Trust Accountant – Retirement Plans & Reporting

AmeriServ Financial Inc.; Johnstown (Cambria County); On-site; USD 42,000 - 56,000; Full time

Job summary

AmeriServ Financial Inc. in Johnstown, PA, seeks an accounting support specialist for its Retirement Services Division to assist with recordkeeping, tax returns, and regulatory reporting.

Responsibilities include staying updated on retirement plan regulations, processing allocations, and preparing quarterly statements, Form 5500, and ERISA-related packages. Bachelor’s degree or two years related experience required; strong analytical and computer skills preferred.

Qualifications

• Bachelor's Degree in Business Administration, Accounting or Finance field, or in lieu of a degree, post high school education with two years experience in accounting, finance or retirement services.
• Preferred: Bachelors or better in Accounting or related field.
• Less than 2 years: In lieu of a degree, post high school education with two years experience in accounting, finance or retirement services.

Responsibilities

• Keep informed of new developments, policies, procedures, laws and regulations concerning retirement plans, IRA’s and all retirement services accounts.
• Assist in the completion of retirement plan participant allocations and the administrative & recordkeeping functions by utilizing accounting systems and other computer resources.
• Meet daily departmental deadlines to include mutual funds, trades and pricing, as well as 401(k) company contributions and distributions.
• Assist with account balancing to the Trust system and verify that accurate division accounting records are up-to-date.
• Assist the Retirement Services staff with the daily operation within the department.
• Support the administration in the recordkeeping of the unit in accordance with the terms of the governing instrument, applicable policies, procedures, regulations and laws.
• Assist with the preparation of quarterly reports, participant statements, and statement mailings.
• Assist in preparation of required governmental reports, including Form 5500, and any plan related ERISA audit information and packages on a timely basis for assigned institutional trust accounts.
• Assist with the preparation and review of Qualified Plan Testing (ADP, ACP and Top Heavy) required by ERISA.
• Assist with the enrollment of new plans and participants.

Skills

Communication Proficiency

Analytical Skills

Interpersonal Skills

Customer/Client Focus

Deadline Oriented

Ethical Conduct

Strong Computer Skills

Education

Bachelor's Degree in Business Administration, Accounting or Finance

Two years experience in accounting, finance or retirement services

Tools

Microsoft Office

Job description

AmeriServ Financial Inc. in Johnstown, PA, seeks an accounting support specialist for its Retirement Services Division to assist with recordkeeping, tax returns, and regulatory reporting.

Responsibilities include staying updated on retirement plan regulations, processing allocations, and preparing quarterly statements, Form 5500, and ERISA-related packages. Bachelor’s degree or two years related experience required; strong analytical and computer skills preferred.