Retirement Plan Transactions Specialist

Community Financial System, Inc.; City of Utica (NY); On-site; USD 26,000 - 36,000; Full time

Benefits offered by this job

11 paid holidays

Paid vacation

Medical, Vision & Dental insurance

401K with generous match

Pension

Tuition Reimbursement

Banking discounts

Job summary

Community Financial Systems, Inc. is seeking a Retirement Plan Processor to manage and review retirement plan transactions within the OMNI system. The role includes nightly trading, ensuring timely processing, and advancing through ASPPA Retirement Plan Fundamentals courses (RPR).

The position requires 2 years in accounting or related field, strong organizational skills, and solid written/oral communication. Normal hours are Mon-Fri, with comprehensive benefits and opportunities for growth.

Qualifications

• Two year degree in Accounting or related field.
• Minimum of 1 year Accounting, Payroll, or applicable office experience.
• Ability to be highly organized and show an attention to detail.
• Well-developed written and oral communication skills.
• Ability to prioritize work assignments and multitask.
• Display an intermediate level competency with Microsoft Word and Excel, as well as personal computer skills.
• All applicants must be 18 years of age or older.

Responsibilities

• Create and review various retirement plan transactions in the OMNI recordkeeping system.
• Troubleshoot transaction rejects.
• Review trial postings of transactions prepared by other OMNI processors.
• Rotate through various responsibilities in the OMNI Processing Unit (contributions, enrollments, distributions/loans, dividend posting, trust accounting).
• Nightly Trading.
• Ensure timely processing of transactions.
• Completion of ASPPA’s Retirement Plan Fundamentals courses (RPR).
• Assist with various operational projects as deemed necessary by supervisor/manager.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.

Skills

Attention to detail

Written communication

Oral communication

Time management

Microsoft Word

Microsoft Excel

Education

Associate degree in Accounting or related field

Tools

OMNI recordkeeping system

Job description

Community Financial Systems, Inc. is seeking a Retirement Plan Processor to manage and review retirement plan transactions within the OMNI system. The role includes nightly trading, ensuring timely processing, and advancing through ASPPA Retirement Plan Fundamentals courses (RPR).

The position requires 2 years in accounting or related field, strong organizational skills, and solid written/oral communication. Normal hours are Mon-Fri, with comprehensive benefits and opportunities for growth.