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Global Employer Services-Retirement Plan Services Senior Associate-ESOP Focused

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BDO

2mo ago

  • Job
    Full-time
    Junior Level
  • People, HR & Administration
    Accounting & Tax
  • Norfolk

AI generated summary

  • You need a bachelor's degree, 2+ years of relevant experience, strong communication and analytical skills, proficiency in MS Office, and experience in managing teams and relationships.
  • You will conduct research, analyze findings, assist with compensation planning, ensure compliance, supervise Associates, and provide training and feedback while developing compensation strategies.

Requirements

  • Bachelor’s degree required; focus in Business, Accounting, or Human Resources, preferred
  • Master’s degree, preferred
  • Two (2) or more years of prior work experience required; focus in compensation and/or strategic service consulting, preferred
  • Certified Compensation Professional, CPA certification or other relevant certification, preferred
  • Statistical software packages, preferred
  • Proficient in the use of Microsoft Office Suite, specifically Excel and Word, preferred
  • High proficiency in English, both verbal and written (including technical writing skills), preferred
  • Excellent verbal and written communication skills
  • Ability to successfully interact with professionals at all levels
  • Strong analytical and research skills
  • Solid organizational skills
  • Ability to meet project deadlines with a focus on details
  • Ability to successfully multi-task while working independently or within a group environment
  • Capable of effectively managing a team of professionals, and delegating work assignments as needed
  • Ability to build and maintain strong relationships with internal and client personnel
  • Ability to encourage team environment on engagements, and contribute to the professional development of assigned personnel
  • Moderate knowledge and understanding of legislative process regarding tax policy

Responsibilities

  • Identifies situations in which research is necessary, and provides an outline of the issue(s) as well as the appropriate source of research to be utilized
  • Analyzes researched facts and the sources utilized
  • Composes detailed reports of the research findings
  • Researches and assists with compensation planning and/or benchmarking for executive compensation models
  • Ensures clients comply with applicable authorities while identifying options for minimizing compensation-related tax and reporting burdens
  • Obtains required client information
  • Accomplishes basic tasks as well as documents and organizes work product for review by senior Comp & Ben professionals
  • Reviews SEC filings of public companies, survey data, issue briefs prepared by legal and accounting experts and “best practice” guidelines published by investor advisory groups as background for providing clients with creative approaches to compensation opportunities that promote shareholders’ interests
  • Monitors tax and other regulatory actions regarding executive compensation rules, and advises clients on compliance strategies
  • Assists in the preparation of studies of market practices as well as tax and regulatory activities to identify alternative courses of actions to clients
  • Develops an understanding of the impact of clients’ business objectives as they relate to the development of compensation strategies
  • Supervises the day-to-day workload and reviews work of Comp & Ben Associates and Interns on assigned engagements
  • Ensures Associates and Interns are trained on all relevant software
  • Assists in the development of Associates and Interns to enhance professional development
  • Delivers periodic performance feedback, and completes performance evaluations for Associates and Interns

FAQs

What is the focus of the Global Employer Services-Retirement Plan Services Senior Associate position?

The position is focused on maximizing client benefits, particularly by minimizing current and future taxes related to compensation plans, equity compensation, deferred compensation, and income taxes.

What qualifications are required for this position?

A Bachelor’s degree is required, preferably in Business, Accounting, or Human Resources. A Master’s degree is preferred.

How much experience is needed for this role?

Two or more years of prior work experience in compensation and/or strategic service consulting is required.

Is there a preferred certification for this position?

Yes, a Certified Compensation Professional (CCP), CPA certification, or other relevant certifications are preferred.

What are the main responsibilities of this role?

Key responsibilities include conducting research, ensuring tax compliance, consulting on compensation and benefits, developing strategies, and supervising junior team members.

What software skills are preferred for this job?

Proficiency in Microsoft Office Suite, especially Excel and Word, is preferred, along with familiarity with statistical software packages.

How does the compensation structure work for this position?

The salary range for the position is between $73,500 and $131,250, depending on the candidate's qualifications, experience, skills, and geography.

What kind of supervisory responsibilities does this position have?

The role includes supervising the day-to-day workload and reviewing the work of Compensation & Benefits Associates and Interns, as well as providing training and performance feedback.

What is BDO's approach to employee ownership?

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP), allowing employees to have a stake in the firm's success through beneficial ownership.

What is the company culture like at BDO?

BDO fosters a culture centered around meaningful connections, curiosity, individuality, and making a positive difference in the world while emphasizing professional development and employee well-being.

Are there opportunities for advancement in this role?

Yes, BDO offers flexibility and opportunities for advancement, focusing on the professional development of employees.

Does BDO provide benefits beyond traditional offerings?

Yes, BDO's Total Rewards encompass a wide array of benefits and offerings beyond just traditional benefits.

Is prior experience in executive compensation required for this role?

While prior experience in executive compensation is preferred, the focus is on compensation-related consulting and research rather than strictly in executive compensation.

Accounting
Industry
10,001+
Employees
1963
Founded Year

Mission & Purpose

BDO is the leading provider of professional services within the mid-tier of our profession. We are proud to deliver seamless client service, from 1658 offices in 167 countries, across the world. Our 91K+ professionals continuously transform our approach by embracing future-oriented technology and focusing on quality. Strategic decisions and investments made in recent years have further equipped the organisation with the global infrastructure and innovative solutions needed to deliver long-term value for our clients.