Associate Analyst - Testing & Reporting Services

Job Title – Associate Analyst - Testing & Reporting Services

Testing and Reporting Services (T&RS) provides plan sponsors and auditors with year-end financials, non-discrimination testing and assists the plan sponsor to file Form 5500 with Internal Revenue Service (IRS) and Department of Labour (DOL).

The Purpose of This Role

Associates are expected to work on validating the required transactions / complaint as per the internal revenue code (IRC) guidelines and prepare year end financials.

The Value You Deliver

• Reconcile and publish the accurate plan year-end financials
• Validate data submitted by the client and perform Non-Discrimination Testing
• Reconcile the prior record keeper data to prepare the Form 5500 conversion reconciliation worksheet
• Analyse exception processing by using established measures to ensure accurate and standardized results and control associated risks
• Fix and assist in resolution of complex exception processing
• Flexible to work in India day shift/night shifts/ weekend based on business requirement.

Technical / Behavioral

• Requires in depth knowledge of defined contribution (DC) including plan year financials, Form 5500 and Non-Discrimination testing
• Good knowledge on reconciliation concepts
• Proven technical proficiency on working with multiple systems and applications
• Ability to follow through on multiple project work and call out issues appropriately
• Should be proficient in MS Excel

• Excellent written and oral communication skills
• Attention to detail
• Good critical thinking and problem-solving skills
• Self-learner
• Ability to work in teams and drive collaborative efforts towards achieving team goals
• Demonstrates accuracy, thoroughness, and orderliness in performing work assignments

The operations support provided by T&RS includes plan year-end reporting, non-discrimination testing, filing Form 5500 and conversion reconciliation, audit, and other support functions

The Expertise We’re Looking For

• Bachelor’s degree or equivalent.
• Prior experience in Defined contribution domain would be an added advantage
• 1-2 years of experience

Shift timings: 1:00 PM - 10:00 PM

Certifications

At Fidelity, building a better financial future— for everyone— is our mission. For the last 75+ years, our privately-held company has remained committed to supporting our clients throughout their lifelong financial journeys.

Our formula is simple: we support our team, and they support our customers. That culture begins with our employees, whose personal and professional growth is key to our collective success. In keeping with that legacy, our privately-held company offers associates career stability and security, while at the same time encouraging your professional exploration and growth. At Fidelity India, we are proud to continue that legacy. With offices in Bangalore and Chennai, our Indian branch is now celebrating 20 years as a Global Capability Center. To find out more, visit India.Fidelity.com, or our global site at FidelityCareers.com.

Fidelity Investments is an equal opportunity employer, and whenever possible we accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at@accommodations@fmr.com or call 800-835-5099 for more information