Senior Benefits Finance Analyst

Saputo Cheese USAMilwaukee, WI
36dHybrid

About The Position

At Saputo, we bring good to the table by making high-quality products, investing in our people, and supporting communities around the world . As a top 10 global dairy processor, we value contributions that matter and strive to foster an inclusive, growth-driven work environment. Ready to bring your best? How you will make contributions that matter Analyze spending and budget performance of employee benefit plans such as medical, RX, dental, vision, retirement, and wellness. Develop and maintain financial models to project benefits costs, funding needs, and budget impacts. Analyze cost drivers, utilization trends, and vendor performance for benefit programs. Provide variance analysis and recommendations to optimize cost effectiveness. Serve as primary contact for finance inquiries. Leverage multiple systems/resources to research and resolve difficult benefit/finance issues and develop recommendations to resolve the issue. Evaluate cost implications for proposed benefit programs. Partner with 3rd party vendors to monitor pricings/renewals, including service center, medical plans, employee assistance program, flexible spending accounts, etc. Perform detailed calculations for bonus and incentive plans, ensuring accuracy in payouts, eligibility, and alignment with financial targets. Calculate defined contribution retirement benefits in accordance with plan provisions. Support the annual merit planning process, including data preparation, budget modeling, and system setup. Process weekly funding to vendors and benefit vendor invoices. Support audits and regulatory requirements. Ensure data integrity through routine audits and validations. Support ad hoc compensation and benefits projects. Identify opportunities to improve processes. Perform other duties as assigned.

Requirements

  • Values that align with the Saputo culture.
  • Bachelor's degree in finance or accounting.
  • Minimum 3+ years of benefits or finance experience required.
  • Strong written and verbal communication skills, interpersonal skills, and attention to detail.
  • Critical thinking aptitude with the ability to analyze data and formulate conclusions and recommendations.
  • Ability to prioritize workload, self-directed to manage multiple tasks without close supervision.
  • Knowledge of state and federal benefit regulations.
  • Strong technical and analytical skills, including Word, Excel, and PowerPoint.
  • Ability to travel as required.

Responsibilities

  • Analyze spending and budget performance of employee benefit plans such as medical, RX, dental, vision, retirement, and wellness.
  • Develop and maintain financial models to project benefits costs, funding needs, and budget impacts.
  • Analyze cost drivers, utilization trends, and vendor performance for benefit programs.
  • Provide variance analysis and recommendations to optimize cost effectiveness.
  • Serve as primary contact for finance inquiries.
  • Leverage multiple systems/resources to research and resolve difficult benefit/finance issues and develop recommendations to resolve the issue.
  • Evaluate cost implications for proposed benefit programs.
  • Partner with 3rd party vendors to monitor pricings/renewals, including service center, medical plans, employee assistance program, flexible spending accounts, etc.
  • Perform detailed calculations for bonus and incentive plans, ensuring accuracy in payouts, eligibility, and alignment with financial targets.
  • Calculate defined contribution retirement benefits in accordance with plan provisions.
  • Support the annual merit planning process, including data preparation, budget modeling, and system setup.
  • Process weekly funding to vendors and benefit vendor invoices.
  • Support audits and regulatory requirements.
  • Ensure data integrity through routine audits and validations.
  • Support ad hoc compensation and benefits projects.
  • Identify opportunities to improve processes.
  • Perform other duties as assigned.

Benefits

  • Development opportunities that enhance their career fulfillment.
  • Meaningful compensation & benefits that help them care for their families.
  • Opportunities to contribute to your community and enhance the lives of others through Saputo products.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service