Senior Trust Accountant

Requisition ID: 254686

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Senior Trust Accountant contributes to the overall success of the Trust Accounting department ensuring specific individual goals, plans & initiatives are executed and delivered in support of the team’s business strategies and objectives. They will ensure all activities conducted are in compliance with governing regulations, internal policies, and procedures.

Is this role right for you? In this role you will:

• Review, approve and submit manual payments involving million-dollar exposure to clients, custodians & FundServ
• Review other team member’s journal entries for completeness and accuracy
• Work with the team to prepare analysis of various general ledger accounts and follow up with outstanding items to ensure timely clearing with multiple stakeholders by liaising with internal parties
• Reconcile and balance daily transactions for all funds, resolving complex discrepancies independently and escalating outstanding issues appropriately
• Confirm the accuracy of the journal entries posted & once completed, upload the entries into the Access database and produce the trial balance & review for completeness and accuracy
• Prepare bank reconciliations (CAD and USD), which includes updating the outstanding cheque lists
• Conduct daily/weekly/monthly tasks as assigned in the successful operation of department and act as the backup for the Assistant Manager
• Participate in special projects and other administrative duties as required

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• A bachelor’s degree in finance or accounting, working towards CPA is considered an asset
• 3-5 years’ experience in the mutual funds industry preferably in client admin, fund or trust accounting
• Experience working with iFAST is an asset
• Proficiency in MS Office (i.e., Excel & Word) is required
• Experience working in a fast-paced environment with tight deadlines
• Strong attention to detail
• Effective communication skills both written and verbal

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.