Senior Trust Accountant

Mackenzie Financial Corporation•Toronto, ON

2d•Hybrid

About The Position

The Senior Trust Accountant is responsible for overseeing complex trust accounting functions to ensure accuracy, timeliness, and compliance with applicable regulations. This role serves as a senior technical resource within the team, providing expert guidance, resolving complex issues, and supporting enhancements to processes and systems. The position requires strong analytical capability, sound judgment, and effective collaboration with both internal and external stakeholders.

Requirements

Bachelor’s degree in Accounting or a related field.
Typically 5+ years of progressive experience in trust accounting or financial services.
Advanced proficiency in MS Office, especially Excel and PowerPoint.
Strong analytical, problem‑solving, and attention‑to‑detail skills.
Excellent communication and interpersonal skills, with the ability to explain complex issues to non‑financial stakeholders.
Demonstrated ability to work independently, manage competing priorities, and collaborate effectively within a team environment.

Nice To Haves

Experience with accounting platforms such as SAP, Recon Frontier, or other reconciliation systems is an asset.
Familiarity with transfer agency systems such as SAS or Unitrax is an asset.

Responsibilities

Perform and review complex trust accounting activities, including transaction processing, cash flow reconciliations, journal entries, and financial reporting.
Monitor trust account balances and activity, identify discrepancies, investigate root causes, and ensure timely resolution.
Prepare, review, and validate financial statements and reports related to trust accounts.
Ensure all assigned tasks are completed accurately and within required timelines.
Serve as a subject matter expert on trust accounting principles, policies, and regulatory requirements.
Provide coaching, guidance, and knowledge sharing to Trust Accountants on accounting matters and exception handling.
Review work completed by Trust Accountants to ensure accuracy, completeness, and compliance with standards.
Collaborate with internal and external stakeholders—including auditors, legal, compliance, and business partners—to support audits, inquiries, and regulatory requirements.
Provide clear, reliable support and advice to internal partners on trust accounting matters.
Participate in continuous improvement initiatives to enhance trust accounting processes, controls, and operational efficiency.
Support the implementation and optimization of trust accounting systems, tools, and reporting solutions.
Identify opportunities to standardize workflows, strengthen controls, and reduce manual effort.
Assist management with special projects, analysis, and ad hoc reporting requests.