Contracts Administrator managing commercial and contractual aspects for assigned projects in Emerson's Power & Water Solutions team. Ensuring compliance, risk management, and promoting successful project execution.
About the role
- Defined Contribution Retirement Plan Senior Administrator responsible for designing retirement plans and ensuring compliance for a community bank. Collaborates with clients and responds to regulatory inquiries while managing team communications.
Responsibilities
- Interpret trust financial statements and exercise judgement to reconcile retirement plan accounts
- Determine discrepancies and communicate solutions to client
- Independently perform compliance and nondiscrimination testing
- Allocate employer contributions under cross-tested, pro-rata, and integrated formulas
- Communicate directly with clients and their professional advisors regarding recommendations for plan administration
Requirements
- High school diploma or equivalent required
- Bachelor’s degree preferred with emphasis on business, finance, or accounting
- Professional credentials (i.e., ERPA, QKA, etc.) are preferred
- Minimum four years of experience in Defined Contribution Retirement Plan Administration including recordkeeping, compliance testing, plan conversions and trust accounting or comparable experience required
- High degree of technical/legal knowledge including familiarity with Internal Revenue Code and ERISA as they apply to qualified plans
- Must be professional, comfortable speaking with external and internal contacts
- Proficiency with Microsoft 365 products and applications
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Remote work options
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