Assistant Trust Accountant at AmeriServ Financial Bank in Johnstown, PA

Job description

• Provide accounting support for the recordkeeping activities of the Retirement Services Division including assisting in the preparation of applicable tax returns, client and governmental reports.

Responsibilities

• 1. Keep informed of new developments, policies, procedures, laws and regulations concerning retirement plans, IRA’s and all retirement services accounts.
• 2. Assist in the completion of retirement plan participant allocations and the administrative & recordkeeping functions by utilizing accounting systems and other computer resources.
• 3. Meet daily departmental deadlines to include mutual funds, trades and pricing, as well as 401(k) company contributions and distributions.
• 4. Assist with account balancing to the Trust system and verify that accurate division accounting records are up-to-date.
• 5. Assist the Retirement Services staff with the daily operation within the department.
• 6. Support the administration in the recordkeeping of the unit in accordance with the terms of the governing instrument, applicable policies, procedures, regulations and laws.
• 7. Assist with the preparation of quarterly reports, participant statements, and statement mailings.
• 8. Assist in preparation of required governmental reports, including Form 5500, and any plan related ERISA audit information and packages on a timely basis for assigned institutional trust accounts.
• 9. Assist with the preparation and review of Qualified Plan Testing (ADP, ACP and Top Heavy) required by ERISA.
• 10. Assist with the enrollment of new plans and participants.
• Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Requirements

• 7. Ethical Conduct
• Bachelor's Degree in Business Administration, Accounting or Finance field, or in lieu of a degree, post high school education with two years experience in accounting, finance or retirement services.
• Education
• Bachelors or better in Accounting or related field.
• Experience
• Required
• In lieu of a degree, post high school education with two years experience in accounting, finance or retirement services.

Skills

Required

• Analytical Skills
• Interpersonal Skills
• Customer/Client Focus
• Deadline Oriented
• Ethical Conduct