Financial Control Analyst

Fairygodboss; Salem (NH); On-site; USD 50,000 - 70,000; Full time

Job summary

A leading financial services company in New Hampshire is seeking a Financial Control Specialist to research discrepancies, perform reconciliations, and assist with tax reporting. Candidates should have a Bachelor's degree in Accounting or Finance with 1-3 years of experience in finance. Excellent communication and teamwork skills are essential for this role. This position offers a chance to contribute to a diverse and inclusive workplace.

Qualifications

• 1 to 3 years of general finance/financial control experience.

Responsibilities

• Research and resolve discrepancies in investment trades.
• Obtain and validate pricing and performance information.
• Perform daily cash reconciliations for established accounts.
• Acquire and post all dividend transactions to systems.
• Complete daily production of retirement plan checks.
• Perform reconciliations and report on tax responsibilities.

Skills

Communication Skills

Presentation Skills

Problem Analysis

Teamwork

Customer Focus

Education

Bachelor's degree in Accounting, Finance, or equivalent

Job description

91% say women are treated fairly and equally to men

93% would recommend this company to other women

92% say the CEO supports gender diversity

Ratings are based on anonymous reviews by Fairygodboss members.

#258892

Position summary

trust. Researches and resolves all discrepancies arising from variances between the two holdings.

Investment Trading: Places, confirms, and instructs for settlement of the investment trades per the direction of the participants, beneficiaries, and plan sponsors. Researchers trade discrepancies or unconfirmed trades. Report on daily trade activity to both internal and external parties. Work with various investment firms to initiate account opening and trading relationships.

Investment Pricing and Performance: Obtain pricing and performance information from investment firms and other contracted parties. Validate the accuracy of this data through various checks and balances. Apply this information to the record keeping and ancillary systems. Perform these functions by specified deadlines.

Cash Reconciliation and Money Movements: Perform daily cash reconciliations for the established demand deposit accounts (dda's). Instruct the trustees and custodians on money movements associated with these dda's. Research and resolve all discrepancies arising from variances in the reconciliation.

Dividend Analysis and Postings: Acquire and post all dividend transactions to the record keeping system by the established time frames. Research and resolve all global dividend discrepancies.

Check writing: Performs all activities necessary to complete the daily production of retirement plan checks. Ensure payments have been processed into the check writing system, reconcile the output to various reports, release the checks to print, instruct on wire payment, and quality check the output. Troubleshoot daily system issues and any reconciliation items.

Tax Reporting- Perform Federal and State withholding, depositing, and reporting responsibilities: Perform reconciliations between the record keeping system and the tax reporting system. Identify discrepancies and resolve them through multiple processes. Perform functions timely to reduce and eliminate fines, interest, and penalties. Identify new tax legislation and the impact on our applications. Communicate to impacted parties including producing/documenting enhancements to our applications. Be the resource for all in RS for knowing, interpreting, and communicating tax legislation.

Analysis/Problem-Solving: Possesses and applies knowledge of the completion of moderately difficult to complex assignments.

Accounting Systems and Other Financial Control Applications: Possesses broad knowledge of many accounting systems, and may recommend changes to currently used systems to expedite problems. Develop, test, document, and implement these enhancements.

Special Studies/Projects: Conducts studies that lead to the development and/or recommendation of accounting methods and procedures. Handles various accounting projects on an as-needed basis; (for example tax returns and forecasting for budgetary purposes).

QUALIFICATIONS REQUIRED:

Bachelor's degree in Accounting, Finance, or equivalent in training and experience.

1 to 3 years of general finance/financial control experience

PREFERRED QUALIFICATIONS: Preference will be given to candidates who have the following:

Communication Skills: Uses effective communication skills to consult with clients.

Presentation Skills: Communicates with clients and employees at all levels professionally and effectively.

Problem Analysis / Resolution/ Negotiation: Gathers information necessary to make decisions and implement actions.

Teamwork/Collaboration: Partners with fellow associates, supervisors, and departments; contributes and exchanges knowledge and skills to meet group needs and goals; participates in resolving issues Customer Focus: Demonstrates a strong focus on customer service.

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP's operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.

Ethics at ADP: ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP's culture and our full set of values.

91% say women are treated fairly and equally to men

93% would recommend this company to other women

92% say the CEO supports gender diversity

Ratings are based on anonymous reviews by Fairygodboss members.