Role Summary
The Trust Accountant is
responsible for preparation and submission of appropriate financial documentation as part of the daily execution of accounting tasks for segregated portfolios and funds and assists Accounting Manager as required, aimed at ensuring timely and accurate delivery of client and regulatory reports, in accordance with internal policies, standards, and regulations.
Main Duties and Responsibilities:
Prepares fair and complete financial statements that comply with generally accepted accounting principles, regulatory requirements and industry practices.
Ensures timely and accurate NAV calculation for the various funds of ATRAM.
Prepares applicable tax forms of the segregated portfolios and funds and ensures timely and accurate remittance to BIR
Responsible for daily price uploads for daily market revaluation.
Responsible for daily, monthly and quarterly client and regulatory reporting requirements.
Assists in preparation and review of monthly fees and schedule of fees due, prepares fee billing to clients.
Supports accounting team during financial audits.
Comply with regulatory requirements, company and group policies; maintain compliance awareness. Prepare and submit audit requirements for internal, external and BSP audit.
Liaise religiously with counterparties for concerns/issues/updates regarding operational processes.
Competencies required:
Knowledge of the banking and financial services industries and asset management products
Knowledge of trust and investment regulations and asset management industry trends
Efficient and thorough; strong attention to detail with the ability to multitask and prioritize in a deadline-driven environment; firm commitment on quality and excellence.
Excellent interpersonal skills, able to develop relationships with multiple stakeholders throughout an organization
Excellent communication skills (both written and verbal)
Self-motivated, able to work independently in a relatively unstructured environment
Proficiency with MS Office applications particularly MS Excel, PowerPoint and Word, as well as familiarity with trading systems (Bloomberg etc.)
Knowledge of accounting and financial concepts, experience with bank accounting and financial statement analysis
Well conversant with accounting standards (IFRS GAAP)
Ability to identify and resolve potential issues / problems
High level of integrity
Education and experience required:
Relevant educational qualifications, particularly a university degree in accountancy
At least 1-3 years of relevant work experience, particularly in accounting operations in banking, investments or trust industry