Prepare, examine, and analyze accounting and trust account records, financial statements, and IRA client trust reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Report monthly to management regarding financial statements (balance sheet, income, cash flow) of company. Establish tables of accounts and assign entries to proper accounts for company financials. Develop, implement, and refine recordkeeping and accounting systems and processes. Develop, maintain, and analyze corporation budgets, preparing reports that compare budgeted costs to actual costs. Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice. Maintain and assist with modifications to Trust Accounting System transactions as well as system integrity and data flow. Provide clients with IRA UBIT (Unrelated Business Income Tax) consultation/education to assist with tax implications on their Trust Account activity.
Requirements: Master’s Degree in Accounting
About New Direction IRA, Inc.
New Direction IRA provides administrative services for IRAs, 401(k)s, and health savings accounts (HSAs). Our mission is to provide a transparent and efficient avenue for investors to take control of their retirement plans through self-direction and alternative assets like real estate, precious metals, and private lending. Although we are not financial advisors, we promote the success of our clients through education, technology, and exceptional customer service.