Trust officer vs finance manager

Differences between trust officer and finance manager duties and responsibilities

Trust officer example responsibilities.

• Manage personal trusts, special needs trusts, conservatorships, charitable remainder trusts and estates.
• Manage processing transfer requests of new IRA accounts and the corresponding follow up and collection activities.
• Achieve this through aggressive sales calling on CFO's of large corporations, attorneys, CPAs and political officials.
• Manage the day to day affairs of various personal trust relationships, IRAs, custodial accounts, powers of attorney.
• Manage portfolio of accounts consisting of housing, transportation, education and industrial development of both municipal and corporate issuers.
• Contact clients, financial advisors, payroll companies and CPA's regarding items in question.
Show more

Finance manager example responsibilities.

• Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
• Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
• Lead successful sales team and provide direct oversight on overall dealership business profitability.
• Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
• Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
• Execute simple SQL queries to validate data in tables.
Show more