Community Financial System, Inc.
Accounting Supervisor - Employee Benefits
Community Financial System, Inc., DeWitt, New York, United States
Accounting Supervisor - Employee Benefits
Join to apply for the
Accounting Supervisor - Employee Benefits
role at
Community Financial System, Inc. Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration. We’re committed to helping our employees grow and succeed with competitive compensation, benefits, and development opportunities. We are an equal-opportunity workplace and affirmative-action employer, celebrating a diverse workplace for the benefit of all: our employees, customers and communities. Responsibilities
Coordinate, supervise and understand the accounting for benefit-related plans including the Company’s pension and 401(k) plans, retiree medical plan, bonus programs, self-insured medical plans, various deferred compensation plans, CFSI Long-term Incentive Plan (LTIP) activity, supplemental executive retirement plans, and miscellaneous payroll and benefits accruals. Reconcile CFSI LTIP activity to subsidiary records and perform the Earnings per Share calculation on a monthly basis. Supervise the accounting for biweekly and semi-monthly payrolls; assist in investigating reconciling items and work with Human Resources to clear them in a timely manner. Establish monthly payroll accrual schedules and supervise the accounting of month-end payroll accruals. Understand the various benefits included in benefit allocations and which benefits apply to each subsidiary; set up new benefit allocations and supervise monthly benefit allocations. Prepare payroll analyses and investigate fluctuations in benefit-related accounts. Perform/oversee accounting administration of the CBSI LTIP, assist Section 16 Officers and Directors with stock option exercises, ensure reporting requirements are followed, and provide general information regarding equity instruments to participants. Support the Director of Employee Benefits Accounting and provide assistance as needed. Qualifications
Education/Training:
B.S. Degree in Accounting or Business Administration. CPA preferred. Skills:
Proficient knowledge of U.S. GAAP and SEC reporting related to equity compensation; beneficial knowledge of benefits accounting; strong analytical and problem-solving skills; advanced computer skills (Word, Excel, databases); effective written and verbal communication and collaboration abilities. Experience:
Minimum of three (3) years external public accounting experience or related positions in a publicly traded company preferred; experience with employee benefits-related accounting preferred. All applicants must be 18 years of age or older. Other Job Information
Compensation:
Commensurate with experience plus potential for annual merit increase. Benefits include: 11 paid holidays, paid vacation, medical, vision & dental insurance, 401K with generous match, pension, tuition reimbursement, banking discounts, and more. Physical Requirements:
Reasonable accommodations may be made for individuals with disabilities. Duties may require sitting, standing, or walking; use of hands; occasional lifting up to 25 pounds; vision and hearing abilities as needed. EEO Statement:
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by law. The Company will make reasonable accommodations for qualified individuals with a disability upon request.
#J-18808-Ljbffr
Join to apply for the
Accounting Supervisor - Employee Benefits
role at
Community Financial System, Inc. Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration. We’re committed to helping our employees grow and succeed with competitive compensation, benefits, and development opportunities. We are an equal-opportunity workplace and affirmative-action employer, celebrating a diverse workplace for the benefit of all: our employees, customers and communities. Responsibilities
Coordinate, supervise and understand the accounting for benefit-related plans including the Company’s pension and 401(k) plans, retiree medical plan, bonus programs, self-insured medical plans, various deferred compensation plans, CFSI Long-term Incentive Plan (LTIP) activity, supplemental executive retirement plans, and miscellaneous payroll and benefits accruals. Reconcile CFSI LTIP activity to subsidiary records and perform the Earnings per Share calculation on a monthly basis. Supervise the accounting for biweekly and semi-monthly payrolls; assist in investigating reconciling items and work with Human Resources to clear them in a timely manner. Establish monthly payroll accrual schedules and supervise the accounting of month-end payroll accruals. Understand the various benefits included in benefit allocations and which benefits apply to each subsidiary; set up new benefit allocations and supervise monthly benefit allocations. Prepare payroll analyses and investigate fluctuations in benefit-related accounts. Perform/oversee accounting administration of the CBSI LTIP, assist Section 16 Officers and Directors with stock option exercises, ensure reporting requirements are followed, and provide general information regarding equity instruments to participants. Support the Director of Employee Benefits Accounting and provide assistance as needed. Qualifications
Education/Training:
B.S. Degree in Accounting or Business Administration. CPA preferred. Skills:
Proficient knowledge of U.S. GAAP and SEC reporting related to equity compensation; beneficial knowledge of benefits accounting; strong analytical and problem-solving skills; advanced computer skills (Word, Excel, databases); effective written and verbal communication and collaboration abilities. Experience:
Minimum of three (3) years external public accounting experience or related positions in a publicly traded company preferred; experience with employee benefits-related accounting preferred. All applicants must be 18 years of age or older. Other Job Information
Compensation:
Commensurate with experience plus potential for annual merit increase. Benefits include: 11 paid holidays, paid vacation, medical, vision & dental insurance, 401K with generous match, pension, tuition reimbursement, banking discounts, and more. Physical Requirements:
Reasonable accommodations may be made for individuals with disabilities. Duties may require sitting, standing, or walking; use of hands; occasional lifting up to 25 pounds; vision and hearing abilities as needed. EEO Statement:
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by law. The Company will make reasonable accommodations for qualified individuals with a disability upon request.
#J-18808-Ljbffr