1 Year Contract Trust Accountant, BOS Trustee

Bank of Singapore, Asia’s Global Private Bank; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Bank of Singapore seeks a Trust Accounting professional to maintain timely accounts for a portfolio of trusts and underlying companies, providing essential support to the Trust Administration team. The role requires 3–5 years of trust accounting experience, strong communication, ability to work with minimal supervision, and a meticulous approach.

Proficiency in MS Excel and MS Office is essential. Candidates with accounting qualifications and pursuing ACCA are welcome; join OCBC Group's global

Qualifications

• 3 to 5 years of trust accounting experience is an advantage.
• Good communication and interpersonal skills.
• Able to work with minimal supervision.
• Good time management and organizational skills.
• Meticulous and able to manage multiple priorities.
• Conversant with Microsoft Office applications especially MS Excel.
• Team player
• Diploma/Degree in Accounting. Candidates pursuing ACCA accreditation will be considered.

Responsibilities

• Maintain timely and proper accounts and other financial records for a portfolio of trusts and/or underlying companies.
• Provide accounting support to the Trust Administration team such as distributions, payments from and receipts into trusts and/or underlying companies.
• Prepare annual income tax filing, companies’ annual filings and any other regulatory filings as required for the group of trusts and/or underlying companies.
• Prepare annual and ad hoc financial statements for the group of trusts and/or underlying companies.
• Carry out annual and ad hoc trust fees billing.
• Ensure completeness of bank portfolio statements received.
• Monitor daily interfaces into accounting system.
• Contribute efforts for ad-hoc duties and projects assigned by Management.
• Act in accordance with core values (Lasting Value, Integrity, Forward-looking, Respect, Responsibility) of the organisation and demonstrate the highest standards of business and personal conduct.

Skills

Trust accounting

Communication skills

Independent work

Time management

Attention to detail

MS Excel

Team player

Education

Accounting Diploma or Degree

Pursuing ACCA

Tools

Microsoft Office

MS Office

Job description

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

• Maintain timely and proper accounts and other financial records for a portfolio of trusts and/or underlying companies.
• Provide accounting support to the Trust Administration team such as distributions, payments from and receipts into trusts and/or underlying companies.
• Prepare annual income tax filing, companies’ (e.g. BVI, SG) annual filing and any other regulatory filings as required for a group of trusts and/or underlying companies.
• Prepare annual and ad hoc financial statement for a group of trusts and/or underlying companies.
• Carry out annual and ad-hoc trust fees billing
• Ensure completeness of bank portfolio statements received.
• Monitor daily interfaces into accounting system.
• Contribute efforts for ad-hoc duties and projects assigned by Management.
• Act in accordance with core values (Lasting Value, Integrity, Forward-looking, Respect, Responsibility) of the organisation and demonstrate the highest standards of business and personal conduct.

Requirements

• 3 to 5 years of trust accounting experience is an advantage.
• Good communication and interpersonal skills.
• Able to work with minimal supervision
• Good time management and organizational skills.
• Meticulous and able to manage multiple priorities.
• Conversant with Microsoft Office applications especially MS Excel.
• Team player
• Diploma/Degree in Accounting. Candidates in the midst of pursuing ACCA accreditation will be considered