Trust Accounting Manager – Insurance Sydney (Australia)

Trust Accounting Manager – Insurance Sydney (Australia)

31 Jul
|
Foundry Talent Partners
|
Australia

31 Jul

Foundry Talent Partners

Australia

Our client is a well-established insurance organisation with a significant presence in the Australian market. The business operates across several areas of the insurance value chain, with a solid focus on client money handling, regulatory compliance, and operational governance.
Trust accounting is a core part of the business, covering premium flows, trust monies, insurer settlements, and transactional finance activity across multiple entities. This creates a solid focus on trust governance, regulatory compliance, reconciliation integrity, cash management, and operational controls.
The organisation is investing heavily in finance transformation, process optimisation, technology, and shared services capability as it scales. This role plays a key part in that journey, leading the trust accounting function while driving process standardisation, automation, and continuous improvement across transactional finance operations.
Key Responsibilities
Lead the Group's trust accounting function across multiple entities and jurisdictions, including receipts, payments, journals and reconciliations
Own daily/weekly/monthly reconciliations, exception management, and monitoring of trust balances, cash movements and liquidity




Ensure segregation and safeguarding of client monies in line with regulatory obligations, and act as escalation point for trust compliance issues
Maintain internal controls, coordinate audits, and manage breach identification, investigation and remediation
Lead and develop onshore and offshore transactional finance teams, partnering with compliance, procurement and technology stakeholders
Drive process improvement, automation and finance transformation initiatives, including ERP and workflow platform optimisation
Deliver operational reporting and insights to senior management
Key Requirements
5–12+ years in trust accounting or transactional finance leadership
Solid grasp of trust accounting principles and financial controls
Experience leading high-volume, centralised accounts payable functions
Proven people leadership and team management
Strong reconciliation, analytical and problem-solving skills
ERP and financial workflow platform experience; advanced Excel
Insurance, financial services or other regulated-industry background desirable
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📌 Trust Accounting Manager – Insurance Sydney (Australia)
🏢 Foundry Talent Partners
📍 Australia

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