- Manages the daily, monthly, quarterly and annual planning, forecasting and reporting for I&FS while maintaining a continued focus on best accounting and financial reporting practices, internal controls, policies, procedures, and performance metrics.
- Serves as a business advisor by providing financial advice and analysis to key stakeholders in the I&FS department. In particular, offers advice to business leaders related to financial compliance matters for the plans.
- Leads and supports a cross-functional team of accountants and I&FS staff to ensure an accurate permissible Plan billing process. Monitors and analyzes expense trends and ensures a clear audit trail to ensure compliance with ERISA. Investigates any unusual time charging trends and provides advice to managers and staff regarding the proper charging of time to the Plans.
- Ensures third party vendor agreements and allocations are properly documented and in compliance with ERISA requirements.
- Leads cross-functional team to ensure the smooth and timely delivery of the audited financial statements to the Insurance and Financial Services Committee of the NRECA Board of Directors. Ensures collaboration across departments to achieve audit planning and fieldwork goals.
- Supports the preparation of audit schedules, GAAP financial statements, and ad hoc analysis as it pertains to the benefit plans' annual audits.
- Performs general ledger accounting including preparing journal entries, uploading of journal entries, and compiling the financial statements. Ensures financial statements are GAAP compliant and completed in a timely and efficient manner.
- Manages and oversees the day-to-day activities of the Retirement Security Plan and Group Benefit Program's private market investments from a Finance perspective. Manages the private market investment compliance and reporting in coordination with the Investment Strategy and Performance department
- Assists with the overall tax compliance strategy, including compliance with all federal and state regulations and filings.
- Additional responsibilities include, but not limited to assisting with monthly closing processes, budgeting, quarterly forecasting, preparation and submission of tax schedules (Forms 990 & 990T).
- 8 or more years of progressive accounting/finance/budgeting experience.
- 5 or more years of prior experience in Employee Benefit Plan Administration industry (Defined Benefit and Defined Contribution Retirement Plans, and Health and Welfare Plans)
- In-depth knowledge and understanding of ERISA regulations.
- CPA license preferred.
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Senior Accountant - Arlington, United States - Motion Recruitment
Description
Our Client, a National Energy Cooperative, is looking for someone to join their team as a Senior Accountant to join their team out of Arlington, VA
Responsibilities:
Qualifications: