Trust Accounting Manager

Biz Vision Group Pte. Ltd.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services firm in Singapore is seeking a Trust Accounting Manager to join its team. This full-time position involves providing comprehensive accounting and reporting services for a diverse portfolio of trust accounts. The ideal candidate should have a Bachelor's degree in Accounting or Finance, with 4-5 years of relevant experience. Responsibilities include financial transaction recording, financial statement preparation, account reconciliation, and providing excellent customer service. Strong attention to detail and problem-solving skills are essential.

Qualifications

• 4-5 years of experience in trust accounting, investment accounting or a similar financial reporting role.
• Strong understanding of trust accounting principles and applicable regulations.
• Prior experience in public and private market securities, fund accounting with knowledge of SFRS/IFRS is an advantage.

Responsibilities

• Perform accurate and timely recording of all financial transactions related to trust accounts.
• Prepare financial statements including balance sheets and income statements for trust accounts.
• Reconcile trust account balances and assist with annual tax returns.

Skills

Attention to detail

Problem-solving skills

Strong communication

Customer service skills

Education

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

Chartered Accountant preferred

Tools

Accounting software

Spreadsheet applications

Job description

About the role

We are seeking a talented and detail-oriented Trust Accounting Manager to join our team. 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, Chartered Accountant preferred
• 4-5 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