September 13, 2020
The Law Society of Alberta (Law Society) regulates the legal profession in the public interest.
In alignment with the Law Society’s vision, mission, and strategic plan, the Counsel department provides legal and strategic expertise to all Law Society departments, Benchers (members of the governing body), and committees. On behalf of the Law Society, the Counsel department acts as counsel at all levels of court and as litigators for all types of internal hearings and appeals, including disciplinary hearings. The department actively supports the Law Society’s mission to be a model regulator, including protecting the public interest and preserving the fundamental principles of justice.
In alignment with the Law Society’s vision, mission, and strategic plan, the Trust Safety department manages a program that endeavors to protect the public and ensure the safety of trust property. Through the program, Law Society of Alberta; ensures lawyers’ compliance with the standards, reporting requirements and financial rules on Trust Safety, educates lawyers about their responsibilities with respect to the trust property, and audits lawyers’ financial records.
This opportunity will challenge an experienced auditor who values ongoing learning, varied work responsibilities, and conducting Trust Accounting compliance audits across Alberta, including law firms of different sizes, practice areas and complexities. As an Auditor, you will serve as a key member of the Trust Safety department responsible for the end to end process of conducting field and limited-scope audits in accordance with Trust Safety’s audit methodology. Success in this position requires excellent time management, interpersonal and analytical skills.
As a member of the Trust Safety team, you will:
- Prepare and plan for the audits (field and limited scope):
- Participate in establishing and finalizing the audit scope and objectives to ensure audit activities align with the trust safety program guidelines and audit strategy
- Execute the audits (field and limited scope):
- Conduct preliminary and exit interviews with the key members of the law firm
- Execute audit programs and testing procedures relevant to risk and audit objectives and develop a clear and concise audit file
- Validate noted observations
- Identify improvement opportunities
- Report on audits (field and limited scope):
- Prepare specific, concise, and compelling audit reports for the noted observations and recommendations
- Conduct follow-ups field audits
- Assist law firms in developing sound accounting practices that comply with regulations.
- Assist in developing and improving compliance audit policy and procedures.
- Plan, execute and reports on audits to obtain reasonable assurance that trust funds are accurate and administered in compliance with the Rules of the Law Society of Alberta
- Present findings and recommendations to law firms during an exit interview and identify reportable issues.
- Prepare audit report for law firm regarding the audit findings. Consult with and refer audit matters to the Supervisor, Trust Safety, as required.
- Review the suitability of internal control design at law firms including the identification of areas of noncompliance with the Legal Profession Act (Act) and the Rules of the Law Society (Rules)
- Provide assistance to law firms to develop sound accounting practices and procedures that comply with the Act and Rules.
- Participate in education programs for lawyers: presents seminars, prepares informative articles, etc.
- Liaise with other Regulation Department operational units regarding law firm risk and compliance with the Rules – including attending hearings as an expert witness to give evidence.
- Maintain professional working relationships with staff, managers, stakeholders, and law firms.
- Complete special projects and other tasks as required.
- Professional certification required (Chartered Professional Accounting (CPA) designation and/or Certified Internal Auditor (CIA) Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS).
- Bachelor’s degree or diploma in accounting or the equivalent combination of education, training, and work experience.
- Minimum of three years of the practical application of accounting and auditing experience.
- Solid project management skills and experience with the ability to consistently achieve objectives and meet timelines.
- Ability to think critically and manage large quantities of data.
- Open and articulate communicator with strong verbal and written communication skills including ability to write formal reports
- Effective communicator, able to question audit clients objectively with an attitude of customer service. Assertive, tactful, and confident
- Ability to prepare accurate and meaningful reports as required.
- Intermediate or advanced training in Microsoft Office with an emphasis on Word and Excel skills.
- Knowledge of regulatory environments or similar experience preferred.
- Strong organizational skills with a demonstrated ability to learn new concepts.
- Display a high level of professional judgment, integrity, independence and objectivity
- Requirement to travel up to 20% within Alberta.