Nithin Shetty

• Money IN - Defined Contribution Checks
• Processed diverse transactions including Contributions, loan repayments, Indicative data files, manual adjustments, and Rollovers.
• Ensured timely processing and resolution of all items, contributing to positive audit results.
• Complied meticulously with client policies, procedures, and Federal/State/Local regulations, promptly escalating issues to Work Leader and/or Manager.
• Conducted research on processing irregularities, driving them to resolution.
• Monitored and controlled money movement involving wire transfers, ACH, check receipts,and stock transactions
• Reconciled and audited processing to money movement using disc-recon, control reports, and collaboration with FinOps
• Interacted with internal and external clients to streamline processing and enhance plan administration.
• Updated plan-specific procedures periodically and provided training to backup associates.

Skills

• Proficient in transaction level and analytical skill-based processing.
• In-depth knowledge of SOX, SAS 70, and TA guidelines governing Contributions and Checks processing.
• Experience working on multiple complex recordkeeping systems while adhering to regulatory/legal norms.
• Collaborative approach, working across various Fidelity business units to ensure accurate processing of contributions, rollovers, transfers, and loan repayments.
  

• Manage day-to-day Accounts Payable operations, including invoice processing, approvals, and vendor reconciliations, ensuring compliance with SLAs and meeting processing targets.
• Coordinate with team members to allocate daily tasks, resolve process issues, and implement process improvements for increased efficiency and accuracy.
• Communicate effectively with stakeholders such as business managers, sourcing managers, and vendors to address queries and resolve issues promptly, maintaining strong relationships.
• Provide comprehensive support to internal clients by delivering necessary documentation, payment backups, and resolving queries within specified timelines to ensure smooth operations.
• Lead operational excellence sessions to enhance team knowledge and skills, fostering a culture of continuous learning and improvement.
• Drive performance tracking and monitoring to ensure timely processing of invoices and adherence to SLAs, identifying areas for optimization and implementing necessary measures.
• Collaborate closely with upstream and downstream processes to ensure seamless service delivery and overall satisfaction of clients and stakeholders.