SSAS Administrator

SSAS Administrator North London / Finchley / Hybrid £28,000 plus benefits A multi-office, award winning wealth management firm currently requires an experienced SSAS Administrator to join its friendly and vibrant team, on a hybrid basis, being based in the office in North London 3 days per week. SSAS Administrator

Job Description A SSAS Administrator is required to carry out the day-to-day administration of the Small Self-administered Schemes managed by the company This comprises of:
Onboarding new SSAS applications, including:
Collating data from new application forms and drafting scheme documentation Registering the Scheme Administrator and SSAS with HMRC online Setting up the SSAS bank account Monitoring the SSAS application and dealing with any arising queries Setting up the SSAS with The Pensions Regulator Setting up the SSAS with the ICO Assisting with the transfer in of a client’s existing pensions Onboarding SSAS takeovers, including:
Obtaining the existing SSAS records from the outgoing administrator Analysing and drawing up a deed of removal, to remove any corporate trustee Dealing with any changes required to the Scheme Administrator Removing the outgoing administrator from the SSAS bank account Reviewing the existing SSAS assets and removing references to the outgoing trustee Switching The Pensions Regulator accounts to company Dealing with property transfers General SSAS maintenance, including:
Liaising with SSAS clients Maintaining SSAS records on XPlan Dealing with information requests, including bank balances Transfers out Death of a member Change of SSAS trustee or sponsoring employer Change of addresses Setting up/renewing an LEI Assisting with VAT returns, for SSASs that are VAT registered Updating HMRC online and The Pensions Regulator with changes to SSASs Dealing with the establishment of a life policy in a SSAS Instructing disinvestments from client investment portfolios Assisting clients with the payment of invoices Maintaining fund split records Assisting with the completion of application forms for new SSAS investments SSAS Invoicing, including:
Maintaining the invoice spreadsheet Requesting monthly invoices Checking SSAS bank balances and drawing up payment instructions Sending invoices out to clients Chasing unpaid invoices Pension Scheme Returns, including:
Writing to clients to request data for pension scheme returns Liaising with accountants to prepare pension scheme accounts Analysing bank account transactions Collating data on our Scheme Accounts Template Submitting the pension scheme return online with HMRC before deadline of 31st January Member Crystallisations including:
Dealing with client signed paperwork Valuing the SSAS Liaising with external payroll providers, to deal with income tax payments to HMRC and net income payments to client Liaising with Vintage Asset Management to disinvest and send funds back to the SSAS bank account, to cover income Dealing with payment instructions for tax free cash and/or income Updating internal records The Pensions Regulator, including:
Completing SSAS returns Updating client data when there is a change in the SSAS Setting up Direct Debits to pay the annual levy Bank Account Maintenance, including:
Making changes to signing arrangements General bank account maintenance Setting up additional (savings) accounts Dealing with instructions for withdrawals on notice account Drawing up payment instructions and obtaining client signature Property purchase/transfer, including:
Collating Property purchase questionnaire Liaising with Solicitor on all aspect of the transaction Checking the VAT position on the transaction and registering the SSAS for VAT if applicable

This role offers a rewarding environment for motivated individuals eager to develop their expertise within the financial services industry while delivering outstanding client support.