Trust Fund Accountant

People Corporation; Vaughan; On-site; CAD 60,000 - 80,000; Full time

Job summary

A prominent organization is seeking a Trust Fund Accountant to manage financial transactions related to trust funds for multi-employer clients in Vaughan. The successful candidate will play a key role in maintaining accurate records, preparing financial statements, and ensuring compliance with regulations, while also providing excellent service to clients. With a collaborative environment and a focus on professional development, this role offers an opportunity to grow alongside industry experts, supported by a range of employee benefits.

Benefits

Extended health care and dental benefits

Retirement savings plan

Health & Wellness offerings

Mental Health programs

Assistance for completing industry designations

Competitive compensation

Qualifications

• 5 or more years of experience in an office environment focusing on accounting.
• Strong knowledge of trust laws, fiduciary responsibilities, and tax regulations.
• Excellent oral and written communication skills.

Responsibilities

• Maintain and analyze general ledger accounts.
• Prepare monthly, quarterly, and annual financial statements.
• Reconcile bank accounts and balance sheet accounts.

Skills

Communication

Teamwork

Customer Service

Accounting Knowledge

Trust Law Knowledge

Tax Regulation Knowledge

Education

CPA / CA designation

5 years experience in accounting

Tools

MS Excel

MS Office

Job description

We are seeking a Trust Fund Accountant, Vaughan to join our BPA team in Vaughan.

The Trust Fund Accountant is responsible for managing financial transactions of trust funds for multi employer clients. This role works collaboratively within the Client Accounting team to ensure timely and accurate record keeping while complying with all legal and regulatory requirements. The Trust Fund Accountant supports the Senior Trust Fund Accountant in the delivery of exceptional client service.

The Trust Fund Accountant will:

• Maintain and analyze general ledger accounts.

• Prepare journal entries and maintain up-to-date GL transactions.

• Reconcile bank accounts.

• Reconcile all balance sheet and income statement accounts; investigate outstanding items and develop recommendations to resolve.

• Prepare monthly, quarterly and annual financial statements.

• Prepare government remittances.

• Monitor cash flow and prepare bank transfers.

• Prepare cash flow, investment and other reports as required by clients.

• Prepare working papers and assist during annual audits.

• Evaluate and handle client related inquiries in a timely manner.

• Handle day-to-day accounting duties for the clients.

• Other duties as may be assigned by management.

To be successful as a Trust Fund Accountant with BPA, you will need :

• 5 or more years of working in an office environment with a focus on Accounting.

• Excellent oral and written communication skills, ability to write reports, business correspondence

• Excellent software skills, including MS office applications with intermediate to advanced level in MS Excel;

• Maintaining a high standard of care and professionalism

• Team player with collaborative mindset.

• Strong knowledge of trust laws, fiduciary responsibilities, tax regulations.

• Strong customer service skills, experience in a client / customer facing setting

All-star candidates will have:

• Successful completion of CPA / CA designation is strongly preferred.

What's in it for you:

• Learn by working alongside our experts

• Extended health care and dental benefits

• A retirement savings plan with company contributions

• A suite of Health & Wellness offerings

• Mental Health programs and support for you and your family

• Assistance for the completion of industry designations

• Competitive compensation

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.

About BPA:
BPA is a division of People Corporation and has served members and beneficiaries in their local communities since 1958. BPA is dedicated to providing a superior benefits experience to our members, businesses, and trusts in the local communities in which they live and operate.

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employeehas the opportunity toreach their potential. If you require an accommodation or an alternative format of any posting please reach out to [e-mail]