Co-Op Student, Temporary Associate

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

Ascensus is the largest independent recordkeeping services provider, retirement plan third-party administrator, and government savings facilitator in the United States. We're also one of the savings plan industry's leading providers of outsourced services. When you choose Ascensus, you become part of a community that is invested in your growth. From lunch and learns hosted by our leadership team to an extensive training program, we strive to create a real-world experience for co-ops to best prepare them for the future.

Our proven track record with the Drexel Co-Op Program has led to new career opportunities at Ascensus and beyond.

Position

Description:

This position will gain experience with both the Accounting and Financial Planning and Analysis (FP&A) Teams. Accounting responsibilities will include supporting the team with monthly financial close processes and other special projects. FP&A responsibilities include assisting with the preparation of financial analysis and reporting for the Ascensus Retirement division, and various finance projects and analyses. This position requires an accounting or finance major and strong spreadsheet skills.

• Responsible for the preparation of journal entries and account reconciliations in connection with the monthly close process.
• Assist with the preparation of monthly balance sheet account analyses including fluctuation analyses.
• Use various systems to compile reports for monthly close tasks and processes.
• Documentation and testing of compliance with internal controls.

• Assist in monthly P&L analysis and attend monthly flash meetings to review results.
• Help compile monthly reporting packages for distribution to senior management.
• Assist with various analysis projects. (ex: profitability studies utilized by senior management for pricing decisions, budget/forecast preparation, and ad hoc requests).

• Gain experience with ERP and Reporting systems such as Cloud Suite and Cognos TM1.
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.