Trust Accounting & Reconciliation Specialist

Old North State Trust, LLC; Greensboro (NC); On-site; USD 55,000 - 75,000; Full time

Job summary

Old North State Trust, LLC is seeking a Trust Accounting Specialist to support daily fiduciary operations, including processing trust transactions, reconciliations, and financial reporting. You will collaborate with banking partners and internal teams to ensure accuracy and compliance.

The role requires attention to detail, 2+ years of financial transaction experience, and proficiency in Excel/Office. This full-time position is based in Greensboro, NC, with standard business hours and

Qualifications

• 2+ years experience in processing financial transactions with high accuracy
• Associate's degree in Accounting, Finance, Business, or related field preferred
• Proficiency with Microsoft Office (Excel, Word, Outlook)
• Strong organizational, analytical, and problem-solving skills

Responsibilities

• Initiate and process wire transfers, ACH transactions, check deposits, and check disbursements.
• Monitor pending transactions and resolve processing exceptions on a timely basis.
• Maintain transaction records and supporting documentation in accordance with company policies and retention requirements.
• Assist with trust administration support activities.
• Perform daily reconciliation and analysis of accounts, identifying discrepancies and potential risks.
• Process and track movements between trust accounts, custodians, and banking institutions.
• Communicate regularly with banking partners regarding transaction processing and account maintenance.
• Ensure compliance with dual-control standards, internal controls, fiduciary regulations, and company policies.
• Assist with maintaining the trust company's general ledger and accounting records.
• Prepare and post journal entries with supporting documentation.
• Support monthly, quarterly, and annual financial close processes.
• Maintain schedules for prepaid expenses, accruals, fixed assets, and other balance sheet accounts.
• Process accounts payable, vendor payments, and employee reimbursements.
• Prepare reports and schedules requested by management.
• Identify trends, discrepancies, or operational concerns and report findings to management.

Skills

Attention to detail

Analytical thinking

Organizational skills

Financial accounting

Effective communication

Education

Associate's degree in Accounting, Finance, Business, or related field

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Old North State Trust, LLC is seeking a Trust Accounting Specialist to support daily fiduciary operations, including processing trust transactions, reconciliations, and financial reporting. You will collaborate with banking partners and internal teams to ensure accuracy and compliance.

The role requires attention to detail, 2+ years of financial transaction experience, and proficiency in Excel/Office. This full-time position is based in Greensboro, NC, with standard business hours and