Trust Accountant

Details of the offer

Company: Baxian Trust (Labuan) LimitedLocation: Financial Park Labuan Job DescriptionSet up and maintain book-keeping and accounting records for each trust and underlying company(ies) of each trust.Set up chart of accounts for each entity.Ensure proper accounting records/ files are maintained and updated in hard and soft copies.Agree with trust managers the frequency with which accounting information is posted either monthly, quarterly or annually for each trust to enable target date for full accounts to be produced.Posting journal entries, word processing amendments and notes to accruals.Ensure receipt of monthly bank statements are properly recorded.Monitor flows of funds including infusions, distributions, investments and loans. Liaise with relevant persons on nature, purpose of infusions and distribution. Review trusts documents where necessary.Ensure all transactions are supported by documents and ensure funds are applied in accordance with terms of trust documents.Clarify with relevant persons with regards to undocumented transactions and escalate / report all suspicious.Review financial statements and reconcile with existing information and ensure they are ready for relevant filings e.g. AGMs.Review tax computations for annual / tax filings.Compute figures for regulatory filings such as FATCA, CRS, MAS filings & questionnaires.Assist with implementation of accounting systems / software. RequirementPossess Diploma/ Degree in Finance and Accounting or equivalent qualification.At least 5 years of experience in accounting.Possess knowledge in Financial instrument and derivative instrument.Preferably with experience working in Trust Services company.Good English communication skills– both written and verbal.Strong organizational and time management skills.


Nominal Salary: To be agreed

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