The University operates an internal trust company, Wave Services, Inc. (WSI), which administers charitable trusts and living trusts both annuity trusts and unitrusts, on behalf of the University. This position is responsible for the day-to-day accounting, analysis, legal, and tax activities of the Trust & Estate department.

Duties

• Manage tax filings including 1099s, K-1s, Form 8282, tax returns and IRS inquiries. Summarize materials and taxable transactions for outside-managed trusts that have been gifted to the University. 
• Responsible for entering brokerage data into the trust accounting system and reconciling on a monthly basis.
• Prepare and ensure accurate actuarial liability calculations for fiscal and calendar year-end.
• Review and ensure accuracy of beneficiary payments including calculating pro-rated distributions for new and maturing gifts, NRA deductions and trust accounting income.
• Assist with the preparation of the California Insurance Report and board-related materials.
• Ensure compliance with internal and external audit deliverables.
• Monitor life insurance policies and annuity assets.
• Document desk procedures as appropriate.
• Manage fair market value assessments for trust owned real estate.
• Prepare materials for year-end audit.
• Reconcile life estate accounts to the Peoplesoft general ledger at the time maturity.
• Responsible for daily processing activities in the trust system.
• Update Raiser's Edge for donor relations.
• Perform other duties as assigned.
• Attend training as requested.
• Uphold University mission through work performed. 

The above information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Skills and Qualifications

Required: Bachelor's Degree in Business Administration, Finance and/or Accounting. Minimum four years in an accounting environment or three years experience in trust or securities accounting operations. Strong accounting, financial analysis and computer skills; excellent Excel, Word, and Gmail skills; familiarity with G Suite applications; good oral and written communication skills; great attention to detail, accuracy and follow-up; ability to meet deadlines; ability to work effectively with different personality types; maturity to handle confidential and sensitive matters; a good team player; able to work effectively with minimal oversight; ability to handle multiple tasks concurrently; ability to demonstrate a high level of ethics, integrity and discretion; strong commitment to the mission and goals of Pepperdine University.

Preferred: Tax experience and knowledge of real estate transactions preferred.

Qualified individuals should be able to articulate a strong commitment to diversity, and have the ability to work effectively with individuals from different backgrounds.

Offers of employment are contingent upon successful completion of a criminal, education, and employment screening. The University conducts such screenings in compliance with applicable laws and with the objectives of evaluating risk and supporting a safe environment for students, faculty, staff, and guests; safeguarding key University assets including people, property, information, and the University’s reputation; and providing comprehensive job-related information to University leaders to enable them to make prudent hiring decisions. Qualified individuals with criminal histories will be considered for employment in compliance with applicable laws, including the Los Angeles County Fair Chance Ordinance.

This is a Regular, Exempt, 40 hour per week position.

Expected Pay Range: $75,381 - $83,756 per year

The above pay range reflects what Pepperdine University reasonably expects to pay for this position at time of posting. Actual compensation may vary based on relevant factors such as work experience, market conditions, education/training, and skill level. In addition to base pay, Pepperdine offers a robust and highly competitive benefits package.

Pepperdine is an Equal Employment Opportunity employer and does not unlawfully discriminate on the basis of any status or condition protected by applicable federal, state, or local law.