Trust and Collections Specialist

KPMG

7h•$55,000 - $82,000

About The Position

At KPMG, you’ll be joining a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world. The Specialist Trust & Collections plays a vital role of KPMG Law’s Business Enablement team and is focused on supporting KPMG Law Leadership in achieving key business metrics. 50% of the role will be related to Trust Clerk responsibilities and 50% will be related to client collections.

Requirements

College or University degree in Business, Finance or Accounting.
Strong knowledge of accounting preferred
Minimum two years’ experience in a related field.
Strong interpersonal and organization skills required.
Ability to work independently and prioritize with time-sensitive transactions.
Advanced skills with IBS considered an asset.

Nice To Haves

Experience in a law firm or similar role is an asset.

Responsibilities

Process time-sensitive deposit and withdrawal transactions as directed by legal teams in conjunction with AR, AP and Treasury, ensuring forms are accurately completed and reconciled to trust records, and organized and detailed financial documentation is maintained
Ensure compliance with Law Society regulations and risk requirements
Suggest process improvements and maintain compliance with Law Society requirements across all provinces
Monitor and coordinate the disbursement of inactive trust funds
Respond to queries from stakeholders (legal teams, Central Finance, banking representatives) in a prompt and professional manner
Ad hoc financial reporting and analysis
Day to Day management of client accounts, including reconciliation, collection calls, dispute identification and resolution
Locate and notify clients of past due balances by telephone, email etc.
Respond to internal and external client account inquiries
Interact with the appropriate departments to research outstanding balances and resolve client issues
Work with partners, managers and administrative staff on client information that will improve the timeliness of billings and collections
Implement our collection management processes and procedures in a professional manner to maximize recovery and minimize debt, while maintaining the client relationship