Financial Analyst / Senior Financial Analyst

Year    TS, IN, India

Job Description

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

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD4435260
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TS, IN, India
  • Education
    Not mentioned
  • Experience
    Year