Trust Accountant, Australia

2 weeks ago

Brisbane, Queensland, Australia eXp Australia Full time
Trust Accountant, Australia (Fixed-Term, Remote from AUS)

Description
Position at eXp Australia
We are one of the first all-remote companies with 2,000+ team members utilizing our virtual office called eXp world. This role is work-from-anywhere in Australia, on a 6 months fixed term contract.
Who is eXp?
Doing the audacious is part of eXp Realty's DNA. We are a company that rewards creative minds who can offer bold solutions, where opinions matter, anything is possible and the outcome can be revolutionary. As a global full-service real estate brokerage utilizing a 3-D, fully immersive, cloud office environment, offering 24/7 access to collaborative tools & training, eXp has broken the traditional mold of real estate. We are doing big things.
Come join us at eXp Realty - an 8x Glassdoor Best Places to Work organization
What you will do:
We are seeking a detail-oriented Trust Accountant to manage trust accounting functions, ensuring compliance with industry regulations and accurate financial transactions. The ideal candidate will have experience in trust account management, reconciliation, and real estate transactions.
This role will also play a key part in supporting our CRM transition from Agentbox to REX, assisting the business during the implementation and changeover in the medium term.
Key Responsibilities:

  • Daily receipting and reconciliation of trust accounts, ensuring accuracy and compliance with regulatory requirements.
  • Maintain and manage trust ledgers, ensuring all transactions are recorded correctly.
  • Monitor incoming and outgoing trust funds, ensuring they align with contract terms.
  • Prepare and deliver Account Sale Tax invoices to relevant parties.
  • Liaise with auditors and assist with trust audits to ensure full compliance with Australian trust accounting regulations.
  • Assist and manage settlement funds disbursements, including liaising with vendor solicitors to coordinate accurate and timely transfers.
Settlement & Disbursement Management
  • Review upcoming settlements to confirm all marketing funds have been disbursed before settlement.
  • Work closely with conveyancers, agents, and vendors to ensure smooth fund transfers.
  • Assist the Finance team in setting up Secure Exchange transactions for surplus marketing refunds.
Administration, Compliance & System Transition
  • Maintain accurate records in trust account management software and CRM.
  • Support the business in the transition from Agentbox to REX, contributing to a smooth implementation and adoption process.
  • Generate financial reports and assist in audits as required.
  • Ensure compliance with state-based trust accounting laws and real estate regulations.
Requirements:
  • Mandatory: Experience in real estate trust accounting
  • Experience with CRM systems such as Agentbox or REX, and software like Secure Exchange or Xero
  • Strong understanding of trust accounting regulations and compliance requirements
  • Experience with trust accounting software and reconciliation processes
  • Excellent attention to detail and ability to manage multiple settlements concurrently
  • Strong communication skills for liaising with finance teams, agents, vendor solicitors, and external stakeholders
  • Ability to work independently with strong time management skills
eXp Realty and its affiliated companies are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability or any other characteristic protected by law.

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