Manager of Benefits Accounting

Danaher   •  

Brea, CA

Industry: Manufacturing & Automotive


5 - 7 years

Posted 35 days ago


POSITION SUMMARY: The successful candidate will be responsible for managing the accounting around the company's benefits program, including health care, deferred compensation, pension plans, and other related retirement programs. This will include coordinating and managing the pension plan audits. In addition, the candidate will be responsible for managing and accounting for the company's stock option and RSU program in accordance with US GAAP. The candidate will work closely with corporate personnel, and the external financial and internal audit groups, and will be a key point of contact for entity Controllers with respect to accounting and reporting issues related to benefits.


  • Oversee the entire benefits accounting function
  • Perform stock option and RSU accounting
  • Work with payroll to ensure proper taxation of benefits
  • Manage the completion of 5500's
  • Provide financial statements, analysis and other key management reports as necessary
  • Prepare, review, analyze and manage monthly reporting packages
  • Assist in the monthly close process by preparing various monthly journal entries, accruals, and account reconciliations
  • Coordinate 401k funding and distribution and perform monthly reconciliation.
  • Coordinate monthly health care charges being pushed out to operating companies
  • Support management in completing special projects, ad-hoc reporting and analysis requests
  • Lead and drive project improvement projects


Education and/or Experience:

  • Bachelor's degree in accounting or finance
  • CPA required, big 4 experience preferred
  • At least 5-7 years of experience working in benefits accounting
  • Experience with pension plan audits
  • Experience with stock option accounting and Black-Scholes model
  • Understanding of employee compensation / pension accounting preferred
  • Outstanding communications, analytical, planning, and teamwork skills
  • Outstanding people skills with the ability to communicate and interact with all levels of the organization and with many diverse individuals and cultures
  • Knowledge of accounting procedures and GAAP accounting principles
  • Proficiency in accounting systems, especially HFM and ERP (Oracle/SAP)

Personal Characteristics and Traits:

  • Ability to work well under pressure with strict deadlines while maintaining a positive attitude
  • Possess a very high sense of urgency
  • Ability to build strong rapport with associates at all levels of the organization
  • Must have strong interpersonal and communications skills and be a team player
  • Ability to be nimble and quickly react to changing priorities
  • Must be hands-on and detail-oriented but able to see the big picture
  • A continuous improvement mentality a must
  • Possess high energy and able to handle conflict well
  • Analyze complicated issues and boil down to the key points
  • Excellent verbal and writing skills; fluent in English