Reviews and validates the accuracy and reasonableness of accounting entries prepared by the third-party outsourcing partner, including transactions such as securities trading, fixed income maturities and coupon payments, portfolio valuation and mark-to-market adjustments, as well as income and fee accruals.
Prepares regulatory reports in compliance with applicable laws, standards, and reporting requirements for fiduciary and trust operations.
Generates monthly, quarterly, and annual fiduciary financial statements.
Prepares client reports, including the Balance Sheet, Income Statement, Investment Activity Report, Return on Investment Report, and Schedule of Earning Assets/Investments, ensuring the accuracy of account balances, asset valuations, and all reports issued to clients.
Handles preparation of tax schedules, certificates, and billing invoices for clients.