Financial Operations Associate

Summary

Ascensus is a technology and service platform powering savings plans across America. The Financial Operations Associate handles day-to-day financial operations, including fee processing, database oversight, billing, reconciliations, reporting, and payment coordination. The role also responds to advisor and third-party inquiries and supports related projects.

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
• Bachelor's degree in accounting or finance preferred

Qualifications

Must Haves

• PC skills in Excel, Word, and PowerPoint. Access a plus
• Strong written and verbal communication skills
• Ability to handle multiple priorities

Nice to Haves

• Bachelor's degree in accounting or finance preferred

Benefits

• Remote work arrangement