Trust Operations Support Accountant

Ledgent-Finance-; Boston (MA); On-site; USD 60,000 - 75,000; Full time

Job summary

Ledgent-Finance- in Boston, MA seeks a detail-oriented Trust Operations Support Accountant to manage trust operations, cash management, account administration, reconciliations, and securities-related transactions in a fast-paced professional environment.

The role requires strong numerical aptitude, exceptional attention to detail, and the ability to manage multiple priorities with confidentiality.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum of three years of Trust Operations experience within a bank, insurance company, law firm, or similar professional services environment.

Responsibilities

• Daily settlement with banking institutions for security-related transactions, including trades, income collections, and corporate actions.
• Process internal and external account transfers.
• Assist with the setup of new assets entering the department.
• Provide backup support to senior trust operations personnel.
• Prepare daily cash reconciliations and bi-monthly bank reconciliations.
• Review banking activity, monitor outstanding checks, and follow up on stale-dated items.
• Process account openings and account closings.
• Calculate income accruals, money market interest, and trustee fees.
• Provide support to trust operations leadership as needed.

Skills

Numerical proficiency

Data entry

Attention to detail

Analytical skills

Communication

Education

Bachelor's degree in Accounting/Finance/Business Administration or related field

Tools

Accounting software

Job description

Trust Operations Support Accountant (JN -082026-429405) Boston, Massachusetts

Salary: USD60000 - USD75000 per year

We are seeking a detail-oriented Trust Operations Support Accountant to support trust operations, cash management, account administration, reconciliations, and securities-related transactions. This role requires strong analytical skills, exceptional attention to detail, and the ability to work effectively in a fast-paced professional environment.

Responsibilities

• Daily settlement with banking institutions for security-related transactions, including trades, income collections, and corporate actions.
• Process internal and external account transfers.
• Assist with the setup of new assets entering the department.
• Provide backup support to senior trust operations personnel.
• Prepare daily cash reconciliations and bi-monthly bank reconciliations.
• Review banking activity, monitor outstanding checks, and follow up on stale-dated items.
• Process account openings and account closings.
• Calculate income accruals, money market interest, and trustee fees.
• Provide support to trust operations leadership as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum of three years of Trust Operations experience within a bank, insurance company, law firm, or similar professional services environment.

Additional Skills & Experience

• Strong numerical aptitude and proficiency with software applications.
• Ability to learn and utilize firm-specific software and technology platforms.
• Accurate and efficient data entry skills with working knowledge of accounting and spreadsheet functions.
• Exceptional attention to detail, organization, and record-keeping abilities.
• Ability to manage multiple priorities, meet deadlines, and perform effectively under pressure.
• Strong independent work ethic with the ability to collaborate within a team environment.
• Professional interpersonal skills with the ability to interact effectively with clients, attorneys, and staff.
• Excellent written, verbal, and electronic communication skills.
• Ability to maintain a high level of confidentiality and discretion.
• Commitment to ongoing professional development and continuous learning.