Director of Pension & Benefit Accounting
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|Status:||Inactive / Filled|
|Title:||Director of Pension & Benefit Accounting|
|Job Location:||- Florida|
|Base Compensation:||$100,000 — $110,000|
|Total Compensation:||$120,000 — $150,000|
|Is Employer Willing to Relocate?:||Yes|
|Employment Type:||Full Time / Direct Hire|
|Job Categories:||Accounting; Wealth Management - Pension & Retirement Plans|
WHY IS THIS A GREAT OPPORTUNITY?
Our client rapidly expanding their Florida Finance Operations .... Excellent short-term and long-term growth potential
JOB DESCRIPTIONOur client's Finance Operations team is looking forward to a year of growth, and we are seeking talented individuals to support their global objectives. Ideal candidates will have a history of success in collaborative cross-functional teams, serving internal customers and stakeholders. Their team drives for results, with an overall goal of delivering scalable, efficient and effective process excellence while ensuring an effective control environment Organization The Finance Operation team performs accounting and financial reporting of the Company’s retirement and savings plans, health and welfare benefits, deferred compensation, severance, annual incentive bonuses and share-based compensation plans. Summary of Responsibilities The Director of Pension & Employee Benefit Plan Accounting is responsible for providing overall guidance, develop policy, and accounting for the Company’s pension, savings, postretirement and postemployment plans, health and welfare benefits, deferred compensation, COLI, severance, annual incentive bonuses and share-based compensation plans. This includes the review and approval of original journal entries into the Peoplesoft general ledger, account reconciliations, and the analysis of plan/projected/actual results for the purposes of monthly operational reviews and cost management support. This position works closely with internal actuaries and third party administrators. Ideal candidates will be proficient in Pension & Employee Benefit Plan Accounting and will exhibit good communications skills, have prior supervisory experience, possess good organization skills, be proactive and meet multiple deadlines. In addition, the candidate must maintain customer relationships and interact with all levels of Management. Specific Functions 1. Supervise managers and accounting analysts. 2. Liaison between the benefits department, third party service providers, actuary and treasury departments. 3. Develop forecast and track expenses. 4. Prepare the annual budget for the pension and employee benefit plans noted above. 5. Prepare annual and quarterly financial disclosures. 6. Recommend and implement process improvements 7. Ad hoc projects 8. Manage the following processes: 1. Reconciliation of payments and premiums 2. Reconciliation of general ledger accounts. 3. Reconciliation of participants’ contributions generated from payroll. 4. Compliance with Company policies and procedures, benefit plan provisions and accounting standards. Job Requirements Competencies • Bachelors in Accounting required; Masters or MBA preferred • 8+ years private and/or public experience in Employee Benefit Plan & Pension accounting • Prior supervisory experience; train and develop associates • Previous forecasting experience • PeopleSoft Accounting Ledger – Preferred • Attention to detail • Ability to multitask • Strong verbal and written communication • Focuses on customer and process improvements
A mix of public and private accounting would be highly preferred ...... Experience with audits of employee benefit plans and has been on the private side actually having overseen accounting/reconciliations and reporting (11k's, 5500's, etc.) for Defined Benefit and Defined Contribution plans, health & welfare plans, stock-based plans, deferred comp plans, severance and incentive plans, etc. A mix of technical knowledge with leadership, communication, interpersonal, & customer skills. This will consist of 6 managers and staff associates.