Associate Financial Analyst, Payroll Processing

3 days ago


Hyderabad, Telangana, India Ascensus Full time

Role Description :

  • End to End knowledge on both Money-In and Money-Out process under US 401k Platform.
  • Review and perform quality checks on payroll data at Recordkeeper level and as a TPA.
  • Timely reporting on Internal/external errors and should perform RCA for the error logs.

Job Description:

  • End to End understanding of activities performed for assigned task and Process.
  • Responsible and owns the review and sign-off for being delivered.
  • In-depth understanding of US payroll processes from TPA side of Business
  • Escalate issues and seek advice when faced with complex issues/problems.
  • Raises relevant quality and/ or scope issues that may impact delivery and streamlines decision-making processes where possible.
  • Perform "Root Cause Analysis" on Issues and suggest appropriate corrective action for current remediation and future control.
  • Perform Monthly audit on MTD data to ensure quality and accuracy of process.
  • Details checklist and day-to-day task monitoring need to comply.
  • Maintain positive and effective relationships with US partners/clients.

Education and Experience:

  • Graduate / Postgraduate in Finance/Accounting background
  • 3 to 5 years' experience in BFSI industry preferred
  • Proven track record of working effectively in flexible work environment in a result-oriented approach

Skill Requirement:

  • Bachelors' degree in Business/Math/Computer Science or equivalent retirement industry experience
  • Minimum of 3 years' experience in a retirement recordkeeping/trading/fund accounting environment and retirement plan knowledge
  • Comprehensive knowledge of Mutual Fund Company practices and National Securities Clearing Corporation (NSCC) trading
  • Excellent written and verbal communication skills; communicate effectively (clearly, concisely and professionally) with internal and external customers, including Fund Companies
  • Proficiency with Relius Administration and recordkeeping platform
  • Proficiency with Microsoft office suite of products including Access, Excel, Word, Power Point and other systems as required to perform the tasks associated with the position
  • Excellent organizational, analytical, and problem-solving skills
  • Ability to work well under pressure with multiple priorities and firm deadline

Behavioral Attributes:

  • Work independently and in a team environment
  • Organizational and time management skills
  • Ability to work in a deadline-oriented environment

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from or email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ("Protected Status").




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