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 RIA and TPA payment processing and distribution, RIA database oversight and management, Government Savings billings, and Newport Insurance tasks.
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.
- SME for RIA / TPA related issues, questions, and inquiries.
- Coordinate custom reporting and delivery of RIA information to various firms.
- 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.
- Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
- 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.
Supervision
- N/A
Section 3: Experience, Skills, Knowledge Requirements
- 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.
We are proud to be an Equal Opportunity Employer
For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace 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
