THE ROLE: Vice President, Compensation & Benefits Accounting
Manage the budgeting, forecasting and accounting of the Company’s compensation and benefits expenses.
MORE ABOUT WHAT YOU’LL DO:
Responsible for the accounting for all compensation and benefits costs including employee compensation, annual and long-term incentive plans, retirement plans (2 qualified and 4 non-qualified plans), and all additional components of the company’s benefit plans.
Oversee the analysis and reconciliation of all related balance sheets
Lead the annual benefit plan audits with outside auditors for the qualified retirement plans. Prepare the financial statements for each qualified plan. Liaise with all parties, outside auditors, plan trustees, recordkeepers, actuaries and human resources to ensure timely completion of the benefit plan audits and filing of the 5500 statements.
Develop and maintain all policies and procedures related to payroll, compensation, and benefit accounting.
Stay current with all related FASB pronouncements and work with the VP, Assistant Controller to adopt and modify when applicable.
Research and document technical accounting issues that are relevant to the company’s benefit plans. Provide coverage on all year-end financial audit items related to compensation and benefits
Partner with the actuary firm to ensure that all funding requirements for the Defined Benefit Plan are met.
Work with the investment manager to ensure there is adequate funding for the Senior Executive Retirement Plans (SERP) distributions.
Perform various general ledger month-end financial close activities; ensure that the transactions for all compensation and benefits related costs are properly recorded as part of the monthly financial close process. Make sure that the accruals and the accounting for the Defined Benefit Plan, SERP and the Post-Retirement Medical Plans, are in accordance with US GAAP.
Role requires heavy interaction with HR’s VP of Total Rewards, actuaries, plan investment managers, plan trustees, and external benefit auditors to ensure that the Company appropriately meets its fiduciary responsibilities.
Supervise Senior Compensation Manager responsible for the day-to-day responsibilities of Compensation and benefits Accounting tasks.
Oversee the Payroll functions and provide guidance and expertise to the Sr. Director of Payroll in managing the priorities and deliverables for the Payroll team.
Perform special projects and provide support as needed by SVP Controller & Treasurer
CPA is preferred but not required.
Prior experience overseeing corporate payroll functions is required.
7 - 10 years of Accounting experience with at least 3 of those years working in a compensation and benefits accounting role.
Knowledge of general accounting principles. Specific technical knowledge of benefits accounting.
Public accounting experience required.
Prior knowledge of SAP software preferred.
Ability to work independently.
Strong communication skills, written and verbal is required.
ABOUT A+E NETWORKS®
We are a global media and entertainment brand portfolio that finds, cultivates, illuminates and markets entertainment content to worldwide audiences.
A+E Networks® is a collection of culture brands that includes A&E®, The HISTORY® Channel, Lifetime®, LMN™, FYI,™, Vice TV and BIOGRAPHY®. We are in seven out of 10 American homes, cumulatively reach 335 million people worldwide and have 500+ million digital users.
We are in the story business and just as the industry and art form have evolved, so have we. Since our founding in 1983 with just two cable channels, we have grown into a multi-platform, multimedia, multi-genre content creator. Our brands have points of view we proudly champion and defend. We got to where we are by being great listeners, innovators and idea movers, specializing in the human experience.