Note: The job is a remote job and is open to candidates in USA. Ascensus is a technology and service platform powering savings plans across America. The Financial Operations Associate handles daily financial operations, including fee processing, billing, reconciliations, payment distribution, database oversight, reporting, and issue resolution.
Responsibilities
- Owner of the quarterly and monthly automated RIA & TPA fee process. Responsibilities include payment processing, research and correction of errors / variances, trade confirmation, and payment instruction delivery to the Trust
- Respond and / or resolve RIA / TPA related issues, questions, and inquiries
- Coordinate custom reporting and delivery of RIA information to various firms
- Submit RK HD tickets needed for fee enhancements, research and/or reporting
- Maintenance and compliance of Credit Memo and RK Loss databases according to published Table of Authority (TOA)
- Oversight of the Managed account and Fiduciary service product process
- Monthly allocation of fund revenue (SubTA & 12b1’s) into plan holding accounts and manage participant fee equalization process
- QC quarterly wrap fee calculation
- Create invoices and post outgoing wires using various annual, quarterly, and month end journal entries for Government Saving contracts
- Monthly reconciliation of billed revenue, insurance and mutual fund commissions. Coordinate the release of monthly or quarterly payments to third parties
- Dashboard Reporting & QC of RIA Payments
- Work closely with the Strategic Business Consultant team and client service to answer questions and ensure a positive advisor payment experience
- Ability to successfully prioritize and balance multiple projects concurrently
- Assist with other tasks and projects as assigned
- Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day-to-day basis showing your support of our organizational culture
Skills
- PC skills in Excel, Word, and PowerPoint. Access a plus
- Strong written and verbal communication skills
- Ability to handle multiple priorities
- For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours
- Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required
- Bachelor's degree in accounting or finance preferred
Benefits
- Remote work arrangement
- Internet work speed requirement of 25 Mbps or better for individual use
Company Overview
Company H1B Sponsorship