Dallas - Financial Analyst

Winston Taylor • Dallas, TX

11d • Remote

About The Position

This Financial Analyst position focuses on preparing financial data for the firm’s retirement benefit plans, including its 401(k), Profit Sharing, and Cash Balance Plans. The role prepares reconciliations, analyses, reports, contributions, withdrawals, audit schedules, and tax filings. It also supports plan administration, audit work, participant communications, and special projects. The role is fully remote, but the employee must live within a commutable distance of the applicable firm office.

Requirements

• Bachelor’s degree in finance or accounting.
• At least 2 years of relevant finance or accounting experience.
• Proficiency in Microsoft Excel.
• Excellent oral and written communication skills, including the ability to organize and present detailed, complex information in an understandable format.
• Strong interpersonal and negotiating skills to communicate effectively with all levels of firm personnel.
• Ability to identify and analyze financial issues related to financial statements.
• Strong organizational skills and attention to detail.
• Must reside within a commutable distance of the applicable firm office.

Nice To Haves

• Experience with Aderant (CMS Open).
• Knowledge of accounting systems, procedures, and principles.

Responsibilities

• Prepare monthly 401(k) and Profit Sharing reconciliations between payroll and the general ledger, and between payroll and Fidelity.
• Process Profit Sharing contributions for staff through Fidelity and resolve issues; record related payroll-deduction payments in the CMS/general ledger.
• Process 401(k) contributions, Partner Profit Sharing contributions, and loan payroll deductions with Fidelity for regular and off-cycle payrolls; resolve issues and book related journal entries.
• Prepare and file annual benefit plan Forms 5500 and SSA extensions with the IRS.
• Compile contribution and loan information for staff and partner comparison reconciliations between Ulti and Fidelity for regular and off-cycle payrolls.
• Update 401(k) activity, balances, and fund performance reports for monthly Retirement Plans Committee meetings; post monthly fund performance reports to the firm intranet and distribute them firmwide.
• Review and process quarterly BAML ESP fees and Fidelity invoices; monitor and process quarterly Fidelity Expense Credit Reimbursements.
• Assist with annual updates to Summary Plan Descriptions, Investment and Enrollment Guides, and new-hire memos, and post updated documents to the firm intranet.
• Prepare monthly Cash Balance Plan participant reports from Willis Towers Watson and investment performance reports from BAML; identify and resolve issues.
• Reconcile monthly Cash Balance Plan participant accounts with BAML and work with BAML to resolve issues.
• Compile Cash Balance Plan distribution and in-service withdrawal rollover forms and create distribution forms; work with BAML to process distributions and resolve wire or check issues.
• Prepare partner statements for annual Cash Balance Plan in-service withdrawals for eligible participants and distribute quarterly Cash Balance Plan statements to terminated participants.
• Analyze monthly and quarterly Cash Balance Plan invoices from BAML and work with BAML to resolve issues and ensure correct charges.
• Assist with the annual firm audit and retirement plan audits by preparing required schedules, reports, and financial statements and working with auditors to resolve open issues.
• Assist with annual 401(k) tax filings, including annual financials and Schedule of Assets and SSA filings with the IRS; assist in reviewing Summary Annual Reports for distribution to plan participants.
• Update the CTR site with 401(k) Forms 5500, SSA documents, and other materials.
• Analyze and prepare quarterly reconciliations for 401(k) Plan suspense and forfeiture accounts.
• Prepare schedules for the annual firm financial audit and tax returns, including information related to the 401(k) Savings Plan and Cash Balance Plan.
• Assist with miscellaneous analyses, special and ongoing projects, retirement plan surveys, and related projects.
• Maintain current procedure documentation for all areas of responsibility.

Benefits

• Comprehensive benefits providing coverage and support for full-time employees and their families.
• Healthcare benefits package.
• Yearly retirement contribution.
• May include an annual discretionary merit bonus. Information about benefits and rewards is available through the firm.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level