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Trust Account Jobs (NOW HIRING)

Trust Accountant

Cleveland, OH · Hybrid

$84K - $102K/yr

Essential Functions: 1. Oversee all trust account activities including deposits, disbursements, wire transfers, and check processing in compliance with firm policies and applicable trust accounting ...

Support the administration of trust accounts within assigned book through demonstrated proficiency and sound judgment in exercising fiduciary discretion. * Serve as primary point of contact for the ...

Trust Administrator

Wilmington, DE · On-site

$24.87 - $41.45/hr

Support the administration of trust accounts within assigned book through demonstrated proficiency and sound judgment in exercising fiduciary discretion. * Serve as primary point of contact for the ...

Trust Accountant

Cleveland, OH · On-site

$84K - $102K/yr

Essential Functions: 1. Oversee all trust account activities including deposits, disbursements, wire transfers, and check processing in compliance with firm policies and applicable trust accounting ...

... account activity including deposits, disbursements, wire transfers, and check processing • Perform daily, weekly, and monthly trust account reconciliations and resolve discrepancies • Monitor ...

... account activity including deposits, disbursements, wire transfers, and check processing • Perform daily, weekly, and monthly trust account reconciliations and resolve discrepancies • Monitor ...

This role can service private and corporate trust accounts. Trust Office Manager Qualifications: * Bachelor's degree or equivalent. * JD and/or Masters degree preferred * 5+ years of relevant trust ...

Oversee the administration of trust accounts, including establishing trusts, managing trust assets, and ensuring compliance with trust agreements and applicable laws. * Client Relationship Management

Oversee the administration of trust accounts, including establishing trusts, managing trust assets, and ensuring compliance with trust agreements and applicable laws. * Client Relationship Management

This position supports the day-to-day administration of trust accounts and client relationships. You will work closely with Trust Officers to assist with client service, account administration ...

Ensure estate and trust accounts are properly funded to meet tax and expense obligations, coordinate fund transfers when necessary * Prepare receipts and releases related to estate and trust ...

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Trust Account information

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$29.5K

$65.8K

$106K

How much do trust account jobs pay per year?

As of Jul 17, 2026, the average yearly pay for trust account in the United States is $65,816.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $78,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced when managing trust accounts, and how can they be addressed?

One of the main challenges in managing trust accounts is maintaining strict compliance with legal and ethical guidelines, as even minor errors in record-keeping or handling client funds can have serious consequences. Professionals in this role must ensure accurate transaction tracking, regular reconciliation, and timely reporting to avoid discrepancies. Effective use of specialized trust accounting software and ongoing training on regulatory changes can help address these challenges. Additionally, clear communication with clients and other team members is crucial for transparency and efficient workflow.

What is the difference between Trust Account vs Bookkeeper?

AspectTrust AccountBookkeeper
Required CredentialsOften requires certification or licensing depending on jurisdictionTypically requires bookkeeping certification or relevant experience
Work EnvironmentFinancial institutions, law firms, real estate agenciesSmall to large businesses, accounting firms
Employer & Industry UsageLegal, real estate, financial sectorsVarious industries including retail, healthcare, and services

While both Trust Account managers and Bookkeepers handle financial records, Trust Account specialists focus on managing client funds held in trust, often requiring specific certifications. Bookkeepers maintain general financial records for businesses. The roles overlap in record-keeping but differ in scope and regulatory requirements.

What is a trust account?

A trust account is a special type of financial account that is managed by one party (the trustee) on behalf of another party (the beneficiary). These accounts are commonly used by lawyers, real estate agents, and other professionals to hold funds that belong to clients or third parties, ensuring the money is kept separate from the business’s own funds. Trust accounts are highly regulated and must follow strict rules to prevent misuse or commingling of client funds. They provide transparency and protection for all parties involved in financial transactions.

What does a trust accountant do?

A trust accountant manages and oversees trust accounts, ensuring accurate record-keeping, compliance with legal requirements, and proper handling of client funds. They prepare financial statements, reconcile accounts, and may use accounting software to track transactions and maintain transparency within legal and ethical standards.

What is the highest paid type of accountant?

For trust accountants, senior roles such as Trust Accounting Managers or Certified Public Accountants (CPAs) specializing in trust and estate planning tend to have the highest salaries. These positions often require advanced certifications, experience, and expertise in legal and financial regulations, leading to higher compensation compared to entry-level roles.

Can you make $500,000 a year as an accountant?

Earning $500,000 annually as an accountant is possible but typically requires senior-level positions such as CFO or partner in large firms, extensive experience, specialized skills, and often a CPA certification. Most accountants earn significantly less, with high earners often working in executive or specialized roles in large organizations. Achieving this income level usually involves advanced responsibilities, leadership, and a strong professional network.

Is trust accounting hard?

Trust accounting can be complex because it involves managing and reconciling client funds separately from business accounts, often requiring attention to detail and knowledge of legal and regulatory requirements. Accuracy and organization are essential, and familiarity with accounting software or spreadsheets can help manage the workload effectively.

What are the key skills and qualifications needed to thrive as a Trust Account Manager, and why are they important?

