Trust Accounting & Reconciliation Specialist: Precision Focus

Fiduciary Trust Company; Boston (MA); Sur place; USD 70 000 - 95 000; Plein temps

Avantages offerts par ce poste

Annual discretionary bonus

Résumé du poste

Fiduciary Trust Company is seeking an detail-oriented Trust Accounting & Reconciliation Specialist to support consolidated trust accounting for externally custodied assets. You will own cash balancing, interposing with custodians, and driving exception resolution while maintaining strong controls.

The role emphasizes fast issue resolution, root-cause analysis, and collaboration across Operations, Custodians and partners to deliver accurate accounting and timely client outcomes.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• 2–4 years of experience in wealth management or investment operations focusing on reconciliation and exception clearing.
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Proficiency in Microsoft Excel (lookups, pivot tables, data analysis).
• Clear, professional communication with stakeholders; ability to learn new applications quickly.

Responsabilités

• Review aging reconciliation reports and validate exceptions.
• Own daily, weekly, and monthly cash balancing and reconciliation of externally custodied trust accounts.
• Drive timely clearance of exceptions across teams to remove blockers.
• Oversee principal and income accounting for external trust assets.
• Identify discrepancies between company records and external statements and investigate outstanding items.
• Provide regular status updates and escalate risks, aged items, and trends.
• Support the transition and stabilization of the reconciliation workstream and document processes.
• Identify root causes of recurring breaks and recommend process or control improvements.
• Leverage AI-enabled tools, data analytics, and automation to improve exception management and reporting.
• Prepare and maintain detailed reconciliation reports and maintain internal controls and audit requirements.
• Collaborate with operations, custodians, and third party providers for inquiries.
• Contribute to positive client outcomes by ensuring accurate, timely, and well-controlled operations.
• Ensure access to all required data via data feeds and online access.

Connaissances

Analytical thinking

Attention to detail

Time management

Communication

Excel proficiency

Problem-solving

Learning agility

Data analytics

Formation

Bachelor’s degree in Finance, Accounting, Business, or a related field

Outils

Microsoft Excel

AI tooling familiarity

Data analytics tools

Description du poste

Fiduciary Trust Company is seeking an detail-oriented Trust Accounting & Reconciliation Specialist to support consolidated trust accounting for externally custodied assets. You will own cash balancing, interposing with custodians, and driving exception resolution while maintaining strong controls.

The role emphasizes fast issue resolution, root-cause analysis, and collaboration across Operations, Custodians and partners to deliver accurate accounting and timely client outcomes.