Accountant for Defined Benefit Plan

11 hours ago

Arlington, Virginia, United States National Rural Electric Cooperative Association Full time
Job Title: Accountant for Defined Benefit Plan

National Rural Electric Cooperative Association (NRECA) is seeking a highly skilled Accountant for Defined Benefit Plan to join our team. As a key member of our Finance department, you will be responsible for managing the accounting, financial planning, and procurement operations for our defined benefit retirement plan.

Key Responsibilities:
  • Oversee the full cycle accounting and financial reporting duties for the NRECA Retirement Security Plan.
  • Apply best practices and accounting standards to manage the daily, monthly, quarterly, and annual accounting, financial reporting, audit, and tax reporting requirements of the Retirement Security Plan.
  • Provide financial advice and analysis to key stakeholders within Finance and Insurance and Financial Services.
  • Manage the planning and preparation of the Retirement Security Plan budget, including holding key stakeholder meetings to ensure the timely and efficient delivery of the annual budget.
  • Support permissible plan billing, including the reconciliations that leave a clear audit trail between NRECA's accounting records and the amounts billed to the Plans, to ensure only permissible expenses are billed, in compliance with ERISA.
  • Monitor and analyze staff time charged to the Plans and investigate any unusual time charging trends, providing advice to managers and staff regarding the proper charging of time to the Plans.
  • Support the annual permissible expense audit as necessary and as required.
  • Oversee annual audit schedules, GAAP financial statements, and ad hoc analysis pertaining to the Retirement Security Plan's annual audit.
Requirements:
  • Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education, training, and additional experience.
  • 8 or more years of progressive accounting/finance/budgeting experience.
  • Prior experience in Employee Benefit Plan Administration industry (Defined Benefit and Defined Contribution Retirement Plans and Health and Welfare Plans) and an in-depth knowledge and understanding of Generally Accepted Accounting Principles and ERISA regulations.
  • CPA, CMA, or CFE license preferred.
What We Offer:

NRECA is a unique national trade association providing advocacy, financial services, and business support services to over 900 consumer-owned electric cooperatives across the country. We offer a collaborative workplace, a commitment to service excellence, and a best place to work employer. As a member of our team, you will have the opportunity to work with a dynamic group of individuals who are passionate about making a difference in the lives of our members.

We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and detail-oriented individual with a passion for accounting and finance, we encourage you to apply for this exciting opportunity.

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