Toronto - Finance and Trust Accounting Manager - EY Law

Toronto, ON
Permanent
Full-time

1 month ago

At EY, we're all in to shape your future with confidence.We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help to build a better working world.The opportunityThe Finance Manager is a key strategic and operational leader responsible for managing all financial aspects of EY Law, with a strong emphasis on trust accounting and compliance. This role bridges general accounting, client accounting, and trust accounting, ensuring adherence to law society regulations while driving financial performance and supporting firm-wide initiatives. The Finance Manager partners closely with the various legal practices within EY law and Global Compliance Office (GCO) to implement compliant processes, manage audits, and provide accurate reporting to regulatory bodies.This job posting relates to an existing vacancy within our organization.Your key responsibilities

Financial Leadership & Compliance

Work with EY law leadership and GCO to interpret law society rules and implement compliant processes for trust and client fund management.
Ensure timely and accurate preparation of annual filings and statutory reports.
Act as the primary liaison with law societies across jurisdictions, providing required information and supporting audits nationwide.
Oversee trust account operations, ensuring proper fund transfers and compliance with regulatory standards, including receipt of retainers, overpayments, refunds.
Financial Management & Strategy

Lead and manage more junior members of the finance team, including accountants, billing specialists, and analysts.
Oversee budgeting, forecasting, and financial planning across practice groups.
Develop financial models to support pricing decisions and strategic initiatives.
Monitor and report on firm-wide EY Law financial performance, including revenue, profitability, and cost control.
Review and approve various financial transactions
Operational Excellence

Prepare and review financial statements, ensuring compliance and accuracy at year-end.
Drive financial transformation initiatives and operational improvements across the firm.
Collaborate with Partners and Lawyers to manage the trust fund and general account transactions and obligations with the law societies of the various provinces
Working with the broader financial management team to ensure alignment with financial systems and processes
Collaboration & Advisory

Partner with EY Law practice leaders and management to enhance matter management and client profitability.
Provide actionable financial insights to partners and practice leaders for business planning and growth.

Skills and attributes for success

Strong financial acumen with familiarity of the unique financial requirements of law firms, including trust accounting.
Proven leadership experience managing finance teams and complex projects.
Excellent analytical, communication, and interpersonal skills.
A high degree of diplomacy and confidentiality.
Ability to work closely with GC and compliance teams on regulatory matters.
A strategic mindset with a focus on continuous improvement and innovation.
Familiarity with legal billing practices and timekeeping systems.

Qualifications

A Bachelor's degree in Finance, Accounting, Economics, or related field.
Minimum 3 years of experience in financial management, ideally gained in a law firm.
Strong knowledge of trust accounting and financial regulations applicable to law firms.
Experience preparing annual filings and supporting multi-jurisdictional audits.
Proficiency in financial systems and tools including Excel, PowerPoint, and PCLaw.

Ideally, you'll also have

A CPA designation

What we look forWe seek collaborative team players who thrive in a supportive environment, prioritizing both team goals and personal development. A genuine passion for finance is essential. We value innovative thinkers, committed to continuous learning, who are eager to enhance financial practices and drive operational excellence within EY Law.What we offerWe offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a discretionary bonus program, a comprehensive medical, prescription drug and dental coverage plan, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

Support and coaching from some of the most engaging colleagues in the industry
Learning opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way that's right for you

EY reports salary ranges in accordance with applicable provincial pay transparency legislation. Individual salaries within the anticipated salary ranges noted below are determined through a wide variety of factors including but not limited to internal equity, education, relevant experience, knowledge, and applicable skills.

Toronto: Manager $92,300 - $142,300

Are you ready to shape your future with confidence? Apply today.To help create the best experience during the recruitment process, please describe any accommodations you may need.Inclusiveness at EYInclusiveness is at the heart of who we are and how we work. We're committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advancing gender equity and women in leadership, advocating for the 2SLGBTQIA+ community, promoting our neuroinclusion and accessibility initiatives, and are dedicated to amplifying the voices of Indigenous peoples (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.Learn about our commitment to Inclusiveness atEY | Building a better working worldEY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.At EY, we use artificial intelligence (AI) tools as one element of our recruitment process to enhance efficiency and improve the candidate experience. While AI supports us in our process, human judgment and decision-making remain integral in our candidate experience. We are committed to the responsible use of AI, and our practices are continuously reviewed and refined to ensure they align with ethical principles and regulatory requirements.To all recruitment agencies: EY does not accept unsolicited resumes from recruitment agencies. Any resumes submitted without a prior agreement or request from our hiring team will not be considered. EY is not responsible for any fees related to unsolicited resumes.

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