ACCOUNTING TECHNICIAN (PENSION PLAN)

NEXCOM•Virginia Beach, VA

About The Position

Responsible for the accounting maintenance quality and accuracy of all NEXCOM Enterprise U. S. including Coast Guard and Appropriated Fund pension records. Researches and reconciles pension accounts and prepares computer generated reports.

Requirements

A total of 4 years consisting of the following
GENERAL EXPERIENCE: 3 years' experience gained in work which has demonstrated arithmetic aptitude and ability accuracy and attention to detail and the ability to apply established procedures for recording and compiling data.
OR SUBSTITUTION OF EDUCATION FOR EXPERIENCE: 1 year of academic study above the high school level may be substituted for 9 months of experience up to a maximum of a 4-year bachelor s degree for 3 years of general experience.
AND SPECIALIZED EXPERIENCE: 1 year responsible experience which enabled the applicant to acquire and apply a knowledge of established accounting and related data processing procedures and techniques in the performance of such functions as analyzing and classifying or recording transactions balancing reconciling adjusting or examining accounts developing or verifying accounting data for reports statements and schedules or performing prescribed analyses of accounting data.

Responsibilities

Receive from payroll contractor s bi-weekly pension deduction for each Navy Exchange employee worldwide and reconcile payroll earnings and Plan contributions to the pension amounts maintained in the HRIS database.
Research accounting and personnel records to reconcile discrepancies between pension information recorded by the payroll contractor with information appearing on the exchange detail ledger.
Coordinates with the technical staff in debugging pension accounting issues. Identifies problems arising in the processing of information and suggests probable sources of issues based upon experience with the program.
Designs and generates reports from the HRIS database and accesses and reviews data maintained in the payroll database system to facilitate the reconciliation process.
Based on research performed and information received from field Exchanges makes adjustments to pension records necessary to reconcile discrepancies through the automated pension accounting system.
Manually validates balances and enters pension data for certain overseas Coast Guard Appropriated Fund and Military Sealift Command associates covered by the NES NEXCOM Enterprise pension plan.
Produces computer generated pension earnings and contributions reports and year end benefits statements as necessary through manipulation of information records contained in the HRIS.
Compute track and accept direct payments via check or credit card banking system made for pension contributions from NEX associates in a leave without pay status IOU or missed contributions. Ensures payments are properly documented recorded and reconciled.
Processes tracks and accepts payments for pensions for Appropriated Fund employees who elect to stay with NEX Enterprise pension plan. Ensures payments are properly documented recorded and reconciled.
Performs various accounting functions such as researching and computing retroactive payroll deductions and or refunds for amount under over withheld. Prepare correspondences to associate explaining payroll adjustments as necessary.
Validates earnings and contributions of all claims processed and sent to John Hancock.
Produces the Annual Retirement Reports for Actuary Code F Financial team Tower Watson and for internal use.
Ensures compliance with established internal control procedures by working with auditors in examining records operating practices and proper documentation.
Conducts themselves in a professional manner providing a high degree of service and support and courtesy to customers. Recognizes the importance of genuine obvious and active attention to customers in a retailing and services organization exercises tact good manners and courtesy when serving and assisting customers and fellow associates. Focuses on the customer or fellow associates tactfully responds to inquiries and provides assistance in a prompt and friendly manner.
Performs other related duties as required