About the role
This position is primarily responsible for the timely and accurate monthly invoicing of all plans and the processing of termination plans.
Essential Duties and Responsibilities:
* Perform monthly audits of all asset and non-asset based invoices for accuracy and completeness. * Reconcile fees for asset and non-asset based plans to those fees listed in the service agreements. * Prepare fee processing requests based on service and compensation agreement terms. * Handle special invoice and manual invoice requests. * Prepare and review partner level invoice (s), if applicable. * Reconcile any payments received by check and process to lockbox. * Review service agreements for final invoicing of recordkeeping, miscellaneous and termination fees.
• Process internal conversions.
* Prepare monthly wire and quarterly plan receivable reconciliations, if applicable. * Reconcile final payments prior to plan liquidations.
• Request termination refunds.
* Address & resolve internal and external (i.e. Alliance Partner) billing and Finance inquiries, including invoice and report requests. * Assist with updating address/phone changes, update billing systems as needed. * Create and maintain documents/procedures as needed to meet Sarbanes - Oxley requirements. * Perform other duties and special projects as assigned by management.
We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Minimum Requirements:
* Bachelor’s degree in accounting/finance or equivalent combination of training and experience preferred. * 3-5 years experience with PC’s and MS Office software applications * Experience with AS400 is preferred but not required. * Detail oriented with strong organizational and time management skills. * Strong written and verbal communication skills * Strong interpersonal skills with internal and external clients * Ability to handle multiple priorities and meet deadlines * Ability to work independently as well as with a team in a fast-paced environment. * Basic understanding of auditing concepts, account reconciliation skills and math skills. * Proven problem solving skills, along with an ability to quickly comprehend and analyze data. * Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients. * The I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com 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.
Originally posted on Himalayas