Auditor
1 month ago
We are seeking a highly skilled Auditor to join our team at the Law Society of British Columbia. As an Auditor, you will play a critical role in ensuring the public is well served by legal professionals who are honourable and competent.
Key Responsibilities:
- Conduct Compliance Audits to assess lawyers' compliance with the trust accounting rules and identify potential misconduct issues or misuse of the trust account related to financial matters
- Review law firms' records for non-compliance with the Legal Profession Act, Law Society Rules, and the Code of Professional Conduct for British Columbia and identify potential fraud and money laundering
- Use data analytics and professional judgment to assess key areas of focus and implement additional audit procedures as necessary
- Interview lawyer(s) and the firms' accounting staff and ask appropriate questions throughout the audit
- Apply professional skepticism with the review of the firms' records and explanations
- Conduct complex investigative audits in areas of serious concerns, including anti-money laundering
- Operate independently and ensure work is completed to schedule and meets our high-quality standards
- Write concise, impartial, and factual reports of audit findings
- Communicate the report findings and provide feedback to lawyers regarding areas of compliance and non-compliance with the rules
- Provide recommendations to lawyers on how to remedy any deficiencies identified during the audit, when appropriate
- Draft detailed memos to refer serious audit findings to the Professional Conduct department and provide oral evidence supporting the referral, when required
- Review annual Trust Report submissions and assess law firm compliance with the Division 7 Rules
- Compose letters to lawyers and review correspondence from lawyers regarding Trust Reports, trust shortages, cash breaches, storage modification requests, and other matters
- Respond to inquiries from lawyers and law firm staff regarding trust accounting, the trust administration fee, and Part 3, Division 7, and Division 8 Rule interpretations
- Participate in the review and refinement of the Trust Assurance Program, including the continued development and refinement of audit procedures and reference materials such as the Trust Accounting Handbook
- Assist in training of new auditors on audit procedures
- Promote a collegial environment of sharing and transferring knowledge and information amongst department members
- Conduct new firm visits, discuss the firm's procedures in handing trust funds, and provide feedback on how to remedy any deficiencies
- Other duties as the Director, Trust Assurance may require
To qualify, you will need at least 5+ years of experience in auditing in public practice and/or accounting for law firms. It is essential that you have a high level of professional judgment, excellent written and communication skills, and an outstanding ability to convey a message.
A Chartered Professional Accountant (CPA) designation with CPABC is required, however, candidates who have taken their exams and are in the final stages of administrative processing or undergoing inter-provincial transfer to obtain local CPA accreditation will be considered.
Skills, experience, and background in the following are required:
- Certified Anti-Money Laundering Specialist designation with ACAMS, or the willingness to acquire it
- Ability to identify potential compliance concerns and investigative skills
- Ability to educate lawyers on the rules and regulations related to compliance
Additional designations such as CFE or CIA are desirable, but not required.
About the BenefitsAs recognition for all your hard work and determination, you can look forward to an annual salary ranging from $102,891-$111,838, evaluated on skills and experience, plus the following:
- Opportunity to work in a hybrid work model
- Extended health benefits, including vision, prescription, and dental coverage
- Insurance coverage including accidental death and dismemberment, life, and short and long-term disability
- 4 weeks' vacation to start
- The Law Society health spending account
- RRSP matching
- Join an organization that promotes a healthy life-work balance and a respectful workplace
- Team and organization social events such as monthly socials, celebrating birthday and service milestones, and annual events including the annual winter party and recognition lunch
- Supportive Team Environment: Join a collaborative work environment where teamwork and mutual support are valued.
- Continuous Learning Opportunities: Engage in varied and dynamic audits, allowing for continuous learning and professional development.
- Work/Life Balance: Enjoy a healthy work/life balance with the autonomy to manage your workload.
- Meaningful Impact: Experience the satisfaction of knowing that your work directly contributes to protecting the public interest and upholding integrity in the legal profession.
- Variety of Work: Audit different types of law firms and gain exposure to various aspects of legal practice
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