Remote
Boston,
MA
02116
US
Posted: 05/26/2023
2023-05-26
2023-07-03
Employment Type:
Contract
Job Category: Accounting & Finance
Job Number: 567944
Is job remote?: Yes
Country: United States
Job Description
Financial Accounting Analyst
6-month contract, extension possible
Location: Remote (EST hours)
$35-38/hr
Must Haves:
- HS diploma
- At least 1-2 years of experience in a financial or accounting role
- Strong with Excel
Preferred:
- Insurance experience
- Experience driving financial or compensation efficiencies
Job Description:
As an analyst within Global Total Rewards (GTR), you will be responsible for supporting GTR through accounting, analytical and auditing compliance to drive financial and compensation efficiencies. In this role, you will:
- Gain a broad understanding of benefits financial drivers and trends
- Gain an understanding of external market pay data that drives internal compensation practices
- Serve as a central point of contact for GTR finance, administration, global mobility, and compensation practice leaders
Responsibilities:
- Receive, review and process invoice payments related to Benefits programs daily
o Receive and monitor invoices from over 50 vendors via email and from external vendor websites.
o Review each invoice for accuracy and, if necessary, contact necessary SMEs to ensure payment should be made.
o Respond to vendor inquiries regarding payment and banking changes.
o Serve as central point of contact for new vendors and add them to Liberty’s internal vendor master system.
- Record and track all invoice payments on a monthly basis via Recordkeeping spreadsheet.
o Ensure all payments are made and paid from the correct internal ledger accounts.
- Uncashed checks reconciliation
o Running reports, validating amounts with claims administrator, processing refunds with Payroll, coordinating uncashed check reporting with treasury, coordinating journal entries
- Spending account reconciliation
o Payroll reporting/review to Optum/WTW: Coordinate review of exception reporting (EE contribution rejections due to employment status, or timing, etc.)
o Coordinate refunds with payroll as needed
o Employee review (HSA): Compare Payroll/HSA administrator deductions/actual deductions and confirm amounts are equal – update with payroll as needed
o Employer contributions (HSA): Comparing administrator’s ER contribution record and actual contributions received by HSA Admin
o Review post-tax population as well
- H&W Benefits deduction reconciliation
o Reconcile any differences between administrator payroll deduction reporting and actual deductions with payroll
o Set up additional deductions/refunds as needed with payroll
o Send communications to impacted employees
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