✓Pension payroll processing – coordinate batch processing calendars with IT and Finance departments, reconcile month-over-month headcount and financial activity and troubleshoot variances, validate tax withholding activity, document recurring procedures and keep disaster recovery plans up to date.
✓Process and review actuarial valuation data files – work with management and consulting actuaries to generate annual census data files for use in determining the funded position of 32BJ’s pension plans.
✓Provide support for audits of pension plans and SRSP (401(k) Plan) – work with external CPA auditors to validate payment activity for disbursements made from benefit plans.
✓Provide support for the Annual 1099 project - support the accurate and timely preparation, validation, and distribution of annual 1099 tax forms.
✓Annual IRS Form 8955 project - support the annual generation, review, and submission process for IRS Form 8955 by coordinating data extraction, validation, cleanup, and quality review across pension plans.
✓Coordination of all batch processes, including RMDs, age 65 notifications and suspension batches.
✓SRSP weekly data processing – validate weekly census files sent to TPA for recordkeeping.
✓SRSP projects including IRS non-discrimination testing file preparation, and RMD review.
✓Special pension participant data/eligibility research.
✓SRSP participant issue resolution.
✓V3 implementation - work with Implementation Team on system enhancements including UAT, calc spec review, report/batch spec review, creating and reviewing test cases.
✓Special projects or tasks, as assigned by management.
✓Two years' experience in defined benefit administration or defined contribution plan administration preferred.
✓Knowledge of pension calculations and validation of data elements preferred
✓Ability to prioritize work and meet deadlines.
✓Strong proficiency in Microsoft Office Suite, specifically, Microsoft Excel (a proficiency assessment will be administered).
✓MS Dynamics and QlikView experience preferred.
✓V3locity V10 experience helpful.
✓Strong analytical, problem solving, and decisions-making skills.
✓Excellent organizational and prioritizing skills.
✓Detailed oriented with strong ability to multitask.
✓Demonstrated customer service orientation.
✓Strong oral and written interpersonal skills.
✓Ability to work both independently and as a team player.
✓Ability to effectively operate in a fast-paced work environment.
✓Under 1/3 of the time: Standing, Walking, Climbing or Balancing, Stooping, Kneeling, Crouching, or Crawling
✓Over 2/3 of the time: Talking or Hearing
✓100% of the time: Using Hands
