Executive Benefits & Compensation Analyst I

Trustmark Bank•Jackson, MS

1d•Onsite

About The Position

The Executive Benefits & Compensation Analyst I is responsible for calculating the accounting for Trustmark’s bank owned life insurance (BOLI), Executive Benefit Plans [the Non-Qualified Deferred Compensation Plan (NQDC), the Supplemental Executive & Director Retirement Plan (SERP), the Stock Compensation Plan (SICP) and the Defined Benefit Retirement Plans (DBP)], and some general benefit programs.

Requirements

Bachelor's degree in Finance, Accounting, or related degree
2 years of experience of post-graduation work experience in Accounting, Audit, or Finance
Detail oriented
Deadline management and prioritization
Data input, consolidation, and transformation
Quantitative data analysis, interpretation, and crafting presentation across common platforms (including Excel: pivot table, vlookups, complex nested formulas, SmartView, Adobe, etc…)
Relationship management
Knowledge of general accounting practices
Interpersonal skills including effective written and verbal communication across various media platforms and channels
Critical thinking and decision making
Integrity and confidentiality

Nice To Haves

Knowledge of Executive Benefit Programs preferred
Master’s degree with concentration in Accounting preferred
CPA license preferred
Knowledge of Microsoft Word mail merge preferred
Experience with General Ledger bookings and monthly close processes including balance sheet reconciliation/substantiation, journal entries, and variance analysis preferred
Experience in updating dashboards and presentations through Excel and PowerPoint preferred

Responsibilities

Tracks multiple Executive Benefit programs through documentation and following the proper legal guidelines to ensure legal compliance and accurate reporting.
Complete monthly and quarterly general ledger reconciliations for benefit plans, noting that entries are reasonable and adjustments timely and accurate.
Prepare Executive Benefit Plan disclosures for the Proxy, 10-K, and 10-Q.
Build relationships with internal key stakeholders and external vendors to answer questions, coordinate large projects, and act as liaison between internal and external stakeholders.
Develop and review program documentation for participants, various committees, and the Board of Directors.
Coordinate the process of granting and vesting of restricted stock awards under the SICP including determination of eligibility for annual grant and obtaining approval documentation needed.
Coordinate the annual enrollment process, review participant elections and deferral amount for the NQDC.
Draft and coordinate communications to directors and associates regarding matters related to the Executive Benefit Plans.
Utilizes emotional intelligence to develop relationships with internal stakeholders.
Associates are expected to perform all additional duties as assigned.