experience in a trust accounting role within a law firm or other professional service environment;-Intermediate to advanced Microsoft Excel skills with preferably some exposure to accounting software;-Strong oral and written communication skills in both French and English;-Sound judgement and the ability to develop solutions to problems and take the correct course of action;-Persistent and committed to completing tasks thoroughly and accurately;-Highly analytical, with a strong attention to detail;-Ability to work well under pressure and to meet deadlines;-Demonstrate high level of professionalism, diplomacy, trust and integrity;-Flexible and willing to assist all team members;

Do you want to join a firm that is making its reputation for its exhaustive practice and authentic commitment to clients? Send us your application now!

As an equal opportunity employer, Personnel Alter Ego values diversity in its workforce and seeks to ensure all groups remain fairly represented. Candidates must have the legal right to work in Canada.

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