Trust accounts supervisor job description
Updated March 14, 2024
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Example trust accounts supervisor requirements on a job description
Trust accounts supervisor requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in trust accounts supervisor job postings.
Sample trust accounts supervisor requirements
- Minimum of 3 years of experience in trust accounting
- Bachelor's degree in accounting, finance or related field
- Strong knowledge of GAAP and SEC regulations
- Proficient in Microsoft Excel and other accounting software
- Excellent attention to detail and ability to multitask
Sample required trust accounts supervisor soft skills
- Strong communication and interpersonal skills
- Ability to work independently and in a team environment
- Problem-solving and analytical skills
- Ability to adapt to changing priorities and deadlines
- Good time management and organization skills
Trust accounts supervisor job description example 1
Perkins Coie trust accounts supervisor job description
At Perkins Coie, we look for individuals that are self-motivated, dedicated to providing value and superior services and, above all, people who have a high degree of integrity and enthusiasm for their work. We've created a company culture that is based on collaboration, devotion to serving our clients, and mutual respect. Perkins Coie is committed to advancing diversity and inclusion both within the firm and throughout our collective communities. Work for one of the 100 Best Workplaces in America, get great health insurance, tuition reimbursement, your birthday off, and paid sabbaticals.
Responsible for ensuring the delivery of timely, accurate and value-added information, maintenance and services of all Trust accounts and transactions in accordance with Perkins Coie policies and procedures as well as state bar rules. This Trust Accountant will be responsible for all regular daily, monthly, and quarterly trust accounting tasks for all offices. This position will also act as the first point of escalation for any Trust accounting issues.
ESSENTIAL FUNCTIONS
These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation.
Processes Trust Account deposits, monthly interests, and reconcile Trust accounts for all offices.Together with the Trust Accountants, document and maintain a log of state specific bar rules as it relates to client trust accounts for assigned offices. Keeping electronic log of Trust transactions current and in accordance when required by state bar recommendations.Educate LPAs, attorneys and other finance department members about Trust processes and requirements.Review unallocated cash receipts account for assigned offices and ensure timely resolution of client funds. This would include providing posting instructions to the cash receipts team, transfer funds to client trust, or refund the client.Run monthly and other periodic reports and distribute to client service lawyers and paralegals.Reconcile monthly trust activity with GL Accountants.Recognize when escalation is necessary and assist Trust team in resolving outstanding questions so that Trust monies are applied timely and accurately.Complete projects, as assigned, and design and maintain management reports, as needed.Be present at work during regularly scheduled working hours and as needed in the job position, consistent with the Firm's attendance expectations.
SPECIFIC SKILLS REQUIRED
Strong customer service skills and the ability to express self effectively, both orally and in writing. Thorough knowledge of standard accounting processes and procedures. Ten-key by touch. Fluent in MS Office applications. Solid organizational and prioritization skills. Strong attention to detail. Ability to apply regulations and guidelines to standard and non-standard situations. Ability to use experience and judgment to make decisions. Ability to work with minimal supervision.
EDUCATION AND EXPERIENCE
Requires a BA degree in accounting or equivalent. Requires five years of experience as a trust accountant or equivalent. Professional services accounting experience preferred. Law firm experience beneficial.
Responsible for ensuring the delivery of timely, accurate and value-added information, maintenance and services of all Trust accounts and transactions in accordance with Perkins Coie policies and procedures as well as state bar rules. This Trust Accountant will be responsible for all regular daily, monthly, and quarterly trust accounting tasks for all offices. This position will also act as the first point of escalation for any Trust accounting issues.
ESSENTIAL FUNCTIONS
These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation.
