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Tawani Enterprises

Senior Trust Accountant

Tawani Enterprises, Chicago, Illinois, United States, 60290

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SUMMARY: The Senior Trust Accountant is responsible for the preparation of multiple trust and investment accountings, reconciling bank and brokerage statements, assist with annual audit requests, general administrative duties to support trust and accounting, and special projects as assigned. This person will also be an integral part of the new investment software implementation and transition process. Position will work with a variety of departments, including Finance and Tax.

ESSENTIAL POSITION QUALIFICATIONS:

4 year Accounting Degree required

5+ years of investment accounting experience, including exposure to reconciliations and various transactional work

Prior trust, investment partnerships experience required and/or tax and securities business experience a plus

Proficient with Microsoft Office including Word, Excel, and Outlook

Extremely detail oriented and organized; ability to multi-task, problem solve, and self-start

Ability to work in a team environment

Strong verbal and written communication skills

Drive for continuous improvement with a strong operational focus and aim to improve processes and efficiencies

ESSENTIAL POSITION QUALIFICATIONS:

Reconcile outside custody statements to Company’s internal trust accounting system

Establish security records as needed on the trust accounting system

Work with investment team and other internal staff to gather data necessary for accounting of various transactions

Responsible for recording disbursement transactions, receiving income, and processing trades and various types of other securities transactions

Process accounts payables for the trusts and various entities

Monitor cash balances and maintain cash requirements with daily check and ACH processing and bank deposits

Reconcile bank/trust accounts for each bank on a monthly basis

Reconciling items and variances should be researched and resolved in a timely fashion

Reconcile quarterly custodian and investment fees

Prepare and review of monthly, quarterly, and annual financial statements for trusts and investment entities

Review and analyze GL transactions and accounts, using technical judgement to ensure that financial transactions are properly recorded

Handle requests from internal and external customers for additional information and documentation pertaining to specific transactions

Provide various reporting to management on a monthly basis

Provide continuous review of processes to ensure compliance with regulatory/audit requirements

Assist in the completion of the annual audits, including creating schedules, providing supporting documentation and provide timely resolution of requests and questions.

Review annual trust and investment tax documentation and support Tax Advisors with reporting-related requests

Assist with the new accounting/investment system implementation and transition

Prepare and input journal entries for posting ensuring that all transactions are properly recorded.

Maintain organized records regarding communication with business unit representatives and internal/external meetings.

BENEFITS:

Medical

Dental

Vision

401K Match

Paid Time Off

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