Trust Accountant
Oversee trust accounts and ensure any related accounting processes are compliant.
Job opportunities
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Jobs in SEEK right nowJob growth
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5-year projectionSalary
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Typical salaryJob satisfaction
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Job opportunities
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Jobs in SEEK right nowSalary
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Typical salaryJob growth
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5-year projectionJob satisfaction
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On this page
- What's it like to be a Trust Accountant?
- How to become a Trust Accountant
- Latest Trust Accountant jobs
- Top skills and experience for Trust Accountants
- Trust Accountant role reviews
What's it like to be a Trust Accountant?
Trust Accountants are responsible for overseeing trust accounts and ensuring that all accounting processes related to trusts are completed in accordance with statutory requirements.
Tasks and duties
- Prepare, process and reconcile accounts, invoices, payments and month-end reporting, including profit and loss statements.
- Assist with GST and BAS lodgement, as well as budgeting and forecasting reports.
- Support senior staff members as required and liaise with external accountants and shareholders.
How to become a Trust Accountant
To work as a Trust Accountant in Australia, a bachelor degree in the financial field is desirable.
- Complete a bachelor degree in the field of accounting. This could be a Bachelor of Accounting or a Bachelor of Business (majoring in Accounting). These are usually three year courses and are open to anyone who is 17 years of age or older and has completed year 12 with the necessary Universities Admission Index.
- A Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification is desirable for many employers. Gather professional experience in property, trusts, finance, accounting or business and undertake professional development activities each year. Complete a Graduate Diploma of Chartered Accounting (GradDip CA) or a CPA program.
Compare your salary
Find out how your salary compares with the average salary for Trust Accountants.Latest Trust Accountant jobs on SEEK
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Trust Accountant employers on SEEK are looking for job seekers with expertise in the following areas. Trust Accounting
Real Estate
Receipting
Reconciliations
Bank Reconciliations
Accounting Software
Invoicing
Property Tree
Commercial Trusts
Accounts Payable
Source: SEEK job ads and SEEK Profile data
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Latest Trust Accountant reviews
May 2021
Being a Senior Trust Accountant is great, but not so good when your assistant isn't helpful
Reviewer's QualificationBachelor of Commerce
Experience1 – 4 years
Organisation sizeSmall (1-19 employees)
SpecialisationFinance
The good thingsIn my current role with this company, there is a diverse range of tasks which keeps me busy & assists with extending my skills/knowledge in different ways.
The challengesThe only challenge in my current role is dealing with my assistant. Being a senior trust accountant, I would expect my assistant to help out when necessary & take care of tasks allocated to her, but i...
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Oct 2018
Trust accounting is not though but have to work in small volume company, else will be a nightmare!
Reviewer's QualificationBachelor of Accounting/Bachelor of Finance
Experience1 – 4 years
Organisation sizeSmall (1-19 employees)
SpecialisationTrust accounting
The good thingsAs I’m working in a small organization, the work volume is not that high and with a very kind, supporting boss, thus no work pressure.
The challengesMust have quick response, multitasking and prioritize your work to meet deadline
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SEEK has not verified the truth or accuracy of these comments and does not adopt or endorse any of the comments posted on this page.SEEK collects and posts the comments for what they are worth and for information purposes only to assist candidates to find employment through www.seek.com.au
