Accounting Manager - Pension & Benefits
Daimler Truck North America•Portland, OR
•Hybrid
About The Position
The Pensions & Benefits Manager role is responsible for the accounting, reporting, and management of personnel and fringe benefit costs and activities. This role manages payroll, fringe benefit, pension, and expatriate accounting, as well as fringe rate setting, investment management, and regulatory functions for the pension and 401(k) retirement trusts. This role works cross-functionally with the Our People Team, Manufacturing Controlling, and financial reporting business partners and manages vendor relationships with actuaries, investment managers, investment advisors, and auditors.
Requirements
- Bachelor's degree in Accounting, Finance, Economics, Actuarial Science, or related field required.
- 8+ years of progressive experience in accounting, pension administration, employee benefits accounting, treasury, or finance operations.
- 3+ years of leadership experience managing accounting, investment management, finance, or benefits professionals or related experience.
- Strong accounting and financial reporting background, including experience reviewing and approving complex accounting entries, reconciliations, and financial reporting schedules.
- Experience with employee benefit, pension, payroll, or related accounting functions
- Strong analytical, project management, and business partnering skills.
Nice To Haves
- Strong working knowledge of IFRS accounting related to pensions, post-retirement benefits, payroll, and employee benefit plans.
- Investment committee, retirement plan governance, or institutional investment oversight experience
- Understanding of actuarial concepts
- CPA
- Experience with payroll accounting and fringe rate development
- Manufacturing or complex corporate environment experience
Responsibilities
- Coordinate and facilitate Investment Committee and sub-committee meetings, activities, and agenda items
- Partner with external advisors to drive & implement retirement trust investment strategy and ensure alignment with industry best practices
- Perform investment manager due diligence
- Coordinate with the custodian bank, including monitoring and rebalancing retirement trusts, and overseeing payment and wire processing
- Oversee pension & retiree medical actuarial services, including rebalancing, expense, pension funding, and project-based activities
- Coordinate plan benefit audits and regulatory filings for retirement plans and trusts
- Partner with global pension, healthcare, and treasury employees on key benefit topics and recommendations
- Management of payroll, fringe, pension, retiree medical, and expatriate accounting activities, including oversight of month-end close, review of key accounting entries and reconciliations, and resolution of complex accounting matters.
- Lead, coach, and develop team members by providing clear direction, regular feedback, and support for professional growth.
- Support internal and external auditors to ensure appropriate accounting treatment and adherence to internal procedures
- Cross-functionally manage the fringe rate setting and review process in partnership with Controlling, OPT, and other business stakeholders
- Oversight and approval of benefit vendor expenses
- Ensure key investment, contribution, and GL reconciliations are completed and accurate
- Evaluate the team’s key internal controls to ensure necessary controls are in place, documented, and tested in accordance with the Company’s internal requirements
- Serve as a key business partner across accounting, controlling, finance operations, CPR, and OPT teams.
Benefits
- annual variable pay bonus program
- eligible for the use of a company vehicle
- 401k company contribution with company match up to 8 % as well as non-elective company contribution of 3 - 7% depending on age.
- starting at 4 weeks paid vacation
- 13+ calendar holidays
- 8 weeks paid parental leave
- employee assistance program
- comprehensive health care plans
- wellness programs
- onsite fitness (at some locations)
- tuition assistance
- volunteer paid time off
- short-term and long-term disability plans
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What This Job Offers
Job Type
Full-time
Career Level
Manager
