About this role
Trust Administrator – Cleveland, OH
Trust Administration | Fiduciary Accounting | Financial & Tax Administration
Compensation: $85,000+
Salary negotiable based on experience.
Aligned Talent Acquisition is recruiting for an experienced Trust Administrator with a strong background in financial administration, fiduciary accounting, and trust-related tax matters to join a well-established Cleveland law firm's sophisticated Trusts & Estates practice.
This position is ideal for someone who enjoys the financial side of trust administration, including managing trust assets, processing distributions, overseeing financial transactions, and coordinating fiduciary tax responsibilities.
The selected candidate will work closely with attorneys, fiduciaries, beneficiaries, financial institutions, and tax professionals to ensure accurate and efficient trust administration.
Ideal Background
Trust Financial Administration: Managing trust accounts, monitoring assets, processing deposits, paying bills, and overseeing financial transactions.
Beneficiary Distributions: Calculating distributions, processing payments, and ensuring distributions comply with trust documents.
Trust Funding: Assisting with funding trusts, transferring assets, and coordinating with financial institutions.
Fiduciary Accounting: Preparing or assisting with trust accountings, reconciling financial activity, tracking income and expenses, and maintaining accurate financial records.
Fiduciary Tax Administration: Experience calculating or coordinating estimated tax payments, gathering tax information, and assisting with trust tax reporting.
Trust Tax Returns: Familiarity with Form 1041 (U.S. Income Tax Return for Estates and Trusts) and related fiduciary tax documentation.
Tax Forms & Documentation: Familiarity with Forms 56, SS-4, and 2848 is highly desirable.
Professional Coordination: Working with attorneys, accountants, financial advisers, banks, and beneficiaries on financial and administrative matters.
Additional Qualifications
Previous experience in trust administration, fiduciary services, estate administration, trust accounting, or a related financial administration role.
Strong understanding of trust financial transactions and fiduciary responsibilities.
Excellent organizational, analytical, and problem-solving skills.
High level of accuracy and attention to financial detail.
Ability to independently manage multiple trusts, deadlines, and financial responsibilities.
Experience with GEMS, FAS, Centerbase, or similar systems is a plus; training is available.
Candidates with experience in bank trust departments, wealth management firms, fiduciary services, or law firm trust administration are encouraged to apply.
Why Consider This Opportunity?
$85,000+ starting salary, negotiable based on experience
Opportunity to work on sophisticated trust and estate matters
Health, dental, vision & HSA benefits
401(k) + profit sharing
Life, disability & AD&D insurance
Vacation & PTO
Cell phone allowance & EAP benefits
Flexible environment with 2 work-from-home days per month