Finance Manager, Pension & Welfare Benefit Plans
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Position Summary
Plan Administrator for Retirement Plans and Welfare Benefits Plans.
Manages all Department of Labor (DOL) audits and state audits related to SOA's compensation and benefit programs.
Plan Fiduciary and member of SOA's Retirement Committee.
Manages Payroll section.
Major Responsibilities
* Plan Administrator: Retirement Plans and Welfare Benefits Plans includes both qualified and nonqualified (executive) plans.
Duties are performed in accordance with the provisions of the many retirement plan and welfare benefit plan documents requiring sound judgment, initiative, and discretion.
Responsibilities include plan management and budgeting; plan administration; design and interpretation; financial reporting; governmental reporting and disclosure; actuarial analysis and funding; development of policies and procedures; and negotiation of contracts for professional services.
* Tax compliance of SOA's compensation, retirement, and benefit programs.
* Financial reporting of salary and related costs - compensation and benefit program costs.
* Manages all qualified and nonqualified retirement and welfare benefit plan trusts.
Ensures regulatory compliance and proper documentation requirements are met for fulfilling internal fiduciary policies and procedures regarding discretionary actions and all other policies and guidelines.
Ensures proper tax reporting and serves as fiduciary advisor to provide trust administration and planning.
Balances the interests of Fidelity Management Company as Trustee, administers the trust in good faith in accordance with the terms and purposes of the trust instrument, while balancing the interests of the trust participants.
* Develops tax and investment strategies.
Researches impact of all related tax legislation and financial regulations as they relate to compensation, retirement, and benefit programs.
Establishes domestic captive to reinsure certain benefits to g...
- Rate: Not Specified
- Location: Camden, US-NJ
- Type: Permanent
- Industry: Finance
- Recruiter: Subaru of America, Inc.
- Contact: Not Specified
- Email: to view click here
- Reference: 1587
- Posted: 2024-06-11 08:28:56 -
- View all Jobs from Subaru of America, Inc.
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