Senior Accountants

Human Resources Manager at Commonwealth Trust Company

Commonwealth Trust Company is looking for Staff and Senior Accountants. The primary function of the Staff and Senior Accountant is to assist in maintaining the accounting of the trusts for which Commonwealth Trust Company serves as trustee.

It is the responsibility of the Operations Department, to assure that the company’s fiduciary responsibilities are properly discharged as they relate to all areas of trust accounting, clients are served expeditiously and professionally, and that the company’s business is conducted in such a way as to accomplish our client’s goals without creating undue risk to CTC. It is necessary to combine exemplary client service with diligent risk management.

• Prepares monthly, quarterly & annual trust accountings for assigned book of business
• Responsible for weekly posting of trust sales/deposits/withdrawals for book of business
• Responsible for daily review of Trust Reconciliation Report to ensure accounts are in balance and providing feedback on errors to Data Analysts
• Calculates monthly, quarterly, and annual distributions for assigned book of business, as required
• Responsible for maintaining Commonwealth Trust Company’s wire log, rotation among other Staff Accountants
• Prepares Amortization Schedules for Notes Payable/Receivable within the Trusts, with oversight from Senior Accountants
• Verifies bank and brokerage account balances for distributions and fund transfers, rotation among other Staff Accountants
• Prepares monthly, quarterly & annual trust accountings for assigned book of business, including foreign currency, options, multiple brokerage accounts
• Reviews trust accountings for a limited book of business following completion of training and mastery of preparation
• Provides review notes and feedback to Staff Accountants
• Reviews weekly postings of trust sales/deposits/withdrawals for book of business
• Reviews monthly, quarterly, and annual distributions calculations for assigned book of business, as required
• Reviews Notes Payable and Receivable
• Reviews Event Memos
• Prepares Amortization Schedules for Notes Payable/Receivable within the Trusts
• Performs Annual Review for Accountings
• Completes all Accounting tasks for Trust Closing

• Organization
• Attention to Detail
• Problem Solving
• Professional Communication

• Must have a bachelor’s degree in accounting
• Must have advanced knowledge of Microsoft Excel, and Intermediate knowledge of other Microsoft Office applications
• Prior experience in Accounting or Audit preferred
• More than four years prior experience in Accounting or Audit required
• Public Accounting experience preferred
• Past experience with Trust Accounting software preferred

• Must be detail oriented and have strong problem solving and communication skills.
• Excels at developing and maintaining good working relationships with colleagues and clients.
• Demonstrates an excellent work ethic, high standards, integrity and understanding of the importance of confidentiality.
• Works effectively with other team members and departments and functions well with independent responsibilities.
• Must have excellent organizational skills.
• Must have the ability to learn and master new technologies quickly.

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.

Associate

Full-time

Accounting/Auditing

Accounting, Financial Services, and Banking