- Trust Account Management: Records all trust transactions, including deposits, withdrawals, investments, and transfersReconcile trust accounts on a regular basis to ensure compliance with Law Society rulesCoordinate the disbursement of inactive trust fundsAnalyze and address stale-dated chequesMonitor trust balances and alert stakeholders of any discrepanciesFacilitate the opening and closing of trust accountsAssist 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 BCGather information for T3 filings for auditorsPrepare annual CDIC reporting for Trust fundsAssist 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
- 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 applications
- Ability to work independently and collaboratively in a fast-paced work environment.
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Midsized Law Firm Seeking Trust Clerk to Join Accounting Team - Vancouver, Canada - Legal Freelance Centre
Description
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:
Here is what you bring to the team:
The salary range for this position is $60, – $70, 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