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    Senior Retirement Analyst - Solon, United States - Nestle

    Nestle
    Nestle Solon, United States

    1 week ago

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    Description

    Foods people love. Brands people trust. And a career that nourishes your future like no other.

    If you're driven by the passion to do something meaningful that changes lives, Nestle is the place for you. Nestle USA is one of seven operating companies that make up Nestle's presence in the United States. We're in 97% of American homes, and as the leading food and beverage company, our goals are to continue to deliver quality food and beverage products, strengthen our local communities, and reduce our environmental and climate impact.

    We're determined to challenge the status quo and be better tomorrow than we are today. As individuals and teams, we embrace our entrepreneurial culture and have created a workplace where collaboration is essential, courage is rewarded, speed is expected, and agility is the norm to delight our consumers every single day. Here, you will find limitless opportunities to learn and advance your career and feel empowered to succeed in the workplace and beyond. Because our focus is not only on nourishing our customers, but also about enriching you.

    This position is not eligible for Visa Sponsorship.

    Position Summary:

    Primarily responsible for the day-to-day administration, compliance, and financial reporting of the 401(k) and Pension Plans.

    Responsibilities:

    401(k) responsibilities may include:

    • Collaborate with third-party service providers to ensure accurate administration, recordkeeping, and reporting
    • Coordinates and validates data flow between payroll systems, recordkeeping and trust systems
    • Monitors payroll funding reconciliation and wire transmittals for payroll
    • Calculate and coordinate payroll adjustments and Plan corrections in accordance with EPCRS
    • Manage prior plan contributions
    • Determine HCE's and review ADP/ACP test results
    • Monitors loan, QDRO and death processing
    • Monitor timekeeping and report trust eligible time to TRINA team
    • Coordinates preparation of quarterly investment grid
    • Coordinates investment fund changes and communications
    • Allocate settlement proceeds received
    • Participates in merger and acquisition activities as it relates to the Savings Plans

    Retirement ( 401(k) and Pension) responsibilities may include:

    • Reviews ongoing quality, accuracy and customer service levels of third-party service providers
    • Review and coordinate filing of Form 5500 and related materials.
    • Prepare reconciliations and respond to Plan audit requests
    • Participates in federal regulations compliance and subsequent implementation of required plan changes
    • Run Ad Hoc reports for data analysis
    • Monitor department mailbox
    • Provides accurate written and verbal responses to questions from employees and other interested parties (Beneficiaries, Alternate Payees, Human Resources, Legal, Finance)
    • Participates in federal regulations compliance and subsequent implementation of required plan changes
    • Respond to SSA inquiries
    • Death administration including searches for Retirement Plan beneficiaries
    • Search for missing participants and manage stale dated check process
    • Participate in Call Monitoring
    • Escalates complex issues as necessary
    • Performs other projects and retirement team activities as directed

    Requirements:

    • Bachelor's degree preferred, or similar qualifying experience.
    • 4 or more years Audit, Accounting, Finance or Retirement Plan experience
    • Willingness to obtain retirement industry certification
    • Advanced skill with Excel required

    Skills:

    • Intermediate skill with other Microsoft office applications (Word, Powerpoint) preferred.
    • SAP/SuccessFactors experience preferred
    • Knowledge of ERISA/Department of Labor regulations preferred
    • Excellent verbal and written communication skills; specifically, ability to communicate complex, technical information in a clear, concise manner
    • Proven ability to work in a fast-paced environment.
    • Excellent analytical and critical thinking skills.
    • Excellent attention to detail, along with the ability to prioritize and self-manage.

    Job ID:294235

    #Li-Hybrid

    It is our business imperative to remain a very inclusive workplace.

    To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestle. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestle seeks such skilled and qualified individuals to share our mission where you'll join a cohort of others who have chosen to call Nestle home.

    The Nestle Companies are an equal employment opportunity and affirmative action employer* seeking diversity in qualified applicants for employment. All applicants will receive consideration for employment without regard to race, ethnicity, color, gender, gender identity, age, religion, national origin, ancestry, disability, perceived disability, medical condition, genetic information, veteran status, sexual orientation, or any other protected status, as defined by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at please dial 711 and provide this number to the operator:

    *Note: Nespresso is not a federal contractor and does not maintain affirmative action programs

    Review our applicant privacy notice before applying at



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