Senior Compensation Accountant
Full Time
Finance
United States
The Senior Compensation Accountant will serve as a partner to Total Rewards and areas of Finance, including but not limited to enterprise finance, actuarial, tax, capital planning, and corporate center finance. This position will perform analytics for capital and operating expenses and identify areas for process improvement.
Responsibilities:
- Lead pension plan (qualified and non-qualified) accounting, including financial disclosures, gains/losses, sensitivities, and projections.
- Work closely with actuaries to analyze pension data, forecast financial outcomes, ensure compliance with regulatory requirements, and assess the impact of various financial scenarios on corporate benefit plans.
- Manage qualified pension plan ERISA audits (pension and 401K plans) including gathering data, preparing reports, testing, and confirmations. Work with enterprise and investment accounting structures, reporting and asset allocations.
- Lead or assist in benefit plan financial responsibilities for defined contribution plans (401k/NQDC) and health and welfare plans, including the OPEB liability for retiree benefits (medical, dental and life insurance).
- Manage SOX and other compliance responsibilities for retirement and health and welfare plans, including key controls and financial oversight responsibilities.
- Complete roll forward schedules to track changes in corporate benefits liabilities and assets over time.
- Oversee stock plan accounting including financial disclosures, gain/losses, and projections.
- Identify opportunities for process improvements and implement best practices to enhance timeliness and accuracy in benefits reporting.
- Contribute to various Compensation projects improving efficiency and transparency across the department.
Qualifications:
- Bachelor’s degree in accounting or equivalent education/experience.
- Minimum of 5 years of experience, with degree.
Preferred Qualifications:
- Knowledge of actuarial principles and pension regulations.
- In-depth knowledge of pension plan accounting
- Understanding of SOX and other compliance requirements for retirement, health, and welfare plans.
- CPA or equivalent certification preferred.
- Advanced computer programming skills in MS Office, Excel, and financial business systems.
- Knowledgeable in IFRS Accounting treatment.
- Assess and maintain prioritization of deliverables and resources.
Working Conditions:
- Office environment or remote/hybrid as applicable
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.