Non-Qualified Plan Reconciliation Specialist

Ascensus; Florida; Hybrid; USD 60,000 - 80,000; Full time

Job summary

Newport, an Ascensus company, is seeking a Reconciliation Specialist to support Non-Qualified Plan Asset and Liability Management and ensure data integrity across client accounts. You will help reconcile trust accounts, advise on appropriate financial adjustments, and process participant payments from the plan trust.

Collaborating with internal and external resources, you will perform reconciliations, QA daily cash and unit positions, and ensure timely, accurate outcomes while maintaining

Qualifications

• Two years’ experience in the financial services industry with knowledge and experience in trust setup, reconciliation, and asset transfer.
• Proficiency with MS Excel and Word.

Responsibilities

• Support Non-Qualified Plan Asset and Liability Management by ensuring financial data integrity of cases and recommending appropriate adjustments to Trust accounts and plan liabilities.
• Process participant payments out of the plan trust.
• Perform quality assurance reviews, daily cash and unit reconciliation.
• Reconcile cash positions with incoming deposits and pending trades.
• Identify and resolve discrepancies and improve daily administrative processes.

Skills

Customer oriented

Detail oriented

Verbal and written communication

Independent

Personable

Planning and organizing

Resourceful

Team player

Thoroughness

Time management

Accuracy

Self-starter

Education

Bachelor’s degree (preferred)

Tools

MS Excel

MS Word

Job description

Newport, an Ascensus company, is seeking a Reconciliation Specialist to support Non-Qualified Plan Asset and Liability Management and ensure data integrity across client accounts. You will help reconcile trust accounts, advise on appropriate financial adjustments, and process participant payments from the plan trust.

Collaborating with internal and external resources, you will perform reconciliations, QA daily cash and unit positions, and ensure timely, accurate outcomes while maintaining