Staff Accountant — Custodial Accounting

Primary Responsibilities

• Prepare monthly reconciliations and analysis of custodial accounts, ensuring accurate recording of client assets, cash transactions, deposits, withdrawals, transfers, and balances.
• Monitor custodial account activity, investigating and resolving discrepancies or reconciling items in a timely manner.
• Ensure all custodial transactions are properly documented, authorized, and recorded in accordance with company policy and regulatory requirements, supporting the safeguarding of client assets through strong internal controls.
• Monitor aged receivables, communicate professionally with clients on outstanding balances, and support collection efforts while maintaining positive client relationships.
• Manage daily cash receipts, deposits, and custodial transaction totals, maintaining accurate records of all custodial cash movement.
• Prepare and record bank and cash reconciliation entries, ensuring timely reconciliation of revenue, receivables, and custodial cash balances.
• Monitor cash activity, assist with treasury management functions, and promptly investigate unusual transactions or variances.
• Participate in internal audits, compliance reviews, and process improvement initiatives to strengthen financial controls over custodial funds and client assets.
• Partner with operations, client service, and management teams to resolve accounting issues and improve financial processes.
• Identify opportunities to automate or streamline accounting and reconciliation procedures.
• Communicate effectively with internal stakeholders, financial institutions, auditors, and external vendors.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• 2+ years of accounting experience, preferably involving cash management, reconciliations, or custodial/client account administration.
• Strong understanding of GAAP and accounting principles.
• Advanced proficiency with Microsoft Excel and Microsoft Office Suite.
• Excellent analytical, organizational, and problem-solving skills.
• Strong written and verbal communication abilities.
• Adequate attention to detail and commitment to maintaining confidential information.
• Experience with general ledger accounting, account reconciliations, and financial reporting (preferred).
• Strong understanding of cash reconciliation and treasury management activities (preferred).
• Ability to work independently while contributing as a collaborative team member (preferred).
• Experience working with custodial accounts, trust accounts, escrow accounts, client funds, or similar financial structures (preferred).
• Knowledge of financial services, asset management, trust operations, or custody-related accounting practices (preferred).
• Experience with Sage Intacct (preferred but not required).

Individual Compensation

$35,000—$38,000 USD

Benefits

• Comprehensive medical, dental, vision, and life insurance coverage
• 401(k) retirement plan with employer match
• Health Savings Account (HSA) & Flexible Spending Accounts (FSAs)
• Paid time off (PTO) and disability leave
• Employee Assistance Program (EAP)

Equal Employment Opportunity

At Point C Health, we know we are better together. We value, respect, and protect the uniqueness each of us brings. Innovation flourishes by including all voices and makes our business—and our society—stronger.