Senior Investment Accountant - Chicago, United States - Tawani Enterprises

Description

POSITION DESCRIPTION SUMMARY STATEMENTThe Senior Trust Accountant is responsible for the preparation of multiple trust and investment accountings, reconciling bank and brokerage statements, assist with annual audit requests, general administrative duties to support trust and accounting, and special projects as assigned.

This person will also be an integral part of the new investment software implementation and transition process. Position will work with a variety of departments including Finance and Tax.

ESSENTIAL POSITION QUALIFICATIONS4 year Accounting Degree required5+ years of general accounting experience, including exposure to reconciliations and various transactional workPrior trust, investment partnerships experience required and/or tax and securities business experience a plusProficient with Microsoft Office including Word, Excel, and OutlookExtremely detail oriented and organized; ability to multi-task, problem solve, and self-startAbility to work in a team environmentStrong verbal and written communication skillsDrive for continuous improvement with a strong operational focus and aim to improve processes and efficienciesASSIGNED RESPONSIBILIES AND DUTIESReconcile outside custody statements to Companys internal trust accounting systemEstablish security records as needed on the trust accounting systemWork with investment team and other internal staff to gather data necessary for accounting of various transactionsResponsible for recording disbursement transactions, receiving income, and processing trades and various types of other securities transactionsProcess accounts payables for the trusts and various entitiesMonitor cash balances and maintain cash requirements with daily check and ACH processing and bank depositsReconcile bank/trust accounts for each bank on a monthly basisReconciling items and variances should be researched and resolved in a timely fashionReconcile quarterly custodian and investment feesPrepare and review of monthly, quarterly, and annual financial statements for trusts and investment entitiesReview and analyze GL transactions and accounts, using technical judgement to ensure that financial transactions are properly recordedProvide various reporting to management on a monthly basisProvide continuous review of processes to ensure compliance with regulatory/audit requirementsAssist in the completion of the annual audits, including creating schedules, providing supporting documentation and provide timely resolution of requests and questions.

Assemble yearly trust tax notebooks and assist Tax Department with reporting requestsAssist with the new accounting/investment system implementation and transitionPrepare and input journal entries for posting ensuring that all transactions are properly recorded.

Maintain organized records regarding communication with business unit representatives and internal/external meetings.#J-18808-Ljbffr