Legacy Private Trust Looking for Finance Lead at Toronto, ON Full Time

Position Overview:
The Finance Associate/Lead is responsible for the company’s full cycle accounting including: daily bookkeeping, bank reconciliations, tax installments and source deductions, preparation of financial statements, performance of the treasury function, regulatory filings, and the external audit. This role is also responsible for the calculation of client fees in accordance with trust and estate accounting practices. This role reports to the Vice President, Investments.

Requirements:
Post-secondary diploma/degree in accounting;

2+ years’ experience; and

Ability to work in accordance with IFRS.

Skills:
Organization and the ability to prioritize;

Accountability;

Customer Service focus;

Time and self-management;

Teamwork;

Problem Solving Skills;

Critical Thinking;

Developing Standards;

Analyzing Information;

Dealing with Complexity;

Reporting Research Results;

Data Entry Skills;

Attention to Detail;

Confidentiality; and

Thoroughness.

Job Functions and Responsibilities:
Record financial transactions and complete posting process in accordance to IFRS;

Responsible for corporate and trust bank reconciliations;

Responsible for ensuring current source deduction payments are made on time and correctly;

Responsible for provincial and federal tax instalments;

Responsible for all G/L entries;

Responsible for accounts payable and accounts receivables;

Responsible for gain/loss calculations on FVPL and FVOCI investments;

Responsible for income accruals;

Responsible for calculating client fees using trust and estate accounting principles;

Responsible for Internal Audit items;

Responsible for financial testing and modelling as requested by management;

Responsible for depreciation calculations;

Responsible for creation of and maintaining the annual budget;

Responsible for calculating the variances from the budget and reporting significant issues to management;

Preparation and presentation of quarterly financial commentary for management, board and regulators;

Prepare for and facilitate the annual external audit;

Prepare Notes to Financial statements;

Preparation of year-end accruals;

Responsible for T2 preparation;

Responsible for monthly financial reporting and timely delivery to management;

Responsible for annual insurance renewals;

Responsible for cash flow reporting and projections;

Responsible for calculation of sales commissions;

Responsible for tracking New Business Sales revenues;

Responsible for tracking of marketing campaign budgets;

Responsible for monthly, quarterly and annual regulator fillings;

Responsible for maintaining the petty cash and stamp funds;

Responsible for providing overview to Human Resources in respect to Payroll;

Responsible for providing clerical and administrative support to management as requested;

Developing and improving KPIs;

Responsible for annual client reviews;

Manage multi-pay systems (PAD); and

Other duties as assigned.

Company Description:
At Legacy Private Trust we specialize in professional fiduciary services including the management and administration of trusts, estates, power of attorneys, agencies, guardianships, foundations and tax & accounting services.

For full-time, permanent employees: Legacy Private Trust offers a dynamic workplace and an employer-paid benefits package.

This position is an in office position with the option to participate in our hybrid remote work schedule after the probationary period.

Legacy Private Trust encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process.

We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.