To thrive as a Trust Account Manager, you need a solid background in finance or accounting, attention to detail, and knowledge of trust laws and regulations, typically supported by a relevant degree or certification such as CPA or CTFA. Familiarity with trust accounting software, financial reporting systems, and compliance tools is essential. Strong analytical skills, integrity, and effective communication set outstanding professionals apart in this role. These competencies ensure proper management of client assets, regulatory compliance, and the building of trusted client relationships.
More about Trust Account jobs
What are the most commonly searched types of Trust Account jobs? The most popular types of Trust Account jobs are:
Infographic showing various Trust Account job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 10% Part Time, and 4% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $65,816 per year, or $31.6 per hour.
Trust Accountant

Trust Accountant

Benesch

Cleveland, OH • Hybrid

$84K - $102K/yr

Full-time

Re-posted 15 days ago


Job description

Who We Are

At Benesch we pride ourselves on exceeding expectations and building trust not only with our clients but with our employees - Benesch's #1 asset. Committed to providing not only the highest level of legal service to our clients, Benesch also aspires to create a positive work environment for our employees. Our Firm continues to earn placement on Chicago and Cleveland's Top Workplaces list, along with Cleveland's NorthCoast 99 Top Workplaces rankings. We also continue to advance on the AmLaw 125 list, placing us among the top 125 law firms in the country.

Benesch is proud to be recognized for being a Firm that attracts and retains top talent - making Benesch a great place to work. We offer a hybrid schedule, career development and growth, transparent and visible leadership teams, and a place where diversity, equity and inclusion is celebrated. In addition, the Firm offers a full array of benefits which can be viewed at www.mybeneschbenefits.com.

Working with Us - Come and "Be Benesch!"

We are one of the fastest growing firms in the nation, and have offices in Cleveland, Chicago, Columbus, San Francisco, New York City, and Wilmington. We continue to expand our geographic footprint and value the talent that comprises each of our locations. If you are someone who champions a First in Service approach and are ready to be part of an exciting and growing Firm, we would invite you to apply to join our team.

Want to know more? To hear from some of our team, click here: https://www.beneschlaw.com/careers/index.html

Benesch is proud to announce the opening for a Trust Accountant in our Cleveland office! This position is hybrid and has work from home flexibility.

Position Summary:

Do you have 5+ years of trust accounting experience?  Do you have a solid working knowledge of IOLTA regulations and state bar trust accounting rules?  Are you seeking a challenging position that is looking to tap into your expertise and focus your knowledge in the area of IOLTA accounting?  Then our Trust Accountant position may be the role for you. This position is perfect for the experienced fiduciary professional who is looking for an opportunity to work within the defined area of trust accounting.  Join Benesch and play a pivotal role in shaping the financial success of our organization.

The Trust Accountant is responsible for the integrity, compliance, and daily operations of our client trust accounts. This role plays a critical part in maintaining the integrity of client trust balances, ensuring proper segregation of funds, and supporting monthend reconciliation activities. This role works closely with firm leadership and attorneys and carries significant responsibility for maintaining the firm's compliance with state bar trust accounting requirements.

Essential Functions:

1. Oversee all trust account activities including deposits, disbursements, wire transfers, and check processing in compliance with firm policies and applicable trust accounting regulations

2. Perform daily, weekly, and monthly trust account reconciliations, including identification and resolution of discrepancies

3. Monitor client trust balances to ensure funds are properly maintained and that accounts are not overdrawn

4. Ensure full compliance with IOLTA rules and applicable state bar regulations governing client funds

5. Serve as the firm's primary point of contact for trust accounting matters with attorneys, clients, vendors, and banking partners

6. Manage trust account audits and coordinate responses to any state bar compliance reviews or inquiries.

7. Develop and maintain written trust accounting policies and procedures

8. Evaluate and recommend improvements to trust accounting workflows, controls, and systems

9. Prepare and distribute trust account reports to attorneys and clients as requested

10. Respond to inquiries from attorneys, clients, and vendors regarding trust transactions

11. Maintain organized and audit-ready records of all trust activity

12. Assist with onboarding new client matters that require trust account setup

13. Perform other duties and projects assigned

Qualifications:

The Trust Accountant must have a bachelor's degree in accounting, finance or related field. Five to seven years of accounting experience in a legal or fiduciary environment. Working knowledge of IOLTA regulations and state bar trust accounting rules is highly preferred. Must be proficient in Microsoft Office, especially Excel and Outlook. Strong analytical and problem-solving skills with exceptional attention to detail. Demonstrated ability to manage competing priorities and meet deadlines in a fast-paced environment. High level of discretion and integrity in handling confidential client funds and information. Strong written and verbal communication skills, with the ability to work effectively with attorneys and firm leadership. Aderant experience is a plus.

The salary range for this position is $84K to $102.5K.

Please note that quoted salary ranges are based on Benesch's good faith belief at the time of the job posting and are not a guarantee of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, and experience. Base pay is only one part of the Total Rewards that Benesch provides to compensate and recognize our staff professionals for their work. Full-time positions are eligible for a discretionary bonus and a comprehensive benefits package.

Benesch is an equal opportunity employer. We strongly value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability (where applicant is qualified to perform the essential functions of the job with or without reasonable accommodations), medical condition, protected veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law.

Applicants who are interested in applying for a position and require special assistance or an accommodation during the process due to a disability should contact the Benesch Human Resources Department by phone at 216-363-4578 or email at cwatson@beneschlaw.com.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities