IRA Administrator

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better.

Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning more than 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better.

Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Provide back-up assistance to various areas of the department to contribute to efficient and effective department operations. This position backs up two different areas within the department: IRA and Cash Management.

• High School diploma or comparable work experience; AA degree in accounting preferred
• Ability to operate a computer and adding machine.
• Strong calculator and computer skills to include Microsoft Outlook, Word and Excel
• Strong organizational skills and attention to detail
• Familiar with department policies and procedures
• Strong knowledge of the back-office system and general accounting principles (what is a debit, what is a credit)
• Excellent knowledge of Traditional IRAs, Roth IRAs and SEP IRAs and the IRS rules and regulations that apply to them or willingness to learn IRA rules and regulations.
• Follow policies and procedures; maintain client confidentiality.
• Communicate in a clear and service-oriented manner; use appropriate, professional language and grammar to effectively exchange ideas and information.
• Ability to proactively work with both external and internal clients; relate with others in a professional manner in order to accomplish work responsibilities and objectives.
• Ability to maintain regular, predictable attendance.

• Process IRA contributions, rollovers, conversions, transfers, excesses and re-characterizations into and between accounts in an accurate and timely manner and in accordance with IRS regulations; review requests to move cash or securities in client accounts and insure regulatory and firm requirements are met; follow up on open issues until resolved; seek supervisory approval in unknown areas of expertise.
• Post manual deposits to IRA accounts in BETA, scan the checks received for bank deposit.
• During fee season, receive and post IRA fee checks . Balance checks received with BETA reports and scan for bank deposit.
• Process TRAX IRA distributions from and between accounts according to client requests and set guidelines defined by the IRS and the firm.
• Process deceased IRA distributions. Establish Tax Reporting accounts for Beneficiary IRAs
• Process state and Federal IRA tax payments daily, semi-weekly, monthly, and quarterly.
• Balance General ledger accounts for each state monthly.
• Remain current on IRA rules and regulations and how they pertain to corporate policy and industry standards; must be…