Financial Analyst, 529 Back Office - India

Overview

The Financial Analyst performs QC and advanced operational and financial analysis for offshore 529 plan administration using Kofax and Unite, ensuring accurate financial processing, workflow optimization, risk mitigation, and process improvements.

What you'll do

• Verify cheques scanned through the Kofax system to create the occurrence in Unite to match the expectation amount.
• Analyze and review account activity, detect irregularities, perform data reconciliations, and resolve exceptions in Unite to maintain account and reporting integrity.
• Prepare, review, and optimize regular operational, financial, and compliance reports for leadership, surfacing trends and actionable insights.
• Monitor incoming requests in Kofax and support escalation workflows to resolve time-sensitive or high-impact items.
• Collaborate with onshore and cross-border teams to standardize procedures, communicate risks, and execute on global offshore operations strategies.
• Recommend and lead automation and process improvements leveraging Kofax and Unite to reduce errors and streamline workflow.
• Support internal and external audits with well-documented analysis, reconciliation evidence, and operational controls.
• Protect, secure, and properly handle all confidential data held by Ascensus to guard against unauthorized access, improper transmission, and unapproved disclosure.

What you'll need

• Strong analytical and problem-solving skills with a process improvement mindset.
• Effective collaboration in global, cross-functional teams with clear communication in English.
• Comfort with regulatory requirements in global financial services delivery and strong documentation practices.
• Experience in the US retirement industry for 2 to 4 years.
• Good verbal and written communication skills.
• Good typing skill and attention to detail.
• Good time management skills.
• Ability to work independently.
• Familiarity with MS Office applications, including Excel and Word.

Nice to have

• Understanding of US 529 plan regulations and related financial services compliance.
• MBA, preferably from a Finance background.

Details

• Location: Hyderabad, India.
• Able to work flexible hours to align with onshore team requirements and business needs.
• Night shifts based on business requirements.
• Virtual remote positions require an uninterrupted virtual workspace, family care in place during business hours, and internet speed of 25 Mbps or better for individual use (stronger if the connection is shared).
• For call center roles, equipment must be hardwired to the router or workstation placed in close proximity to the router.