Senior Manager Trust Accounting

Job Title - Senior Manager Trust Accounting 

Location - Etobicoke, ON M8X 2X9 (Hybrid) 

Job Type - Full-Time  

Salalry - $115K to $130K Per Annum

Description: 
This position was created due to the expansion of the business from supporting 3 countries to 7 countries, increasing regulatory oversight, and the need for additional leadership capacity. The successful candidate will oversee trust accounting operations, regulatory compliance, governance, controls, and business resiliency activities supporting the movement of large amounts of money annually across multiple global regions. This is a highly visible leadership role with a clear succession path, as Client is looking to develop this individual into a Director-level leader within the next 1-2 years. The role requires a blend of operational accounting expertise, people leadership, regulatory oversight, strategic thinking, and executive-level stakeholder management. 

Day-to-Day Responsibilities:

The Senior Manager, Trust Accounting will lead a global team responsible for trust accounting operations, reconciliations, controls, governance, and compliance oversight supporting Cliet’s International Money Movement business. They will oversee approximately 6-7 Toronto-based employees along with offshore resources in Hyderabad and Chennai, while partnering closely with Compliance, Money Movement Operations, Technology, Legal, and senior business leaders across multiple countries. The role involves reviewing operational processes, identifying control gaps and risks, overseeing accounting controls and reconciliations, supporting regulatory compliance initiatives, and ensuring the organization remains audit and regulator-ready. This individual will also drive process improvements, strengthen governance frameworks, support business resiliency and disaster recovery planning, develop long-term operational strategies, and help prepare the organization for future growth and geographic expansion. Client is looking for a hands-on leader who can both manage day-to-day operations and think strategically about where the business needs to be in the next 3-5 years.

Must-Haves:

• CPA designation (required)


• 8+ years of progressive accounting, finance, trust accounting, fund accounting, or operational accounting experience


• Strong people leadership experience managing teams in regulated environments


• Experience leading managers or senior professionals


• Financial Services, Banking, Insurance, Fund Accounting, Payments, or similar regulated industry experience


• Strong operational accounting background with deep understanding of controls, reconciliations, and governance


• Experience working within regulatory and compliance-heavy environments


• Exposure to FINTRAC, AML, Payment Services regulations, or similar regulatory frameworks


• Proven ability to influence stakeholders without direct authority


• Strong verbal and written communication skills


• Strategic mindset with ability to plan 3-5 years ahead


• Strong stakeholder management and executive presence


• Ability to identify risks, control weaknesses, and process improvement opportunities


• Comfortable being a hands-on, working leader

Plusses:

• Experience supporting trust accounting functions


• International or global operations experience


• Experience leading geographically dispersed teams


• Experience managing SOX, SOC1, audit, or compliance frameworks


• Business resiliency or disaster recovery experience


• Experience supporting large-scale money movement, payroll, payments, or treasury operations


• MBA or advanced business degree


• Experience building succession plans and leadership pipelines


• Experience leading organizational growth or transformation initiatives

Why This Role Is Open:

• Team has expanded from 3 countries to 7 countries


• Increased regulatory oversight and compliance requirements


• Need for additional leadership capacity


• Long-term succession planning initiative


• Client is seeking a future Director-level leader

We may use AI-enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing.

The Company offers a total rewards package in accordance with all applicable federal, provincial, and local laws and requirements. Benefit eligibility and offerings vary based on role, employment status, and work location. For contractor positions, benefits are limited to those entitlements and protections required by applicable law, which may include (as applicable) vacation pay, public holidays, leaves of absence, and other legally mandated benefits or payments.