The Senior Benefits Accountant will be responsible for the proper accounting of all employee benefits with a focus on balance sheet reconciliations and expense variance analysis. In this challenging role, the Senior Benefits Accountant will work with the manager and other team members to organize, reconcile and streamline all benefits accounts and recommend any process improvements. Non-union benefits account for 60% of ABM's employee population and Union benefits account for the remaining 40%. The union segment requires a different reconciliation approach due to the numerous union contracts that ABM is involved with on a yearly basis. A successful candidate will have human resources knowledge as a backbone to the accounting activities that are tied to payroll, health and welfare benefits, PTO benefits, retirement benefits, and other fringe benefits that are required to meet certain business operations. Part of your job could include audit preparations, assist with tax compliance issues and regulatory documents, and the ability to build and maintain relationships with Human Resources, Legal, Union Contacts, and Labor managers at ABM.
50% Accounting -
Multi-state union accounting of benefits, PTO, and other fringe benefits for contract compliance
Perform general ledger account reconciliations with a focus on employee benefit accounts
Review and approve monthly journal entries
Help manage and drive the monthly accounting close process to ensure all deadlines are met
Utilize excel heavily through advanced formulas to manipulate large quantities of data and streamline benefit calculations
Calculate employee PTO benefits per union contracts (manual excel files)
Research and communicate benefit discrepancies with the HR-benefits & billing departments, employee(s), FP&A partners, branch managers and other internal customers
Review and resolve benefit accruals & payment discrepancies internally
Maintain and balance accounts by verifying, allocating, posting, reconciling transactions; resolve discrepancies
Manage accounting adjustments in conjunction to new union rates and benefits due new contracts.
Reconcile monthly accruals versus payments
Monthly reporting on benefit enrollment versus enrollment on contracts and provide statistical analysis of financial gains or losses and report any foreseeable issues to management team.
Research month to month balance sheet and profit and loss account variances
Resolve any accounting discrepancies that arise from the payment of benefits to union employees.
Annual Year-End Multi-Employer reporting to our SEC team
Help supervise and train benefit accountants
Special projects and other duties as assigned
50% HR & Payroll -
Maintains knowledge and understanding of laws and regulations related to EEO, affirmative action, collective bargaining agreements, unions, labor relations, and human resources.
Assists with preparation of plans, policies, documents, and reports including EEO-1, affirmative action plans, organizational charts, labor agreements, and employee handbooks.
Comply with HIPAA Rules and Regulations
Assists with preparation of documents and records required for contract negotiations, meetings, and negotiations with employee and labor organizations.
Document, track and report benefit enrollments, declinations and contract end dates to ensure proper deductions from employee paycheck.
Managing all accounting adjustments in conjunction to new union rates and benefits due new contracts.
Ensure contracts are inputted correctly into our benefit system.
Provide PTO reporting to local managers for annual payouts or termination payouts.
Communicate with local HR, Payroll, and Operations to resolve issues with the processing of union payments.
BS or BA degree in Accounting, Finance, MIS, or Economics
General ledger accounting experience in public accounting or industry accounting required (4+ years)
Must have advanced MS Excel skills (Pivot tables, vlookup, and sumif formulas)
Knowledge and application of advanced mathematical concepts to solve problems and prepare data for analysis
1- 2 years of payroll or benefit accounting experience preferred
Understanding of payroll processing requirements is a plus
Demonstrated organization and high level of analytical and quantitative skills
Commitment to teamwork through relationship-building, reliability, and collaboration
Good communication skills and able to work with different management levels
Must be detail oriented and have strong analysis and communications skills
Possess a positive attitude with a strong desire to learn
Ability to work on multiple projects concurrently and within deadlines in a fast-paced environment
Ability to thrive in both structured and project-oriented work environments
Self-starter with motivation and discipline to complete work on time with limited oversight
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.