Trust Officer

Law Partners Injury Lawyers

Sydney

Hybrid

AUD 70,000 - 100,000

Full time

3 days ago
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Benefits offered by this job

Hybrid working
Modern Sydney CBD office
Birthday leave
Wellbeing days
Learning & development
Team events

Job summary

Law Partners Injury Lawyers is seeking a detail-oriented Trust Officer to oversee day-to-day trust accounting and support the wider finance function in AP/AR processing. The role requires hands-on experience with trust reconciliations and regulatory compliance in a law firm environment.

You will manage trust accounts, coordinate with solicitors and clients, and assist with audit and month-end tasks while ensuring accuracy and confidentiality in financial handling.

Qualifications

  • Demonstrated experience in a Trust Officer role within a law firm.
  • Sound knowledge of trust accounting requirements including NSW regulations.
  • Experience completing bank reconciliations and investigating discrepancies.
  • Proficiency in Excel and legal accounting software.
  • Excellent numerical accuracy and attention to detail.

Responsibilities

  • Manage the firm's statutory trust accounts in line with Legal Profession Uniform Law and NSW regulations.
  • Process AP and AR, ensuring accuracy, approvals and correct GL coding.
  • Perform daily trust receipts/payments, EFTs and journal entries; reconcile monthly.
  • Liaise with solicitors, clients and financial institutions on trust transactions.
  • Support month-end reporting and audits; monitor regulatory compliance.

Skills

Trust accounting
Accounts payable
Accounts receivable
Excel
Bank reconciliations
Regulatory compliance
Confidential information handling

Education

Bachelor’s degree in accounting or related field

Tools

Legal accounting software

Job description

Law Partners Injury Lawyers – Sydney CBD NSW

About Us

At Law Partners, our mission is to help more Australians get the compensation they deserve. As Australia's largest specialist personal injury law firm, we are a growing, award-winning business committed to delivering exceptional client care and maintaining the highest standards of professionalism and integrity.

The Role

You will be responsible for the day-to-day administration of the firm's trust accounts, ensuring compliance with relevant trust accounting regulations while supporting the wider finance function through accurate and timely AP and AR processing.

Key responsibilities include:
Trust Accounting
  • Manage the firm's statutory trust bank accounts in accordance with the Legal Profession Uniform Law and applicable NSW regulations.
  • Process daily trust receipts, payments, electronic funds transfers (EFTs) and journal entries.
  • Complete daily and monthly trust reconciliations, including three-way reconciliations.
  • Ensure trust monies are correctly received, allocated, recorded and disbursed.
  • Liaise with solicitors, clients and financial institutions regarding trust transactions and settlement payments.
  • Maintain accurate trust accounting records and assist with internal and external trust account audits.
  • Monitor compliance with trust accounting procedures and regulatory requirements.
Accounts Payable (AP)
  • Process supplier invoices, ensuring accuracy, appropriate approvals and correct general ledger coding.
  • Prepare and process supplier payments in accordance with agreed payment terms.
  • Reconcile supplier statements and investigate outstanding invoices or discrepancies.
  • Respond to supplier queries and maintain positive working relationships with internal and external stakeholders.
Accounts Receivable (AR)
  • Process receipts and allocate payments accurately against outstanding balances.
  • Monitor outstanding receivables and follow up on overdue accounts where required.
  • Reconcile customer and client accounts and investigate discrepancies.
  • Assist with billing-related queries, account adjustments and the resolution of payment issues.
  • Maintain accurate financial records and support month-end reporting and reconciliations.
To be successful in this role, you will have:
  • Demonstrated experience in a Trust Officer role within a law firm.
  • Strong, hands-on experience across both accounts payable and accounts receivable.
  • Sound knowledge of legal trust accounting requirements, including the Legal Profession Uniform Law and NSW trust accounting regulations.
  • Experience completing bank reconciliations and investigating discrepancies.
  • Proficiency in legal accounting software and Microsoft Excel.
  • Excellent numerical skills and a high level of accuracy and attention to detail.
  • Strong organisational skills and the ability to manage competing priorities and deadlines.
  • Professional communication skills and the confidence to liaise with solicitors, clients, suppliers and other stakeholders.
  • A high level of integrity and the ability to handle confidential financial information with discretion.

Experience with legal practice management and accounting systems will be highly regarded.

Why Join Law Partners?

At Law Partners, we believe our people are central to our success. We offer a supportive and collaborative environment where you can contribute to a growing business while developing your skills and career.

Our benefits include:
  • A competitive salary package commensurate with experience.
  • A modern Sydney CBD office in a prime location next to Town Hall Station.
  • Hybrid working opportunities, subject to the role and qualifying period.
  • Birthday leave – your birthday off on us.
  • Two wellbeing days per year.
  • Ongoing learning and career development opportunities.
  • Regular social events, Friday night drinks and team celebrations.
  • Our annual Christmas party and Family Day.
  • A culture that values collaboration, recognition and absolute client care.
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