Operations Accountant Associate - Cash & Reconciliation Expert

Sammons Financial Group Inc.; West Des Moines (IA); On-site; USD 40,000 - 75,000; Full time

Benefits offered by this job

Health coverage

Competitive compensation

ESOP and 401(k) participation

Paid time off and holidays

Tuition reimbursement

Job summary

Sammons Financial Group Inc. is seeking a role focused on cash matching, reconciliations, and batch trading within the investment operations team in West Des Moines, IA. The position emphasizes accuracy, financial data integrity, and collaboration with accounting and reporting teams.

The role requires attention to detail, basic accounting knowledge, and a willingness to learn more about investment vehicles and regulatory standards as the team grows.

Qualifications

• Bachelor's Degree in Accounting, Finance or Business Management Preferred.
• 1 year experience in bookkeeping, data entry, accounting and/or controls over financial reporting Preferred.
• Ability to analyze financial data and identify discrepancies quickly and accurately.
• Meticulousness in handling financial transactions, reconciliation and reporting to ensure accuracy and compliance with internal and regulatory standards.
• Capability to efficiently resolve discrepancies and operational issues that arise, ensuring minimal impact on daily operations and financial integrity.

Responsibilities

• Perform cash matching activities to ensure accurate tracking of outgoing cash flows related to investment transactions.
• Conduct reconciliation processes daily identify and resolve discrepancies between internal records and bank statements.
• Batch trades efficiently, preparing them for processing while ensuring accuracy in the transaction data.
• Develop a foundational understanding of various investment vehicles including fixed income, equities, derivatives and bank loans.
• Learn the transactional functions and operational aspects of different investment types including the key details of security master setup and income calculation.
• Contribute to the improvement of operational processes to enhance overall efficiency, accuracy and productivity.
• Engage in continuous education and training to stay abreast with industry best practices; begin to learn financial regulations.

Skills

Analytical skills

Quantitative skills

Excel proficiency

Education

Bachelor's degree in Accounting or Finance

Tools

Excel

Job description

Sammons Financial Group Inc. is seeking a role focused on cash matching, reconciliations, and batch trading within the investment operations team in West Des Moines, IA. The position emphasizes accuracy, financial data integrity, and collaboration with accounting and reporting teams.

The role requires attention to detail, basic accounting knowledge, and a willingness to learn more about investment vehicles and regulatory standards as the team grows.