Senior Specialist Monetary Control

Benefits

Additional Information

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. The primary role of a Sr. Specialist is to stream line the smooth flow of transactions running from incoming and outgoing funds/Cash on daily basis as per the accounting principle. Responsible for reconciling various G/L accounts, incoming contributions/loan repayments from plans and participants, and all withdrawals. Ensures the suspense are accurately resolved in a timely manner as per the set procedures. Documents discrepancies and QC the daily weekly and monthly activities of the team members. Ensure daily reconciliation of aged suspense for assigned company codes, detailing outstanding reconciling items. Keep an eye on the follow-up and reach out to associated teams to resolve the age break. Researches discrepancies, work with internal partners for solution of aged suspense items. Discrepancies will be discovered through reconciliations of system balances to information received from SAP and internal teams. Completes periodic reports documenting variance root cause and resolution. Verifies problem resolution on a timely and accurate manner. Follows up with appropriate teams regarding unresolved outstanding suspense. Reconcile steps as documented within standard operating procedures. Assists internal teams with research on complicated discrepancies. Complete all daily, monthly, and ad-hoc tasks and reporting accurately. - Escalate all issues promptly and effectively to Lead/ Supervisor This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason, as per terms and conditions of your employment contract. We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.