[Hiring] Financial Operations Associate @Ascensus

Role Description

This position will be responsible for day-to-day handling of various financial operations activities including but not limited to:

• Quarterly automated Recordkeeping, RIA, and TPA payment processing and distribution
• RIA database oversight and management
• Government Savings billings
• Managed accounts
• Newport Insurance tasks
• Subta billing
• AFCA deposit and Fee equalization process

Essential Duties and Responsibilities:

• Owner of the quarterly and monthly automated RIA & TPA fee process, including 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.

Qualifications

• PC skills in Excel, Word, and PowerPoint; Access a plus.
• Strong written and verbal communication skills.
• Ability to handle multiple priorities.
• Bachelor’s degree in accounting or finance preferred.

Requirements

• For all virtual remote positions, an uninterrupted virtual work space is required.
• Expectation of family care being in place during business hours.
• Internet work speed requirement of 25 Mbps or better for individual use.
• If more than one person is utilizing the same internet connection, a stronger connection is required.
• For call center roles, either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router.

Benefits

• We are proud to be an Equal Opportunity Employer.
• Be aware of employment fraud; all email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses.
• We will never ask you for payment or require you to purchase any equipment.
• If you are suspicious or unsure about the validity of a job posting, we strongly encourage you to apply directly through our website.