Trust Accountant (Independent Trustee Company)

TRUST RECRUIT PTE. LTD.; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A recruitment firm in Singapore is seeking an Accountant to manage trust accounts, ensure compliance, and prepare financial reports. The ideal candidate will have a diploma in accounting and experience in trust accounting. Responsibilities include monitoring transactions, preparing tax returns, and maintaining records. Apply now to join a dynamic team committed to excellence.

Qualifications

• Experience in trust accounting or related industry.
• Ability to maintain confidentiality and trust.
• Strong analytical skills essential.

Responsibilities

• Maintain accurate records of trust account balances.
• Monitor transactions for legal compliance.
• Prepare and file trust account tax returns.
• Provide financial statements and reports to clients.

Skills

Diploma or bachelor’s in accounting

1-3 years of experience in trust accounting

Working knowledge of trust accounting principles

Experience with trust accounting software

Strong attention to detail

Excellent communication skills

Ability to manage multiple tasks

Familiarity with IT applications

Education

Diploma or bachelor’s in accounting, finance or related field

Tools

Trust accounting software

Financial reporting tools

Job description

Accountant – 70%

• Handle and maintain accurate records of trust account balances and activity supported by relevant documentation

• Monitor trust account transactions and ensure compliance with legal and regulatory requirements

• Prepare and file trust account tax returns

• Provide regular financial statements and reports to clients

• Resolve any issues or discrepancies related to trust account activity

• Assist with client trust account setup and maintenance

• Manage full set of trust and its underlying companies’ accounts and prepare financial statements

• Provide accounting support to the trust manager on distributions, payments from and receipts into trusts and/or underlying companies

• Adhere to Company core values and expected behaviours

Administrative – 30%

• Assist with Business Development initiatives.

• Work with BD team and Client Services team to on-board new clients in compliance with internal procedures

• Data management activities – including CRM and daily client data trust administration

• Maintain accurate and updated trust records

• Input of time into database for fee earner(s) when required

• Occasionally organise Director’s activities

• Any reasonable ad-hoc tasks as required by the head of department

Skills Required

• Diploma or bachelor’s in accounting, finance, or a related field

• At least 1-3 years of experience in trust accounting or related industry

• Working knowledge of trust accounting principles and regulations

• Experience with trust accounting software and financial reporting tools

• Proven ability to maintain confidentiality and trust with clients

• Strong attention to detail and analytical skills

• Excellent communication and interpersonal skills

• Ability to work independently and manage multiple tasks and tight deadlines

• Meticulous and discreet in handling confidential information

• Able to articulate well

• Able to work well with both internal and external stakeholders

• Attention to detail is essential

• Familiar with current trend of IT applications

How to apply

Interested applicants, kindly send your resume in MS WORD format or please click on “Apply Now”.

We regret only shortlisted candidates will be notified.

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