Trust Administrator

14 hours ago

Sydney, Australia Corrs Chambers Westgarth Full time

TRUST ADMINISTRATOR
- 492839
- Sydney
- Melbourne
- Finance
- Full time

**Join Corrs Chambers Westgarth, Australia's leading independent law firm.**

We have an opportunity for an accounts professional to join our Client Trust Money team based in Sydney or Melbourne.

As part of the broader Finance function, the Client Trust Money team coordinate the processes and requirements for receiving and dealing with trust money held on behalf of clients or other parties.

Working closely with our Team Leader and Senior Accounts Clerk, this role is responsible for attending to the day to day trust money requirements of the Sydney office. The role also supports the firm’s national trust money function where required.

**At Corrs, we help you achieve your ambition - at every stage of your career.**

**Key responsibilities**
- Check that all trust regulations are met prior to processing of documents and payments.
- Attend to daily banking as required, including processing of EFTs and obtaining bank cheques for settlement when required.
- Ensure the accuracy of documents and process with mínimal errors. Processing includes, but not limited to trust receipts, trust payments including PEXA settlements, trust to office transfers processing and trust journals.
- Ensure unidentified funds received are identified and correctly allocated.
- Ensure month end trust reconciliations are completed. Target is 5 work days after month end close.
- Follow up and ensure action is taken on all trust account cheques not presented after 2 months of being drawn.
- Follow up with lawyers handling matters in relation to trust funds held on matters where there has been no movement for over 6 months.
- Overall responsibility to ensure trust statements are prepared in line with trust regulations.
- Manage the controlled monies process.
- Assist other finance duties as required.

**Required Qualifications and preferred experience**
- Knowledge of Australian Trust Regulations preferred
- Experience in CMS / Aderant or similar large scale Practice Management System.
- Highly organised with exceptional attention to detail.
- Strong IT skills, particularly Microsoft Excel.

**Why Corrs?**

We pride ourselves on meeting our clients needs in a culture characterised by excellence, commitment, collaboration and respect. Our policies, practices and behaviours foster a safe and inclusive workplace, and we focus on creating opportunities and supporting a diverse workforce.
- **Flexible working as standard -**we’ve established flexibility as standard business practice and an option for all our people.
- **Bonus leave -** an additional week of leave each year (5 weeks annual leave in total)
- **Wellbeing program** - we support the wellbeing of our people across areas including resilience, mental health, mindfulness, personal development, physical health and self-care.
- **Diversity and Inclusion**- this is a key area of focus for the firm. We set meaningful goals to improve diversity and an inclusive culture in which all employees feel supported and valued.
- **Responsible business approach** - we are a member of the United Nations Global Compact, and are committed to promoting and respecting human rights, supporting the Compact’s Ten Principles on human rights, labour, environment and anti-corruption, and the UN’s Sustainable Development Goals.
- **Learning and development opportunities**- including our Australian-first international study scholarship, our national training program and our mentoring program.

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