Benefits Accountant

Bancroft•Cherry Hill, NJ

56d•$56,000 - $65,000•Onsite

About The Position

We're Hiring: Benefits Accountant Location: Cherry Hill, NJ Employment Type: Full-time, in person Exemption Status: Non-Exempt Department: Accounting Reports To: Accouting Supervisor The current compensation rate for this position is: $56,000-$65,000 annually Are you looking for a new professional challenge? Do you want to build a fulfilling career with real purpose? Join Bancroft, one of the region's largest nonprofit human services organizations. Here, you'll be supported by coworkers who are committed to one another, and who strive toward one mission and purpose. As a nonprofit organization, we are solely committed to supporting people with special needs and their families, to help make it One World. For Everyone. We are seeking a Benefits Accountant to join our Corporate Office in Cherry Hill, NJ. This role will be responsible for reconciling vendor and payroll data, ensuring benefit plan accuracy, and supporting budgeting, audits, and compliance across all employee benefits programs.

Requirements

BS in Accounting or related field preferred; minimum of two years of experience in the accounting field,preferably within a healthcare setting.
Strong knowledge of accounting principles, financial recordkeeping, and compliance regulations, especially within healthcare settings.
Familiarity with finance, budgeting, cost control, and current federal, state, and local accounting standards.
Ability to follow policies and procedures to ensure regulatory compliance.
Excellent communication, interpersonal, presentation, project management, and organizational skills.

Responsibilities

Performs routine reconciliations of all benefits-related charges, including employer-sponsored, voluntary, retirement, leave and ACA. Ensures compliance with Bancroft policies and procedures, state and federal laws and regulations, and Generally Accepted Accounting Principles.
On a bi-weekly basis, analyzes and reconciles vendor data with UKG to ensure accuracy and resolve discrepancies.
Obtains vendor reports and performs monthly reconciliations for all benefit plans, including Medical, Dental, Vision, Life, STD/LTD, Voluntary Benefits, Pledges, 403(b), and others as applicable.
Reviews ACA eligibility reports from UKG; recommends necessary eligibility corrections.
Coordinates with third-party leave management to verify accurate benefits for employees on FML, PSL, and WC leave.
Bi-weekly, reconciles reports from the third-party 403(b) plan administrator.
Verifies employee elections and employer contributions; researches and resolves discrepancies as needed.
Provides backup and support for other employer-provided benefits (e.g., tuition reimbursement, student loans, expense reimbursements).
Participates in the annual 403(b) audit by preparing reports and assisting auditors with requested data.
Assists in preparing the annual benefits budget and analyzing payroll budget vs. actual results.
Researches benefit-related transactions and performs special assignments as required.
Maintain compliance with organizational standards while demonstrating Bancroft's Core Values and commitment to a respectful, ethical workplace.

Benefits

Meaningful Purpose: We truly make a difference in the lives of others, which inspires us to be better people, and gives us purpose.
Lasting Bonds: We are a close-knit, committed team who feel like a second family
Personal Growth: There are opportunities to learn and build skills, professional development, career advancement, tuition assistance, and loan repayment programs
Outstanding Benefits: We offer competitive salaries, retirement savings program, generous paid time off, medical and dental insurance, and more

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