Trust Accounting Specialist (Hybrid)

Fredrikson & Byron

Minneapolis (MN)

Hybrid

USD 69,000 - 80,000

Full time

7 days ago
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Benefits offered by this job

Medical
Dental
Vision
Life Insurance
401k/Profit Sharing

Job summary

Fredrikson & Byron in Minneapolis seeks a Staff Accountant to support the Finance Department by handling trust accounting bookkeeping, monthly reconciliations, and related ledger activities. You will work closely with attorneys and staff to ensure accurate trust deposits, settlements, and client billings, contributing to internal controls and timely reporting.

The ideal candidate has a 4-year degree, experience with reconciliations and internal controls, and thrives under deadlines.

Qualifications

  • 4-year degree, preferably related to accounting or finance.
  • Experience with reconciliation and internal controls.
  • Ability to work effectively under deadlines.
  • Strong organizational and communication skills.
  • Hybrid work environment 2-3 days a week in office.

Responsibilities

  • Organize, track, and respond to trust accounting inbox communications with attorneys and staff.
  • Perform bookkeeping for trust activity, including monthly reconciliations.
  • Record and issue closing settlements and monitor bank accounts for trust deposits.
  • Aggregate W-9s for vendor setup and evaluate 1099 tax implications.
  • Monitor outstanding checks and assist in filing unclaimed property.
  • Print checks, obtain attorney signatures, and retain scans for records.
  • Initiate banking wires and retain wire confirmations.
  • Prepare letters notifying clients when trust funds are used for invoices.
  • Coordinate with billing on client ledgers and monitor internal controls.

Skills

Reconciliation
Internal controls
Communication skills

Education

4-year degree

Job description

Fredrikson & Byron in Minneapolis seeks a Staff Accountant to support the Finance Department by handling trust accounting bookkeeping, monthly reconciliations, and related ledger activities. You will work closely with attorneys and staff to ensure accurate trust deposits, settlements, and client billings, contributing to internal controls and timely reporting.

The ideal candidate has a 4-year degree, experience with reconciliations and internal controls, and thrives under deadlines.

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