Financial Operations Associate
Ascensus
Austin, Texas Metropolitan Area0–2 yrs7m agovia LinkedIn
This job at a glance
- Who can apply
- New grads and up to 2 years · Bachelor's degree
- Must know
- Data visualizationCustomer serviceExcelMicrosoft Office
- Nice to have
- Accounting
- Work
- On-site in Austin
- Pay
- Not stated by the employer.
- Listed
- Nov 1, 2026 · still open
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About the Role
Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.
Key Responsibilities
- Owner of the quarterly and monthly automated RIA & TPA fee process. Responsibilities include payment processing, research and correction of errors / variances, trade confirmation, and payment instruction delivery to the Trust.
- Respond and / or resolve RIA / TPA related issues, questions, and inquiries.
- Coordinate custom reporting and delivery of RIA information to various firms.
- Submit RK HD tickets needed for fee enhancements, research and/or reporting.
- Maintenance and compliance of Credit Memo and RK Loss databases according to published Table of Authority (TOA).
- Oversight of the Managed account and Fiduciary service product process.
- Monthly allocation of fund revenue (SubTA & 12b1’s) into plan holding accounts and manage participant fee equalization process.
- QC quarterly wrap fee calculation.
- Create invoices and post outgoing wires using various annual, quarterly, and month-end journal entries for Government Saving contracts.
- Monthly reconciliation of billed revenue, insurance, and mutual fund commissions.
- Coordinate the release of monthly or quarterly payments to third parties.
- Dashboard Reporting & QC of RIA Payments.
- Work closely with the Strategic Business Consultant team and client service to answer questions and ensure a positive advisor payment experience.
- Ability to successfully prioritize and balance multiple projects concurrently.
- Assist with other tasks and projects as assigned.
Requirements & Tech Stack
- PC skills in Excel, Word, and PowerPoint. Access a plus.
- Strong written and verbal communication skills.
- Ability to handle multiple priorities.
- For virtual remote positions:
- Uninterrupted virtual work space.
- Family care in place during business hours.
- Internet work speed requirement of 25 Mbps or better.
- For call center roles specifically: Requirement to hardwire equipment directly to the internet router or ensure workstation is in close proximity to the router.
Qualifications
- Bachelor’s degree in accounting or finance preferred.