Trust Accountant/ Independent Trustee Company (REF:TYL)

Trust Recruit; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading recruitment consultancy in Singapore seeks a Trust Accountant to manage trust accounts, ensure compliance, and prepare financial statements. The ideal candidate has a diploma in finance and 1-3 years of relevant experience. Strong attention to detail and excellent communication skills are required. This role offers an opportunity to contribute to client trust account setups and support the trust manager in various financial tasks.

Qualifications

• At least 1-3 years of experience in trust accounting or related industry.
• Working knowledge of trust accounting principles and regulations.
• Proven ability to maintain confidentiality and trust with clients.

Responsibilities

• Handle and maintain accurate records of trust account balances and activity.
• Monitor trust account transactions and ensure compliance with regulations.
• Prepare and file trust account tax returns.

Skills

Attention to detail

Analytical skills

Excellent communication

Interpersonal skills

Ability to work independently

Education

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

Tools

Trust accounting software

Financial reporting tools

Job description

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 to ref24#trustrecruit.com.sg or please click on “Apply Now”.

We regret only shortlisted candidates will be notified.

Important Note: Trust Recruit Pte Ltd is committed to safeguarding your personal data in accordance with the Personal Data Protection Act (PDPA).

Please read our privacy statement on our corporate website www.trustrecruit.com.sg.

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