Role and Responsibilities:
- Manage the posting and maintenance of the Trust Ledger including interfaces and trade settlements.
- Manage the reconciliation of cash daily as well as bank and brokerage Statements.
- Manage the payment of bills for trust, estate, and agency accounts. This includes ACH payments and check payments to beneficiaries throughout the month.
- Verify updated market values on investment securities and post monthly, quarterly, and annual statements.
- Verification of new assets, new Person and Entity Files (PEFs) for vendors, and scheduled transactions.
- Oversees the timely distribution of estimated tax payments, CPA firm payments, and federal and state tax payments.
- Verify the Annual Cemetery Reports.
- Correspond effectively with clients, vendors, advisors, and accountants.
- Calculate Required Minimum Distributions.
- Review and respond to IRS Notices.
- Prepares and submits Trust tax packages to CPA Firm.
- Completes all training assigned by HR, IT, Compliance, BSA, and supervisor on a timely basis.
- Provides exceptional customer service.
- Prompt and regular attendance.
- Set goals for making referrals to contacts in the community.
- Has a helpful attitude with co-workers and customers.
- Strives to improve efficiency in his/her work area through cost savings.
- Performs other tasks assigned by supervisor.
- Follows the IT Security Policies and Procedures, including the diligent reporting of phishing emails.
Supervisory Responsibilities:
- Oversees the daily workflow of the department.
- Interviews and trains new associates in the department
- Provides constructive and timely performance evaluations.
- Coordinates discipline and termination of associates in accordance with company policy.
- Ability to prioritize and delegate tasks.
Qualifications and Education Requirements:
- Bachelor's degree in accounting or related field
- 5-years of experience in accounting
- Public Accounting or a Certified Public Accountant (CPA) is preferred.
Preferred Skills:
- Excellent verbal and written communication skills
- Strong supervisory and leadership skills
- Tact and public relations expertise
- Excellent customer service skills
- Proficient in Microsoft Office Suite or related software
- Basic understanding of investment securities
- Thorough understanding of accounting principles and procedures
- Ability to perform Internet research.
- Valid driver's license and clean driving record
Commercial Bank and Trust Company is an Equal Employment Opportunity Employer-M/F/Vets/Disabled.