Staff Accountant — Custodial Accounting
$35,000–$38,000 year
Remote
Job Summary
Prepare monthly reconciliations and analysis of custodial accounts, ensuring accurate recording of client assets, cash transactions, deposits, withdrawals, transfers, and balances. Monitor custodial account activity, investigating and resolving discrepancies or reconciling items in a timely manner, while managing daily cash receipts and maintaining accurate records of all custodial cash movement. Ensure all custodial transactions are properly documented and recorded in accordance with company policy and regulatory requirements, supporting the safeguarding of client assets through strong internal controls. Monitor aged receivables, communicate professionally with clients on outstanding balances, and support collection efforts while maintaining positive client relationships. Participate in internal audits, compliance reviews, and process improvement initiatives to strengthen financial controls over custodial funds and client assets. Partner with operations, client service, and management teams to resolve accounting issues and improve financial processes. Identify opportunities to automate or streamline accounting and reconciliation procedures. Communicate effectively with internal stakeholders, financial institutions, auditors, and external vendors.
Required Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or related field
- 2+ years of accounting experience, preferably involving cash management, reconciliations, or custodial/client account administration
- Strong understanding of GAAP and accounting principles
- Advanced proficiency with Microsoft Excel and Microsoft Office Suite
- Excellent analytical, organizational, and problem-solving skills
- Strong written and verbal communication abilities
- Ability to manage multiple priorities while maintaining a high level of accuracy
- Demonstrated attention to detail and commitment to maintaining confidential information
Desired Qualifications
- Experience with general ledger accounting, account reconciliations, and financial reporting
- Strong understanding of cash reconciliation and treasury management activities
- Ability to work independently while contributing as a collaborative team member
- Experience working with custodial accounts, trust accounts, escrow accounts, client funds, or similar financial structures
- Knowledge of financial services, asset management, trust operations, or custody-related accounting practices
- Experience with Sage Intacct
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