Financial Analyst / Senior Financial Analyst

Job Purpose

To perform operational and analytical tasks related to 401(k) / Defined Contribution plan administration, ensuring accuracy, compliance, and quality in all deliverables.

Key Responsibilities

Technical Responsibilities

• Perform administrative functions for Defined Contribution (DC) plans in accordance with plan provisions and regulations.
• Maintain and update participant census and plan data.
• Calculate plan contributions such as Profit Sharing, Matching, Safe Harbor Match, and Safe Harbor Non-Elective contributions.
• Conduct compliance testing, including Non-Discrimination, Top-Heavy, Coverage, and Compensation tests.
• Handle trust accounting, reconciliations, participant loans, and distribution transactions.
• Identify receivables and calculate investment gains/losses.
• Assist in preparing and reviewing Form 5500 and related schedules.
• Research plan data discrepancies and draft client queries where required.

Operational Responsibilities

• Support team members during peak workloads to achieve team goals.
• Review and validate plan calculations and reports for accuracy.
• Identify and resolve processing or data issues through research and documentation.
• Prepare periodic reports and summaries of findings for internal and client review.
• Maintain high quality standards and compliance with internal policies.
• Continuously enhance process knowledge through training and learning opportunities.
• Contribute to improving efficiency and accuracy in plan administration processes.

Required Qualifications

• B.Com., M.Com., CA, ICWA, B.Sc./M.Sc. (Mathematics or Statistics)
• Strong operational knowledge of MS Office (especially Excel).
• Excellent written and verbal communication skills in English.

Required Experience

• 2–4 years of relevant experience in end-to-end Defined Contribution / 401(k) plan administration, preferably on a Balance Forward platform.

Key Skills and Attributes

• Attention to Detail and Analytical Ability
• Problem Solving and Research Skills
• Quality and Compliance Focus
• Dependability and Team Collaboration
• Proactive and Process-Oriented Approach

Career Growth:
The role offers a structured career path with opportunities to advance to senior analyst and subject matter expert (SME) roles, including quality review and client interaction responsibilities.

Job Types: Full-time, Permanent

Pay: ₹300,000.00 - ₹420,000.00 per year

Benefits:

• Health insurance

Education:

• Master's (Preferred)

Work Location: In person