Accounting Manager - Pension & Benefits

Daimler Truck North America

$128K — $164K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Economics, Actuarial Science, or related field required.
  • 8+ years of progressive experience in accounting, pension administration, employee benefits accounting, treasury, or finance operations.
  • 3+ years of leadership experience managing finance or benefits professionals.
  • Strong financial reporting background, with experience in complex accounting entries and reconciliations.
  • Experience with employee benefit, pension, payroll, or related accounting functions.

Responsibilities

  • Coordinate investment committee meetings and manage activities for retirement trusts.
  • Partner with external advisors on retirement trust investment strategies and best practices.
  • Conduct investment manager due diligence and monitor retirement trusts with custodians.
  • Supervise pension and retiree medical actuarial services and balance funding activities.
  • Manage payroll, fringe, and pension accounting, ensuring accurate month-end close.
  • Lead the auditing process for retirement plans and ensure regulatory compliance.
  • Develop and support team members through feedback and professional growth opportunities.

Benefits

  • Annual variable pay bonus program.
  • Eligible for company vehicle use.
  • 401k company contribution with match up to 8% and non-elective contribution up to 7% based on age.
  • Starting at 4 weeks of paid vacation plus 13+ holidays.
  • 8 weeks paid parental leave and employee assistance programs.
  • Comprehensive health care plans and wellness programs.
  • Tuition assistance and volunteer paid time off.
Full Job Description
Inside the Role
The Pensions & Benefits Manager role is responsible for the accounting, reporting, and management of personnel and fringe benefit costs and activities. This role manages payroll, fringe benefit, pension, and expatriate accounting, as well as fringe rate setting, investment management, and regulatory functions for the pension and 401(k) retirement trusts. This role works cross-functionally with the Our People Team, Manufacturing Controlling, and financial reporting business partners and manages vendor relationships with actuaries, investment managers, investment advisors, and auditors.

Posting Information

We provide a scheduled posting end date to assist our candidates with their application planning. While this date reflects our latest plans, it is subject to change, and postings may be extended or removed earlier than expected.

Position offers a starting salary range of $128,000 - $164,000 USD

Pay offered dependent on knowledge, skills, and experience

Benefits include annual variable pay bonus program; eligible for the use of a company vehicle; 401k company contribution with company match up to 8% as well as non-elective company contribution of 3 - 7% depending on age.; starting at 4 weeks paid vacation; 13+ calendar holidays; 8 weeks paid parental leave; employee assistance program; comprehensive health care plans and wellness programs; onsite fitness (at some locations); tuition assistance and volunteer paid time off; short-term and long-term disability plans.

What You Drive at DTNA
  • Coordinate and facilitate Investment Committee and sub-committee meetings, activities, and agenda items
  • Partner with external advisors to drive & implement retirement trust investment strategy and ensure alignment with industry best practices
  • Perform investment manager due diligence
  • Coordinate with the custodian bank, including monitoring and rebalancing retirement trusts, and overseeing payment and wire processing
  • Oversee pension & retiree medical actuarial services, including rebalancing, expense, pension funding, and project-based activities
  • Coordinate plan benefit audits and regulatory filings for retirement plans and trusts
  • Partner with global pension, healthcare, and treasury employees on key benefit topics and recommendations
  • Management of payroll, fringe, pension, retiree medical, and expatriate accounting activities, including oversight of month-end close, review of key accounting entries and reconciliations, and resolution of complex accounting matters.
  • Lead, coach, and develop team members by providing clear direction, regular feedback, and support for professional growth.
  • Support internal and external auditors to ensure appropriate accounting treatment and adherence to internal procedures
  • Cross-functionally manage the fringe rate setting and review process in partnership with Controlling, OPT, and other business stakeholders
  • Oversight and approval of benefit vendor expenses
  • Ensure key investment, contribution, and GL reconciliations are completed and accurate
  • Evaluate the team's key internal controls to ensure necessary controls are in place, documented, and tested in accordance with the Company's internal requirements
  • Serve as a key business partner across accounting, controlling, finance operations, CPR, and OPT teams.


Knowledge you Should Bring
  • Bachelor's degree in Accounting, Finance, Economics, Actuarial Science, or related field required.
  • 8+ years of progressive experience in accounting, pension administration, employee benefits accounting, treasury, or finance operations.
  • 3+ years of leadership experience managing accounting, investment management, finance, or benefits professionals or related experience.
  • Strong accounting and financial reporting background, including experience reviewing and approving complex accounting entries, reconciliations, and financial reporting schedules.
  • Experience with employee benefit, pension, payroll, or related accounting functions
  • Strong analytical, project management, and business partnering skills.


Exceptional Candidates Might Have
  • Strong working knowledge of IFRS accounting related to pensions, post-retirement benefits, payroll, and employee benefit plans.
  • Investment committee, retirement plan governance, or institutional investment oversight experience
  • Understanding of actuarial concepts
  • CPA
  • Experience with payroll accounting and fringe rate development
  • Manufacturing or complex corporate environment experience


#LI-LL1 #LI-Hybrid

Where We Work

This position is open to applicants who can work in (or relocate to) the following location(s)-
Portland, OR US. Relocation assistance for this position is available when the selected candidate meets eligibility criteria.

Schedule Type:
Hybrid (4 days per week in-office / 1 day remote). This schedule builds our #OneTeamBestTeam culture, provides an unparalleled customer experience, and creates innovative solutions through in-person collaboration.

Additional Information
  • This position is not open for Visa sponsorship or to existing Visa holders
  • Applicants must be legally authorized to work permanently in the country the position is located in at the time of application
  • Contractors, professional services, or other contingent workers should confirm with their local agency if they are eligible to apply for FTE positions

Similar Jobs

More Jobs at Daimler Truck North America

More Legal & Accounting Jobs

Find similar Accounting Manager - Pension & Benefits jobs: