Trust Accountant

The Salvation Army an international movement is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.

We are the largest non-governmental provider of social services in America and every year we help over 30 million Americans overcome poverty homelessness addiction economic hardships loneliness and exploitation through a wide range of programs and services.

The Trust Accountant is principally responsible for assisting the Senior Investment Accountant with the accounting reporting and analysis of the Salvation Armys $2 billion investment portfolio. This role ensures accurate financial reporting compliance with accounting standards and effective monitoring of investment activity. The Trust Accountant will also assist the Trust Assistant Accountants in the processing of Trust deposits and Trust withdrawal requests.

Based in West Nyack NY this position requires approximately 35 hours of work per week and is eligible for a hybrid work arrangement (3 days onsite/ 2 days remote) after three months of employment.

Investments
Perform daily monthly quarterly and/or annual preparation/reconciliations of key reports including but not limited to portfolio reconciliation investment earnings reallocation rate of return analysis investment and rollforward schedules investment consultant performance analysis and investment manager fee calculations.
Maintain detailed investment accounting records inclusive of review of capital calls and distributions recording.
Retrieve supporting statements from custodial platform (BNY).
Prepare wire transfers (BNY NEXEN) and obtain authorization from Department Leadership.
Prepare investment master plan re-allocation and summary reports and other necessary forms for management review.
Communicate with investment custodian external investment consultant and portfolio managers for information requests and inquiries.
Monitor monthly BNY Mellon Capital Markets brokerage accounts for THQ and Commands.
Prepare monthly 1964 employee pension plan journal entries monitor cleared payments deposits and general ledger (GL) accounts.
Assist with preparation of investment-related footnotes and financial statement disclosures.
Support annual external audit including preparation of audit schedules.

Trust Processing
Assist with preparation of Trust deposits for entry into the GL. This includes but is not limited to contributions legacies and bequests third party trust income property sales and intercompany transfers.
Assist with preparation of Trust withdrawal requests. This includes both property and non-property related transactions.
Review analyze and reconcile Trust funds on a monthly basis including suspense and construction reserves.

Bachelors degree (accounting preferred).
3 years of experience in general accounting or finance.
Familiarity with SylogistMission ERP a plus.
Experience in investment accounting recommended.
Advanced Excel skills; proficiency in data analysis and reporting.
Strong analytical problem-solving and organizational skills.
Effective communication skills verbally and in writing.
Ability to work as a team and collaborate with other stakeholders.
Maintain a high level of professionalism and confidentiality.

What We Offer

• Generous Medical Dental Vision Benefits
• TSA paid Life Insurance for Employees
• Additional life insurance options for employees
• On-site cafeteria
• Paid Time Off Vacation Sick Personal days
• 403(b) retirement savings plan
• Non-contributory Pension Plan
• Professional Development
• Free on-site Fitness Center
• Federal holidays
• Opportunities to give back and support our communities

All qualified applicants will receive consideration for employment without regard to race color sex national origin disability or protected veteran status.