Benefits Accounting Manager - UC Office of the President at Another Source in Oakland, California

Posted in Accounting 24 days ago.

Type: Full-Time

$120,000.00 - $136,700.00 per year




Job Description:

Another Source’s client, UC Office of the President, is recruiting a Benefits Accounting Manager to join their team in Oakland, CA. This is a hybrid position requiring two days a week onsite.  

 

Here’s a little about UC Office of the President and the position they are recruiting for:  

The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President  

 

Department Overview 
UC Controller provides strategic leadership and support of systemwide financial functions including corporate accounting, federal and extramural costing policy, benefit plan accounting, endowment and investment accounting, payroll policy and compliance and taxation. We deliver efficient and effective financial services, provide best practices and guidance to our campus and medical center communities, develop and administer systemwide policies and procedures, and ensure the University’s financial systems are compliant with all University, State and Federal laws, rules and regulations. 
 

What’s in it for you:   

UC Office of the President offers a comprehensive compensation and benefit package including medical, dental, retirement, tuition discounts, and more. Learn more about their benefits here: Employee benefits | UCnet (universityofcalifornia.edu) 

The anticipated annual base salary range for this position is $120,000 - $136,700, commensurate with experience. 

 

About the Role: 

Reporting to the Associate Controller, the Benefits Accounting Manager is responsible for preparing, managing, administering and directing the work done in the Benefits Accounting area. In collaboration with the Retirement Administration Service Center, Systemwide Human Resources Total Rewards, Benefits Information Systems, UCPath Center, tax, legal and other units or outside consultants as needed, the Benefits Accounting Manager creates and delivers programs that support the recruitment and retention of world-class faculty and staff and supporting University members with their pension and health & welfare benefits. They lead projects that include formulating strategies and administering policies, processes and resources that affect immediate operations. This includes maintaining accurate accounting records for the University of California's health and welfare programs, the University of California Retirement System and the University of California Retiree Health Benefit Trust. Receives assignments in the form of objectives with goals and develops strategies to accomplish these goals. Provides direction to employees according to established policies and management guidance. Works on issues where analysis of situation or data requires review of relevant factors. Exercises judgment to determine appropriate action. Administers policies that directly affect subordinate staff. Recommends changes to department policies and practices. Identifies risks and responds accordingly. Provides priority setting and workflow analysis. 
  

Responsibilities:  

45% Accounting Operations  

  • Collaborates with the Retirement Administration Service Center, Systemwide Human Resources Total Rewards, Benefits Information Systems, UCPath Center, tax, legal and other units or outside consultants as needed, to create and deliver programs.  

  • Supports the accounting functions for the pension and health & welfare benefits programs including administering retiree payroll and vendor payment schedules, testing/implementing pension administration system enhancements and resolving benefits program-related issues.  

  • Serves as a leader in the ongoing development, implementation and maintenance of the systemwide chart of accounts, Oracle Cloud financial accounting, pension administration system and University's consolidation and reporting tools in accordance with generally accepted accounting principles and University policies and procedures.   

 

30% Management and Leadership  

  • Leads Benefits Accounting team to ensure the timely month-end and year-end close with other departments. Manages team of accounting staff and provides mentoring, coaching, performance reviews, approvals of timesheets, trainings, and reviews requests for work absences/overtime.  

  • Establishes and monitors benefits accounting policies and procedures, including process improvement efforts as needed and the selection, development, and evaluation of personnel to staff various assignments in a manner ensuring the efficient operation of the unit.   

 

15% Reporting and Auditing  

  • Coordinates the annual financial statement audits of the UC Retirement System and UC Retiree Health Benefit Trust and the agreed-upon procedures for the UC Student Health Insurance Plan.  

  • Ensures the accurate compilations, analysis, and reporting of accounting data and revenue for the university's Health & Welfare program quarterly financial statements and the annual financial statements for the UC Retirement System and UC Retiree Health Benefit Trust.   

 

10% Other  

  • Represent the Systemwide Controller's Office in various programmatic initiatives. Serves as the primary contact for escalated issues in connect with key stakeholders such as UCOP departments/units, campuses, medical centers, Department of Energy and vendors Performs other duties as necessary to support   

 

Required Qualifications: 

  • Bachelor's degree in related area and/or equivalent experience/training.  

  • Min 8 years of accounting operations and leadership experience required  

  • Solid knowledge of financial transactions and financial systems, as well as related policy, accounting, and regulatory compliance requirements.  

  • Proficient in the use of Microsoft Office and common desktop/web applications.  

  • Strong interpersonal skills, service orientation, ability to multi-task effectively in a varied, high volume environment, judgment and decision-making, reasoning, ability to develop original ideas to solve problems, and effective verbal and written communication skills.  

  • Working knowledge of employee benefit plan accounting and reporting, institutional investments, tax reporting, and applicable GASB standards.  

 

Another Source works with their clients, on a retained project basis.  We are committed to building inclusive candidate pools as we partner with hiring teams. Veterans, women, people of color, LGBTQIA+, and people with disabilities are encouraged to apply. As you read through the job posting and review the list of qualifications (required and/or preferred), please do not self-select out if you feel you do not meet every qualification. No one is 100% qualified. We encourage you to apply and share your story with us. 


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