The Salvation Army - Central Territory

  • Trust Accounting Manager

    Job Locations US-IL-Hoffman Estates
    Job ID
    # of Openings
    Regular Full-Time
  • Overview

    Looking for a place where “Doing the Most Good” is a mission! The Salvation Army has a Territorial Headquarters Trust Accounting Manager position available for the ideal candidate.

    We offer a competitive employee benefit program which includes a comprehensive medical, dental, vision and prescription drug plan, disability benefits, voluntary life insurance, 13 paid holidays, 2 floating holidays, 12 paid sick days and paid vacation. We also offer a hot lunch program two days a week, an on-site fitness center along with a summer flex schedule.

    This position is located at our easily accessible Central United States Headquarters in the northwest suburb of Hoffman Estates, Illinois near the Sears Centre.


    In compliance with the ADA Amendments Act if you have a disability and would like to request an accommodation in order to apply for this position, please call 847-294-2166.


    The Salvation Army is an Equal Opportunity Employer Minority/Female/Veterans/Disabled.


    Ensure that accurate accounting of the Property, Board Designated, Donor Restricted and Donor Endowment Funds are in accordance with GAAP and The Salvation Army (TSA) policies and procedures:


    • Review and approve check request and journal entries prepared by the Trust Accountant.
    • Prepare high-level check request and journal entries for the Trust Section.
    • Prepare and analyze reports for the Territorial Finance Committee (TFC).
    • Assist with monitoring debt financing.
    • Prepare and post accounting entries for split-interest agreements in legal files.
    • Liaison with Planned Giving regarding split-interest agreements.
    • Reconcile year-end split-interest agreements.
    • Assist with consolidated audit and year end closing procedures.
    • Assure special budgets/projects are aligned with leadership plans and monitor for proper approvals and authorized adequate complex funding resources.
    • Oversee tracking of Trust Account Earnings analysis.
    • Prepare year-end legal file review for audit liability.
    • Prepare and review audit schedules for trust and property funds.
    • Coordinate release of Territorial Headquarters (THQ) financial information to divisions/commands.
    • Oversee and approve posting of trust interest calculations; including administration of endowment spending policy.
    • Oversee the monitoring and funding of sick benefit trust accounts.
    • Oversee the review and processing of legal appropriation journals.
    • Prepare monthly and annual trust reports.
    • Cross-train with Assistant Controller.
    • Initiate and/or approve wire transfers.
    • Supervise the day to day activities of the trust section.






    Bachelor’s Degree in Accounting or related field.





    CPA preferred but not required.




    • 5 years general Accounting experience
    • Supervisory or managerial role experience
    • Knowledge and understanding of GAAP (Generally Accepted Accounting Principles)


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