Trust Clerk creates and maintains trust account records, notices and reports. Prepares expense checks and may administer charge fees according to the requests of account administrator. Being a Trust Clerk may require an associate degree. Typically reports to a supervisor. The Trust Clerk may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)
Job Duties:
· Posts and reconciles payments received on annuity loans.
· Provides quotes for new annuity loans to annuity/pension specialists.
· Prepares and distributes monthly annuity loan statements.
· Reconciles bank and investment statements for assigned Trust Accounts, and prepares/posts adjustments to General Ledger
· Monitors contribution deposits to assigned Trust Accounts including reconciliation, correspondence preparation, adjusting entries and transferring entries necessary to correct errors from reconciliations, employer remittance reports, etc.
· Provides back up services for other Trust Accountant, and vice versa – for role coverage while one is out of the office.
· Performs other duties as assigned.
Minimum qualifications:
· 5 years of experience utilizing computerized accounting systems
· Working knowledge of basic office equipment
· Proven track record of positive interpersonal communications with internal and external clients
· Demonstrated ability to stay calm and professional within all communications.
· Proven ability to accurately and timely review and edit documents.
· Utilize computer and phone systems to be able to effectively perform the essential functions of the position.
· Proficiency in utilizing Microsoft Office software – Excel, Word, and Outlook
· Proficiency in using and editing in Adobe.
· High school diploma or G.E.D
Preferred qualifications:
· Experience using Netsuite
· 5 years of accounting experience within a TPA environment
· Experience with reconciling bank and investment accounts.
· Experience working with loans and annuities a plus.
Job Type: Full-time
Pay: $65,000.00 - $82,500.00 per year
Benefits:
Experience level:
Schedule:
Ability to Relocate:
Work Location: In person
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