Trust Account Compliance Officer

Details of the offer

Flexible work arrangements - would look at either full-time or part-time Opportunity to pivot your accounting/finance career to risk and compliance Key role in developing in-house regulatory function with support and development Are you an experienced accounting professional (CA or CPA) or financial professional looking to transition into a new role?
Been looking for something different, but not quite sure what it looks like?
Able to work full-time or seeking part-time hours?
This may just be the role for you.
It combines your technical accounting knowledge; risk management lens; investigative curiosity; and a desire to assist others meet their regulatory obligations.
The Organisation The ACT Law Society is the peak body for legal practitioners in the ACT.
The Society represents, advances, and defends the interests of an independent legal profession in the ACT.
They also protect the public interest in the ACT system of justice through efficient regulation of the profession as a whole, including trust accounting within firms across the ACT.
2024 has seen the ACT Law Society move into an exciting phase of growth and capability development across their regulatory function.
With this growth comes opportunity.
This brand new role will be pivotal in the development of the Society's internal function to both audit, regulate, advise and assist their members to build and refine robust and compliant trust accounting processes and systems across the ACT.
How will it work?
Reporting to a knowledgeable and supportive Regulatory Services Manager, you will also have the full support, guidance and training of the Finance & Business Services Manager to develop your knowledge of trust accounting and the legislation that governs it.
This means you do not have to develop this role from scratch, but you will have plenty of room to make it your own when you are ready to do so.
Your functions will be diverse.
Yes, your technical accounting skills will enable you to fully investigate trust account reconciliations to identify errors, but it is your analytical problem solving that will enable you to identify the errors and spot patterns and trends.
Naturally curious, you will work with your members to establish and refine processes and systems in their firms to increase their compliance.
You bring exceptional stakeholder and client engagement skills and are comfortable switching between the provision of support to achieve the required outcomes, and the requirement to enforce regulatory compliance activities where required.
Reporting of outcomes regarding non-compliance with legislative requirements including suspected improper applications of trust money will be a key deliverable.
You are able to write in a professional manner, detailing both facts and impact, and ensuring clarity of recommendations.
With a commitment to continuous improvement, you enjoy training others.
Comfortable teaching one-on-one, as well as confident in the delivery of sessions to build on the knowledge of trust accounting to practice leaders across the ACT's legal sector.
The diversity of this role will be rewarding for the right person.
You'll work with the Society's leadership team to help shape the role as the function evolves.
It really is a rare opportunity for you to pivot your career.
So what are we looking for in our successful candidate?
Your financial accounting skills are non-negotiable, you are either CA or CPA qualified (or in your final year of completion) enabling you to supervise the management of a trust account and perform periodic inspections as required.
You are comfortable forensically analysing ledgers and reconciliations, not with a fraud lens but with one of risk management.
You can then help firms develop and refine their procedures to reduce their risk of non-compliance.
Legal trust accounting knowledge is not required  - this will be a key part of your training.
You will learn from experts and operate with the full support of a network of trust account compliance officers around the country.
Experience in financial accounting within small business or non-profit environments will be highly regarded and transferable.
As would some exposure to audit, investigations, insolvency or even senior bookkeeping.
What's in it for you?
Apart from a brand-new career direction and the opportunity to work alongside a team of genuine people all working hard to uphold the legal profession?
You will also receive: Flexibility.
This can be full-time or reduced hours and how that looks can be designed by you with the support of your manager; A standard full-time equivalent work week of 35 hours and additional paid leave over Christmas shutdown period; One 'Wellness Day' every 6 months to help maintain a healthy work-life balance; A brand-new office to move into in early 2025 in the city centre.
This is a great opportunity if you're a certified accountant who is looking for something a little outside the box.
We have partnered this great organisation for many years and can attest to the dedication of the team and the culture they create.
Please apply now to be considered, uploading your CV and a brief cover letter detailing why you are a great fit for this role.
For more information please reach out to ****** or call Alex Elliott on 0468554655 for a confidential discussion.


Nominal Salary: To be agreed

Job Function:

Requirements

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