Financial Analyst - SME

2 - 5 years

2 - 4 Lacs

Posted:None| Platform: Naukri logo

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Work from Office

Job Type

Full Time

Job Description

Job Purpose:

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:

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

Required Experience:

Required Skills:

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