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...