Reconciliation Analyst

Dynasty Financial Partners, LLC•St. Petersburg, FL

6d•Onsite

About The Position

Dynasty Financial Partners is seeking a motivated, self-starting Senior Associate, Reconciliation Analyst to support sophisticated independent financial advisor clients and collaborate with Dynasty teams and external resource partners. This is an in-office position in downtown St. Petersburg, Florida, reporting directly to Dynasty’s VP of Reconciliation. The analyst supports reconciliation, billing, finance, and operational accounts receivable workflows, and partners with the manager to develop and optimize complex cash and equivalent account reconciliations. The role also contributes to root cause analysis and process improvements, while maintaining a high standard of accuracy and client service in a fast-paced environment.

Requirements

Bachelor’s degree.
At least 2 years of experience; wealth management firm experience is preferred.
Familiarity with reconciliation tools including Excel, PowerBI, Sharepoint, Salesforce, and custodians such as Schwab, Fidelity, Goldman Sachs, and Pershing.
Accounting expertise and sound decision-making ability, including the ability to work under pressure and remain time-conscious.
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.
Strong critical thinking and problem-solving abilities.
Strong attention to detail while maintaining workflow quality and efficiency.
Ability to work hands-on, manage multiple priorities, and deliver results with minimal oversight.
Ability to thrive in a demanding, fast-paced environment.
Willingness to 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 provide ongoing support and integration.
Coordinate with Finance on deliverables including house account reconciliation, reporting-only invoices, and payouts to Network Partners.
Assist with debiting and crediting fees at custodians and coordinate Network Partner payouts with Billing and Finance.
Manage, track, and optimize 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 cannot be handled by the billing system.
Partner with the manager to develop complex reconciliations for cash and 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 and platforms such as Black Diamond and Addepar.
Track manual entries and coordinate period-ending balances with Network Partners.
Carry out required procedures for manager fee collection and payment.
Participate in and drive root cause analysis to correct or prevent process and workflow deviations; recommend and implement changes to prevent recurrence.
Prepare and maintain custodian spreadsheets, monitor house account activity, prepare finance templates, track KPIs, and correct issues from prior-month reconciliations involving custodial files, rejections, manager fees, and reporting-only calculations.
Manage multiple priorities, take initiative, and deliver results with minimal oversight while contributing hands-on to strategic Operations initiatives and programs.