Benefits Accountant

Employer
Kforce
Location
Washington, DC
Posted
Sep 13, 2021
Closes
Sep 15, 2021
Ref
86584105
Function
Accountant
Hours
Full Time
Kforce has a client that is seeking a Benefits Accountant in Washington, DC.Key Tasks: * Benefits Accountant establishes, and reviews required journals; Ensures journal entries are properly prepared, edited, and posted; And reviews transactions which form the basis to account for the Company's compensation and benefit plans. which could include Pension, OPEB, stock-based compensation, paid time off, bonus accruals and other benefit related items * Conducts analyses of financial transactions and explains variations from year to date and prior year results, and budgeted and forecasted amounts * As a Benefits Accountant, you perform reconciliations of balance sheet accounts related to benefit accounting and resolves any unreconciled items * Participates in the preparation and detail review of both external and internal schedules/reports of monthly, quarterly, and annual basis * Acts as liaison related to benefit matters for both internal audiences (Human Resources, Office of the General Counsel, Financial Reporting and Regulatory Affairs) and external audiences (actuary, external fund manager, auditors) * Benefits Accountant coordinates the preparation of the annual GAAP Financial Statements for the Pension Plan, Retiree Medical Plan, HRA Plan and Group Life Plan (held in VEBA trusts), and 401K Plans. In addition, participates in the management of the audits for accurate and timely filing * Participates in the formulation, determination and execution of Benefits Accounting policies and procedures * Provides formal responses to inquiries or other information requested monthly, quarterly, or annually by senior management, other business units, and internal and external auditors; Benefits Accountant oversees the preparation of information furnished in the initial filing of rate case data and responds to data requests from the Commissions regarding benefit accounting * Bachelor's degree in Accounting, Finance, or a related discipline * Master's degree in Accounting or Finance preferred * CPA license preferred; A Master's degree in Accounting or a CPA license may be substituted for 1 year of the experience requirement * A minimum of 5 years of experience in an accounting function required * Experience in benefits accounting, technical accounting, or payroll accounting * Working knowledge of PeopleSoft General Ledger module and reporting tools, including nVision, Query, Crystal, and Clarity & Workday * Demonstrated working knowledge of GAAP; Experience interpreting and applying the requirements of Accounting Standards Codification (ASC) Topics 710 - 718 preferred * General knowledge of SEC regulations and filing requirements, along with the FERC uniform system of accounts preferred * Understanding of the regulated energy industry preferred Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.*Compensation Type:*Years