Financial Operations Associate

This is a fully remote position, open to applicants in Florida, +3 more states.

📋 Description

• Manage daily financial operations activities.

• Process and distribute quarterly automated Recordkeeping, RIA, and TPA payments.

• Supervise and maintain the RIA database.

• Manage Government Savings billings.

• Oversee Managed Accounts, Newport Insurance, SubTA billing, AFCA deposits, and fee equalization processes.

• Take ownership of quarterly and monthly automated RIA and TPA fee processes, including payment processing, error and variance correction, trade confirmation, and payment instruction delivery to the Trust.

• Address and resolve RIA and TPA issues, questions, and inquiries.

• Coordinate custom reporting and ensure the delivery of RIA information to firms.

• Submit RK HD tickets for fee enhancements, research, and reporting purposes.

• Maintain compliance of Credit Memo and RK Loss databases in accordance with the Table of Authority.

• Oversee processes related to Managed Account and Fiduciary service products.

• Allocate monthly fund revenue, including SubTA and 12b1s, into plan holding accounts and manage participant fee equalization.

• Conduct quality control on quarterly wrap fee calculations.

• Generate invoices and process outgoing wires using journal entries for Government Savings contracts.

• Reconcile billed revenue, insurance, and mutual fund commissions.

• Coordinate monthly or quarterly payments to third-party entities.

• Perform dashboard reporting and quality control of RIA payments.

• Collaborate with Strategic Business Consultant and client service teams to resolve inquiries and enhance advisor payment experiences.

• Prioritize and manage multiple projects simultaneously.

• Assist with additional assigned tasks and projects.

• Exhibit Ascensus's service philosophy and core values in daily interactions.

⛳️ Requirements

• Proficient in PC skills, including Excel, Word, and PowerPoint.

• Knowledge of Microsoft Access is advantageous.

• Excellent written and verbal communication skills.

• Ability to manage multiple priorities effectively.

• Bachelor's degree in accounting or finance is preferred.

• For virtual remote roles, a consistently available virtual workspace is necessary.

• Family care arrangements must be in place during business hours for remote positions.

• Internet connection speed of 25 Mbps or higher is required for individual use.

• A stronger internet connection is essential when multiple users share the connection.

• For call center positions, equipment must be hardwired to the router or located close to it.

🏝️ Benefits

• Option for remote work.

• Requirement for an uninterrupted virtual workspace for remote positions.

• Family care arrangements expected to be in place during business hours for remote roles.

• Internet speed requirement of 25 Mbps or better for individual use.

• Hardwired equipment or a workstation close to the router for call center roles.

• Equal Opportunity Employer.