Senior Financial Analyst - SME

Job Purpose: Performs quality check and reviews of the projects processed by subordinates on the set protocols and always adhere to quality standard.

Technical Responsibilities:

• Understanding and interpretation of Plan document and Adoption Agreement.
• Strong understanding of ERISA and IRCs.
• Quality control and in-depth Reviews of Defined Contribution Plan Administration related assignments/tasks.
• Ensure Eligibility and Contribution calculation are computed as per Plan provisions.
• Review Contribution like Profit Sharing, Match contribution, Safe Harbor Match and Safe Harbor Non Elective.
• Ensuring several compliance tests like Non Discrimination, Top Heavy, Coverage tests, Gateway and General Tests, Compensation tests etc. are computed in adherence to Plan provisions.
• Reviews of Trust Accounting, Loans and Distribution postings.
• Receivables identification.
• Earnings Allocations.
• Review of Form 5500 & its related schedules.

Operation Responsibilities:

• Assists other team members in case of volume spikes to help in meeting team targets.
• Assisting subordinates and ensuring they have clear understanding about the assignments.
• Technical training and coaching to subordinates.
• Analysing and auditing documents, researching and resolving processing problems.
• Responding to queries.
• Resolves escalations/issues by investigating and composing responses.
• Maintains quality service by monitoring standards; advising/solving potential problems.
• Prepares reports by collecting and analysing information.
• Updates job knowledge by participating in educational opportunities.

Required Qualifications: B.Com., M.Com., CA, ICWA, B.Sc./M.Sc. – Mathematics.

Operational knowledge of MS Office and excellent English communication skills are mandatory.

Required Experience: Overall 2 to 3 years of relevant experience in DC/401(k) Plan processing and 1 to 2 years of quality checks and reviews. So, overall 4-5 years of industry experience.

Required Skills: Thoroughness, Attention to Detail, Research Skills, Problem Solving, Customer Focus, Quality Focus, Proactive, Dependability