Retirement Benefits Accountant (Remote)

Job Summary

This staff position will support management with all aspects related to Retirement and Benefit accounting. Primary responsibility will be assisting with producing timely and accurate financial statements related to the following general ledger accounts: life insurance cash value, loans, deferred compensation, payroll and benefits. Tasks will include, but are not limited to: monthly journal entries, monthly reconciliations, variance analysis, weekly funding of 401(k), and completing long-term and short-term accounting projects as assigned. This position strives to provide excellent customer service to all business partners. Primary relationships are formed between Payroll, Compensation, Shared Services, external audits, IT, FP&A, and Tax.

Job Functions

• Records financial transactions as they relate to qualified and non-qualified retirement programs to the general ledger
• Assist in SOX documentation and controls testing as needed.
• Assist in Maintaining plan documentation
• Provides operational oversight to the 401k Savings Plan. Includes: a) maintaining accuracy between the record-keeper and payroll system to ensure participant elections and transactions are accounted for properly; b) ensuring that plan provisions relating to loans, required minimum distributions and hardship withdrawals are administered by the record-keeper in adherence to plan; c) coordinating and executing any corrections related to the annual compliance testing work
• Advises executives on eligibility, coverage and other matters
• Assist in communications as needed
• Perform assigned general ledger reconciliations, understand activity in account, nature of transactions/timing of reversals, build expectations on account balances
• Creates & analyzes monthly, quarterly, and annual reports & ensures financial information has been recorded accurately.
• Assist in plan design & recommendations for benefit plan features
• Prepare journal entries, recurring entries, and accruals in a timely and accurate manner
• Ensures that retirement deductions are properly executed as they relate to severance documents
• Prepares estimates on non-qualified benefits as requested and upon the executive’s retirement.
• Reports finances to management
• Compiles & analyzes financial information relating to Nonqualified Benefit Plans
• Special projects and other duties as assigned.
• Performs financial forecasting & reconciliation of internal accounts
• Assist in audits as needed

Position Contribution Level :

Intermediate Level

Minimum Education & Experience:

• Require four-year degree
• Require minimum of one to two years accounting work experience

Preferred Education & Experience:

• Workday (preferred)
• Accounting/Finance/Business (Accounting preferred)
• Lawson and Essbase (preferred)

Knowledge & Skills

• Ability to multitask
• Excellent communication skills
• Ability to work well individually and within a team environment as the situation demands.
• Motivated, goal-oriented self-starter
• Detail oriented
• Strong Microsoft Excel skills
• Ability to design and implement process improvements
• Strong analytical skills