Specialoist Monetary Control

7 days ago

Bengaluru Karnataka, India Empower Full time

**Grow your career with a growing organization**

Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

**In Empower, Reconciliation specialist is responsible for reconciling various G/L accounts, incoming contributions/loan repayments from plans and participants, and all withdrawals. Ensures the suspense are accurately resolved in a timely manner as per the set procedures. Ensure daily reconciliation of aged suspense for assigned company codes, detailing outstanding reconciling items. Regular follow-up and reach out to associated teams to resolve the age break.**:

- ** Researches discrepancies, work with internal partners for solution of aged suspense items**:

- ** Discrepancies will be discovered through reconciliations of system balances to information received from SAP and internal teams**:

- ** Completes periodic reports documenting variance root cause and resolution**:

- ** Verifies problem resolution on a timely and accurate manner**:

- ** Follows up with appropriate teams regarding unresolved outstanding suspense**:

- ** Reconcile steps as documented within standard operating procedures**:

- ** Assists internal teams with research on complicated discrepancies**:

- ** Complete all daily, monthly, and ad-hoc tasks and reporting accurately**:

- ** Escalate all issues promptly and effectively.**:
**qualifications & experience**:

- ** Minimum 1 to 3 years of experience in G/L Reconciliation operations preferred**:

- ** Intermediate MS Office Excel and Basic Access skills**:

- ** Detail oriented and able to work within prescribed deadlines**:

- ** Basic understanding of 401K will be added advantage.**:

- ** Strong analytical/problem solving, written and verbal communication skills**:

- ** Ability to multi-task, prioritize, and problem-solve effectively**:

- ** Strong attention to detail**:

- ** Excellent time management**:

- ** Flexible schedule**:

- work hours : 4:30 PM IST

***This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason, as per terms and conditions of your employment contract.**:
We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

**COVID

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