Job Description
Accounting and Reporting
- Reviews and validates the accuracy and reasonableness of accounting entries prepared by the third-party outsourcing partner, including transactions such as securities trading, fixed income maturities and coupon payments, portfolio valuation and mark-to-market adjustments, as well as income and fee accruals.
- Prepares regulatory reports in compliance with applicable laws, standards, and reporting requirements for fiduciary and trust operations.
- Generates monthly, quarterly, and annual fiduciary financial statements.
- Prepares client reports, including the Balance Sheet, Income Statement, Investment Activity Report, Return on Investment Report, and Schedule of Earning Assets/Investments, ensuring the accuracy of account balances, asset valuations, and all reports issued to clients.
- Handles preparation of tax schedules, certificates, and billing invoices for clients.
- Creates and posts journal en...