Director of Benefits Accounting at KBW Financial

Job Title: Director of Benefits Accounting

Location: Boston, Springfield 

Compensation: $110K-$145K + 20% Bonus 

Work Arrangement: Hybrid 

A local company has partnered with KBW to find a highly qualified Director of Benefits Accounting. This role requires a CPA and is ideal for candidates with experience in Employee Benefit Plan audits for Defined Benefit, Defined Contribution, and Health & Welfare plans.

Position Overview:

We are seeking an experienced Director of Benefits Accounting to join our team. This role will play a crucial part in leading the accounting function related to employee benefits. The successful candidate will work closely with various departments, including HR, Legal, Tax, and other Controllers teams, to ensure accurate financial reporting and continuous improvement in processes.

Key Responsibilities:

- Lead a collaborative and inclusive culture by working closely with Controllers teams and other business areas within HR, Legal, and Tax.

- Develop oversight models for tracking actual results across all HR and benefits-related expenses, incorporating balance sheet reviews and providing timely, accurate results to key business partners and senior leadership in CFO and HR organizations.

- Identify and implement accounting improvements to increase business value and team efficiency.

- Lead increasingly complex projects and continuous improvement activities beyond the team's scope.

- Drive problem-solving initiatives to improve quality, reduce close cycle times, increase efficiencies, and enhance employee engagement and customer satisfaction.

- Develop, document, and ensure adherence to internal controls, policies, and procedures for accurate and timely financial reporting.

- Make recommendations to improve the overall control environment, monitoring the control environment of subsidiary accounting, including vendor-performed accounting.

- Collaborate effectively with accounting policy, financial close & consolidations, HR, Legal, corporate tax, FP&A, expense management, financial reporting, capital management, and other departments as appropriate.

- Lead close improvement efforts, including development and ownership of oversight models, issue resolution, and support for the subsidiary accounting team.

Qualifications:

- Bachelor’s degree in Accounting, Finance, or related major.

- 7+ years of related work experience with a track record of increasing responsibility.

- Knowledge and experience in U.S. GAAP.

- CPA required.

- Experience with Employee Benefit Plan audits for Defined Benefit, Defined Contribution, and Health & Welfare strongly preferred.

- Former public accounting experience and/or experience with benefits accounting and compensation-related accounting/controllership strongly preferred.

- Strong analytical skills with the ability to analyze financial data sets and convey the story behind the data.

Contact Information:

For more information, please contact our recruiting consultant at KBW. Send an updated resume to wcochran@kbwfinancial.com