Trust Junior Accountant

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position Summary

Responsible for performing financial, administrative, and clerical services for multiple employer benefit trust clients, including: Gathering and processing financial data to assist Senior Accountant in completion of periodic financial statements, preparing reports of financial and statistical data and assisting/supporting the Senior Accountant in various general accounting duties such as journal entries, account reconciliations, and other month-end or periodic processes. Effectively communicate with internal sources as well as Clients, Trustees and other business partners.

Section 2: Job Functions, Essential Duties and Responsibilities

Accounts Payable

Accurately code invoices for correct G/L posting, as needed

Enter invoices in Peachtree and Business Works for payment

Manage the various payments via check or wire transfer, including attaining trustee signature and mailing to appropriate vendors

Communicate effectively with Clients and Vendors regarding accounts payable

Maintain vendor account information

Research and resolve vendor issues

Prepare and issue annual 1099s, W2s, and W3s as needed

Payroll Processing for Trust Client Employees, as required

Remit payroll taxes

General Ledger/Month-End Process for Multiple Trust Clients

Research and resolve discrepancies in financial data related to A/P

Verify and post bank transfer activity as required

Accumulate data and post journal entries (recurring and as directed by Senior Accountant)

Calculate broker commissions as needed, print checks and prepare accompanying letters

Prepare required monthly financial reports for trustees, as requested

Audit Assistance

Maintain financial files and documents according to established guidelines

Ensure thorough and complete audit trail for all journal entries and adjustments

Assist in producing requested documentation for annual trust audits

Assist Sr Accountant in answering auditor questions regarding internal controls, etc.

Maintain audit file of backup documentation

General Ledger

Post Cash Receipts for Trusts, as required

Prepare bi-weekly journal entries for Payroll

Prepare and post journal entires of all monthly expenses per bank statements, as required

Prepare retirement, dental and medical benefits worksheets for AP

Prepare quarterly and Year end EDD and IRS payroll Reports

Other

Ensure proper maintenance and online storage of financial data

Monitor Cash position of various trust operating accounts

May be required to work extra hours during peak periods

• 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.
• Our I-Client service philosophy and our 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.
• Assist with other tasks and projects as assigned
  
  

Section 3: Experience, Skills, Knowledge Requirements

• Minimum of three years accounting experience, Trust administration or related environment is a plus
• Critical thinking, analysis, detail orientation and customer service preferred
• Four year accounting degree preferred
• Knowledge of Generally Accepted Accounting Principles
• Strong knowledge of math and accounting functions required to reconcile accounts and prepare monthly financials
• Knowledge of multiple employer benefit trust tax reporting and audit requirements including deadlines and related penalties is a big plus
• Knowledge of methods for goal setting
• Organizational skills and ability to set priorities consistent with service standards
• Excellent attention to detail and ability to review and ensure quality of team member work
• Self-starter with ability to take initiative, effectively evaluate situations and implement solutions
• Ability to multi-task, meet deadlines and work closely with others in a team setting
• Ability to effectively communicate, both in writing and orally, with a wide range of contacts in a professional manner
• Ability to maintain a positive attitude when addressing client questions and problems
• Accounting and Math Skills: required for reconciling bank accounts and preparing cash basis and accrual basis financials in accordance with GAAP
• Software Skills: MS Office 2007 (Excel, Word, Outlook) with intermediate to advanced Excel skills, Peachtree and Business Works
• Accounting system conversion skills a big plus
• Ability to document and maintain operations and accounting procedures
• Promote a positive and professional working environment
  
  

We are proud to be an Equal Opportunity Employer

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.