Benefits & Compensation Accounting Manager
We are recruiting for one of the most admired Fortune 500 financial services companies in the area. They have a long history of providing excellent long-term career growth opportunities as well as excellent compensation and benefits.
As the Benefits & Compensation Accounting Manager, you will provide guidance and oversight for the accounting and reporting of the company's employee benefit and compensation programs. This includes assisting in assessing and establishing appropriate financial controls and administrative processes that ensure accurate and compliant external reporting of all benefit and compensation expenses and liabilities; establishing internal reporting and communication capabilities to meet internal business unit reporting and capital management needs; analyzing actual results against budget and forecasting future results to meet internal needs; and assisting in analyzing and reporting the impact of potential benefit plan and compensation plan changes to executive management.
∑Analyze actual expense positions and communicate variances versus plan and prior year actuals to senior management.
∑Monitor actual expense results and forecast expenses for the remainder of the year.
∑Assess and ensure appropriate accounting entries are made by Benefits Accounting for plan transactions.
∑Develop, implement and maintain appropriate internal controls and procedures for all areas involved with compensation accounting transactions.
∑Produce Statutory and GAAP Notes to Financial Statements and related disclosures for Managementís Discussion and Analysis included in Form 10-K.
∑Assist in assessing the financial impact of new accounting and legislative pronouncements and establish company positions in conjunction with Accounting Policy.
∑Assist in the audits of the financial statements of the 401(k) Pension, Medical and Dental and Long-Term Disability Plans.
∑Communicate issues to management as they arise. Respond to requests from management and other departments in a timely manner.
∑Identify opportunities to improve business processes, strengthen internal controls and present recommendations to management.
* Bachelor's Degree in Accounting, CPA a strong plus, as well as Big 4 or Fortune 500 Company experience
* 3-7 years of accounting and reporting experience along with a strong knowledge of GAAP and STAT, Investment Accounting experience a plus
* Solid internal controls background and experience in managing/partnering with internal and external auditors
* Strong leadership skills and ability to effectively coach and mentor staff
SALARY: $70,000-$85,000 + Bonus