FAQs
What is the primary responsibility of the Form 5500 preparer?
The primary responsibility is to support clients with their annual Form 5500 filing(s) for the Health and Benefits Line of Business.
What qualifications are preferred for this position?
A university degree is required, and a Certified Public Accountant (CPA) certification is strongly preferred.
How many years of experience are needed for this role?
A minimum of 3 years of experience preparing Form 5500 filings or 6 years of experience within employee benefits is strongly preferred.
Is experience with US-based teams important for this position?
Yes, experience working with US-based teams is strongly preferred.
What technical skills are required for the Form 5500 preparer role?
Strong proficiency in Microsoft Office is required, along with excellent verbal and written communication skills.
Is experience with FT Williams necessary?
Yes, FT Williams experience is strongly preferred.
What qualities are important for managing workload in this role?
A strong work ethic, critical thinking skills, and the ability to prioritize and organize tasks effectively are essential for managing workload.
What is the expected timeline for filing preparations?
The goal is to publish filings at least 60 days before the filing date.
Will the Form 5500 preparer be involved in client communication?
Yes, the preparer will provide updates to clients and client teams on filing preparation status and will demonstrate effective communication at all levels.
What kind of training will the preparer provide?
The preparer will provide applicable trainings on processes and worksheets to new colleagues within the organization.