Processes Trust Account deposits, monthly interests, and reconcile Trust accounts for all offices.Together with the Trust Accountants, document and maintain a log of state specific bar rules as it relates to client trust accounts for assigned offices. Keeping electronic log of Trust transactions current and in accordance when required by state bar recommendations.Educate LPAs, attorneys and other finance department members about Trust processes and requirements.Review unallocated cash receipts account for assigned offices and ensure timely resolution of client funds. This would include providing posting instructions to the cash receipts team, transfer funds to client trust, or refund the client.Run monthly and other periodic reports and distribute to client service lawyers and paralegals.Reconcile monthly trust activity with GL Accountants.Recognize when escalation is necessary and assist Trust team in resolving outstanding questions so that Trust monies are applied timely and accurately.Complete projects, as assigned, and design and maintain management reports, as needed.Be present at work during regularly scheduled working hours and as needed in the job position, consistent with the Firm's attendance expectations.
SPECIFIC SKILLS REQUIRED
Strong customer service skills and the ability to express self effectively, both orally and in writing. Thorough knowledge of standard accounting processes and procedures. Ten-key by touch. Fluent in MS Office applications. Solid organizational and prioritization skills. Strong attention to detail. Ability to apply regulations and guidelines to standard and non-standard situations. Ability to use experience and judgment to make decisions. Ability to work with minimal supervision.
EDUCATION AND EXPERIENCE
Requires a BA degree in accounting or equivalent. Requires five years of experience as a trust accountant or equivalent. Professional services accounting experience preferred. Law firm experience beneficial.
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Trust accounts supervisor job description example 2
Credit Suisse trust accounts supervisor job description
IMPORTANT INFORMATION FOR ALL CANDIDATES: Everyone working in Guernsey must hold a Guernsey Employment Certificate or Permit. The Right to Work in the United Kingdom does not equate to a Guernsey Employment Permit.
Join us as a Trust Accountant where you will have the opportunity to be a part of a highly motivated and client focused team. This is a highly experienced and adaptable team focused on working collaboratively to deliver high quality accounting and reporting for the business.
Your future colleagues
You will liaise with Guernsey Trust Management Team Heads and Staff as well as ongoing liaison with the Trust accounting Support team in Mumbai to ensure coordination between offices on accounts preparation, meeting set deadlines and key performance indicator targets.
The department values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global cultural values.
You will be self motivated and organized with good communication and IT skills with the ability to work as part of a team as well as able to work individually using your own initiative to meet specific targets and objectives. You will also be able to provide assistance on accounting technical issues and train / mentor junior staff where required.
* ACCA qualified or equivalent
* Knowledge of IFRS, FRS, and UK GAAP
* Knowledge and experience in UK tax reporting arrangements
* Involvement with ad-hoc reporting for tax related matters
* Accounts preparation for a small number of Ultra High Net Worth clients
* Direct contact with clients and their representatives
* Regular reporting to the Centre Head, Executive Management Committee and Board of Directors.
* The team have a flexible and proactive approach and you will be expected to support the wider team by contributing to tasks outside of your day-to-day responsibilities where appropriate.
Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work
Join us as a Trust Accountant where you will have the opportunity to be a part of a highly motivated and client focused team. This is a highly experienced and adaptable team focused on working collaboratively to deliver high quality accounting and reporting for the business.
Your future colleagues
You will liaise with Guernsey Trust Management Team Heads and Staff as well as ongoing liaison with the Trust accounting Support team in Mumbai to ensure coordination between offices on accounts preparation, meeting set deadlines and key performance indicator targets.
The department values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global cultural values.
You will be self motivated and organized with good communication and IT skills with the ability to work as part of a team as well as able to work individually using your own initiative to meet specific targets and objectives. You will also be able to provide assistance on accounting technical issues and train / mentor junior staff where required.
* ACCA qualified or equivalent
* Knowledge of IFRS, FRS, and UK GAAP
* Knowledge and experience in UK tax reporting arrangements
* Involvement with ad-hoc reporting for tax related matters
* Accounts preparation for a small number of Ultra High Net Worth clients
* Direct contact with clients and their representatives
* Regular reporting to the Centre Head, Executive Management Committee and Board of Directors.
* The team have a flexible and proactive approach and you will be expected to support the wider team by contributing to tasks outside of your day-to-day responsibilities where appropriate.
Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work
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Updated March 14, 2024
Updated March 14, 2024