Retirement Benefits Payments Analyst Job at Bthr Solutions, Columbia, MD

NGZnbDJuUW1ZRGowTCtxazN6UjdMdXJwWFE9PQ==
  • Bthr Solutions
  • Columbia, MD

Job Description

Job Description

Our client is seeking a Retirement Benefits Payments Analyst for a fully remote 12 month contract position. In this role, you would process retirement benefit payments for defined benefit and 401(k) plans.

Job Responsibilities:

  • Perform day-to-day operations of Retirement Benefit Payments function, ensuring accurate and timely remittance and filing of required tax withholdings in accordance with applicable Federal, State and local laws and regulations for the multiple employer retirement plans
  • Ensure all retirement payments are accurately recorded in the general ledger and all related general ledger payroll withholding accounts are accurately and timely reconciled
  • Review benefit payment tax filings, approve remittances, assist with responses to tax letters and notices, and support tax abatement requests.
  • Ensures the accurate and timely remittance and filing of all required Federal and State withholding taxes in accordance with applicable regulations
  • Collaborates with staff across the association to ensure accuracy, efficiency, and process integrity
  • Supports annual 1099-R preparation and issuance
  • Implement strategy for optimizing how use of ADP benefits payments and Omni-Pay benefit payment systems to ensure transaction processing is efficient and effective

Job Qualifications:

  • At least 5 years accounting operations experience, including retirement benefit payment processing
  • Experience working with automated systems (e.g., Omni-pay, Workday Financials, etc.)
  • Knowledge of garnishment and multijurisdictional benefits payments administration
  • Knowledge of State and Federal tax withholding and filing requirements, including 941, 945, 1099-R and W-2 preparation, filing and related reconciliations
  • Knowledge of tax dispute resolution/penalty abatement
  • Ability to work with complex financial spreadsheets
  • Ability to communicate, both verbally and in writing, with a diverse membership, employees and/or vendors in a clear and precise manner

Job Tags

Contract work, Local area, Remote work,

Similar Jobs

Clippard Instrument Laboratory, Inc

Quality Manager Job at Clippard Instrument Laboratory, Inc

The Quality Manager is responsible for managing the day-to-day operations of the Quality Control Department by developing, implementing, maintaining, and continuously improving the Quality Management System (QMS) in accordance with ISO 9001 standards. This role ensures... 

State of Florida

FISHERIES & WILDLIFE BIO SCIENTIST II - 77073227 Job at State of Florida

 ...Requisition No:864160 Agency: Florida Fish and Wildlife Conservation Commission Working Title: FISHERIES & WILDLIFE BIO SCIENTIST II - 77073227Pay Plan: Career Service Position Number:77073227 Salary: $41,000, annually Posting Closing Date: 11/14/20... 

Aptyx

Project Manager (Med Device) Job at Aptyx

Project Manager (PM) is responsible for planning, overseeing, and leading projects from ideation through completion. This role requires interaction with a range of internal and external stakeholders, most often managing several moving project parts simultaneously. The PM...

Sky Ford of Provo

Express Service Advisor Job at Sky Ford of Provo

The responsibilities of a Service Advisor include greeting customers, listening to their needs, and scheduling appointments as needed. They may also set up loaner cars and verify insurance before maintenance is scheduled. By working at a Ford dealership, you can be...

ATC Oakland County

LPN Corrections Job at ATC Oakland County

The Corrections LPN works inside a correctional facility. This position is responsible for providing care and care coordination for...  ...health systems, multi-unit senior care companies, governments, school systems, VMS and MSP vendors trust us to deliver more than 100,0...