Trust Accountant (Manager)

Overseas Chinese Banking Corporation; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Trust Accounting professional to support finance and accounting activities. You'll maintain accounts for trusts, prepare income tax filings, and collaborate within a team. Candidates should possess a relevant diploma/degree and have strong communication skills. Experience in trust accounting is a plus, and proficiency in MS Excel is essential.

Benefits

Attractive remuneration packages

Opportunities for personal development

Qualifications

• 3 to 5 years of trust accounting experience is an advantage.
• Conversant with Microsoft Office applications especially MS Excel.
• Candidates pursuing ACCA accreditation will be considered.

Responsibilities

• Maintain timely and proper accounts for trusts.
• Prepare annual income tax filing for trusts.
• Monitor daily interfaces into accounting system.
• Support the Trust Administration team with accounting.
• Ensure completeness of bank portfolio statements.

Skills

Good communication and interpersonal skills

Time management and organizational skills

Meticulousness

Team player

Microsoft Excel proficiency

Education

Diploma/Degree in Accounting

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!

BOS Trustee Limited is the trust company owned by the Bank of Singapore Limited. Headquartered in Singapore and regulated by MAS, the company provides trust administration services for private trusts. The incumbent will join the trust reporting team in supporting the finance and accounting related activities. A team player to join and support the trust company in performing fee billing and providing accounting support for trusts and/or underlying companies.

Main duties

• 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

• Diploma/Degree in Accounting. Candidates in the midst of pursuing ACCA accreditation will be considered.
• 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