Trust Accounting Associate

Providentia Services Sdn Bhd; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A financial services company in Kuala Lumpur is seeking a trustworthy and detail-oriented Trust Accounting Associate. In this full-time position, you will manage comprehensive accounting services for trust accounts, ensuring precise financial reporting. Candidates must hold a relevant degree and have 3-5 years of experience in trust or investment accounting. We offer competitive salary and benefits, and opportunities for career growth in a collaborative environment.

Benefits

Competitive salary

Comprehensive benefits package

Career advancement opportunities

Qualifications

• 3-5 years of experience in trust accounting or similar financial reporting role.
• Strong understanding of trust accounting principles and applicable regulations.
• Prior experience in public and private market securities is an advantage.

Responsibilities

• Record all financial transactions related to trust accounts accurately.
• Prepare periodic financial statements for trust accounts.
• Reconcile trust account balances, including bank and investment accounts.

Skills

Attention to detail

Problem-solving skills

Communication skills

Customer service skills

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Accounting software

Spreadsheet applications

Job description

Providentia Services Sdn Bhd is seeking a talented and detail-oriented Trust Accounting Associate to join our team in Kuala Lumpur. In this full-time role, you will be responsible for providing comprehensive accounting and reporting services to our diverse portfolio of trust accounts, ensuring accurate and timely financial information for our clients.

What you'll be doing

• Perform accurate and timely recording of all financial transactions related to trust accounts
• Prepare periodic financial statements, including balance sheets, income statements, and cash flow reports for trust accounts
• Reconcile trust account balances, including bank, investment, and other asset and liability accounts
• Assist with the preparation of annual tax returns and other regulatory filings for trust accounts
• Liaise with clients, investment managers, and other stakeholders to provide financial information and address inquiries
• Maintain comprehensive documentation and filing systems for all trust account records
• Identify and recommend process improvements to enhance the efficiency and accuracy of trust accounting operations

What we're looking for

• Bachelor's degree in Accounting, Finance, or a related field
• 3-5 years of experience in trust accounting, investment accounting, or a similar financial reporting role
• Strong understanding of trust accounting principles, procedures, and applicable regulations
• Prior experience in public and private market securities, fund accounting and knowledge of SFRS/IFRS is an advantage
• Proficient in the use of accounting software and spreadsheet applications
• Excellent attention to detail and problem-solving skills
• Ability to work independently and as part of a team to meet deadlines
• Strong communication and customer service skills

What we offer

At Providentia Services Sdn Bhd, we are committed to providing a supportive and collaborative work environment that fosters professional growth and development. We offer a competitive salary, comprehensive benefits package, and opportunities for career advancement.

About us

Providentia Services Sdn Bhd is associated with a Singapore-based multi-family office that offers wealth planning, succession and investment solutions to global clients, businesses and families. With a strong focus on integrity and client service, we envisage that wealth management services could be meaningfully delivered by experienced professionals with a heart, leading to a peace of mind for our clients and us. If you're passionate about trust accounting and are looking to join a dynamic and growing organization, we encourage you to apply now.