Ascensus · 1 day ago
NQ Reconciliation Specialist
Florida, United States
Full-time
Onsite
Entry Level
2+ years expAscensus, through its Newport division, provides employers with retirement plans and consulting services to enhance financial security for their associates. The Reconciliation Specialist will support Non-Qualified Plan Asset and Liability Management by ensuring financial data integrity and processing participant payments.
ConsultingRetirementTraining
Responsibilities
Works with trust/trading platform and internal resources to ensure the plan assets are hedged to the plan liabilities
Performs quality assurance reviews, daily cash and unit reconciliation
Reconciles cash positions with incoming deposits and pending trades
Understands general trading functions and the different security types
Compares system output from multiple systems, reconciles, recommends trades, and communicates status of assets and records
Identifies and researches discrepancies and takes appropriate action to resolve
Identifies, analyzes, and assists in executing improvements for any daily administrative processes and procedures
Assists in the development of additional financial controls and identification of preventative measures
Manages outgoing payments and tax documentation for plan participants
Assists in the Trust setup process to ensure required paperwork is complete and accurate
Analyzes data, reconciles participant records and trust accounts, and resolves asset and data transfer issues
Effectively interacts with vendors, the team, and other areas of the firm
Works in a fast-paced, demanding environment under tight deadlines
Ensures final work products are of high quality, provided in a timely fashion and adhere to internal guidelines, plan descriptions, and sample calculations
Focuses on learning in everyday activities and events
Collaborates with and openly shares knowledge with colleagues
Regular, reliable, and punctual attendance
Qualification
Required
Two years' experience in financial service industry with knowledge and experience in trust setup, reconciliation, and asset transfer
Working knowledge of MS Excel and Word
Preferred
Bachelor's degree (B. A.) from four-year college or university
Company
Ascensus
Ascensus delivers high-quality solutions for every segment of the retirement plan marketplace.
5001-10000 employees
H1B Sponsorship
Ascensus has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (7)
2023 (9)
2022 (23)
2021 (14)
2020 (19)
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Atlas Merchant Capital
2021-04-26Acquired
2019-02-19Secondary Market
Leadership Team
Marc Mehlman
Chief Financial Officer
Marc Doucette
Regional Vice President
Recent News
2025-10-09
Crowdfund Insider
2025-09-17
2025-09-17
Company data provided by crunchbase