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Full-time
bachelor degree
Posted 13d ago
~40 hrs/week
Remote in Florida, United States
Responsibilities
Responsible for day-to-day financial operations including automated payment processing for RIAs and TPAs and managing government savings billings. The role involves reconciling revenue, managing fund allocations, and coordinating with strategic business consultants to ensure positive advisor experiences.
Requirements
Requires proficiency in Microsoft Office Suite and strong written and verbal communication skills. A bachelor's degree in accounting or finance is preferred.
Full job description
Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.
Section 1: Position Summary
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.
Section 2: Job Functions, Essential Duties and 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.
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.
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. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
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.comemail addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Ascensus is a market-leading enabler of tax-advantaged savings—providing technology, services, and expertise that helps millions save for a better today and tomorrow.
We’re also a premier savings program service provider, third-party administrator, and government savings facilitator. Our platforms, industry knowledge, and data-based insights enhance the growth and success of our partners, their clients, and savers.
The company’s brands include Ascensus; Newport, an Ascensus company; and FuturePlan by Ascensus. For more information, visit ascensus.com.
Read our Corporate Disclosures at https://www.ascensus.com/corporate-disclosures/.
Offices: 200 Dryden Road, Dresher, PA 19025, US · 95 Wells Avenue, Suite 160, Newton, MA 02459, US · 1126 Westrac Drive South, Fargo, ND 58103, US · 415 8th Ave NE, Brainerd, MN 56401, US
Retirement plan servicesEducation savingsand ABLE accountsTrainingConsultingRetirement
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