Reconciliation Analyst

Dynasty Financial Partners•St Petersburg, FL

5d•Onsite

About The Position

Dynasty Financial Partners is seeking a motivated, self-starting Senior Associate, Reconciliation Analyst to work with independent financial advisor clients, Dynasty team members, and external resource partners and agencies. The role reports directly to Dynasty’s VP of Reconciliation and is an in-office position in downtown St. Petersburg, Florida. The analyst supports reconciliation and operational accounts receivable activities, coordinating with Finance, Operations, Technology, Billing, and other teams. The position includes managing fee and invoice workflows, tracking and optimizing data, assisting with manual fee calculations and pricing exceptions, and developing processes for complex cash and cash-equivalent account reconciliations. The analyst also participates in root cause analysis and recommends and implements changes to prevent recurring process issues. Dynasty describes its culture as emphasizing accountability, fairness, teamwork, and transparency. The company states its commitment to diversity, inclusion, and equal employment opportunity.

Requirements

Bachelor’s degree.
At least 2 years of experience, preferably at a wealth management firm.
Familiarity with reconciliation tools such as Excel, PowerBI, SharePoint, Salesforce, and custodians such as Schwab, Fidelity, Goldman Sachs, and Pershing.
Entrepreneurial mindset and ability to adapt and innovate in a fast-paced environment.
Ability to consult with internal and external clients.
Strong quantitative and analytical skills, including the ability to interpret numbers and data.
Excellent verbal and written communication skills, including the ability to explain complicated ideas clearly.
Exceptional critical-thinking and problem-solving abilities.
Strong attention to detail while maintaining workflow quality and efficiency.
Ability to manage multiple priorities and deliver results with minimal oversight.
Willingness to take a hands-on role in strategic Operations initiatives and programs.
Ability to thrive in a demanding, fast-paced environment.
Willingness to show initiative and support a culture of accountability, fairness, teamwork, and transparency.

Nice To Haves

Experience at a wealth management firm.

Responsibilities

Partner with Finance, Operations, Technology, and other Dynasty departments to ensure ongoing support and integration.
Coordinate with Finance on house account reconciliations, reporting-only invoices, payouts to Network Partners, and other key deliverables.
Assist with debiting and crediting fees at custodians and coordinate Network Partner payouts with Billing and Finance.
Manage, track, and optimize relevant data monthly and quarterly in accordance with billing practices.
Work with Dynasty team members and clients as a subject matter expert to support operational accounts receivable activity.
Compile and analyze records between Billing and Finance for manual fee calculations and pricing exceptions that the billing system cannot handle.
Partner with the manager to develop reconciliation processes for complex cash and cash-equivalent accounts, including ongoing testing and optimization.
Manage firm fee invoice workflows, including true-ups with Finance, percentage-of-revenue items, breakpoint updates, and MQF.
Manage reporting-only fee workflows, including waivers, Black Diamond, and Addepar.
Track manual entries and coordinate period-ending balances with Network Partners.
Carry out procedures for manager fee collection and payment.
Participate in and drive root cause analysis to correct or prevent process and workflow deviations, and recommend and implement preventive changes.
Prepare and maintain custodian spreadsheets, monitor house account activity, prepare finance templates, track KPIs, and correct issues with prior-month reconciliations, including custodial files, rejections, manager fees, and reporting-only calculations.