Trust Accountant
- Toronto, Canada
- On-site
- Negotiable
Others
Deadline: 08 Jan, 2026
- Posted: 1 month ago
- Vacancy: 1
Who We Are:
Headquartered in Toronto, Canada, IFDS is a global provider of outsourcing and technology solutions for the financial services industry. IFDS serves over 240 financial organizations worldwide, supporting more than 17 million accounts with approximately CAD 4 trillion in assets under administration (AUA).
Role Overview:
Trust Accountants at IFDS are responsible for managing trust accounts for multiple clients and ensuring all trust-related accounting activities are completed in compliance with statutory and regulatory requirements.
Key Responsibilities:
Review and reconcile daily cash activity in trust and commission bank accounts
Balance incoming and outgoing cash against processed transactions
Reconcile commissions, dividends, trailer fees, and distributions
Calculate amounts and prepare reporting letters for fund custodians and clients
Prepare, mail, or wire payment cheques
Liaise with Operations teams, State Street Bank, custodian banks, clients, and broker/dealers
Analyze reports to identify exceptions and resolve discrepancies
Enter cash, transfer, and other transactions using automated systems
Maintain accurate files, records, and reports
How To Apply:
Submit your resume and a short introduction to the Manager: falvisi@ifdsgroup.com