Position SummaryThe Supervisor, Trust Accounting provides daily leadership and oversight to a Trust Accounting team in accordance with Company guidelines, client needs, and regulatory requirements.
"Has minimum necessary access to Protected Health Information (PHI) and Personally Identifiable Information (PII) by Job Description/Role."
Key Duties and Responsibilities- Provides daily leadership and supervision to staff consistent with management values and mission.
- Assigns, distributes, and monitors quality and quantity of work produced, ensuring employees are held accountable for consistently meeting quality and production requirements.
- Develops staff through performance management, goal setting, training, and effective employee relations.
- Optimizes workflows/processes, tools, and staff allocation to ensure efficient and cost-effective day to day operations.
- Employs management oversight measures to ensure ongoing compliance with regulatory and legal guidelines.
- Reviews and approves timecards, time off requests, and validates the accuracy of labor allocations and payroll processing information.
- Maintains current knowledge of assigned Plan(s) and effectively applies knowledge.
- Prepares and/or reviews account reconciliations, accruals, and financial statements for reasonableness and to confirm compliance with Generally Accepted Accounting Principles.
- Reviews 941 and 945 Forms for accuracy; ensures timely filing with IRS.
- Provides oversight of cash management; approves bank transactions and online administration.
- Conducts new hire and ongoing training to staff.
- May participate in year-end audit process acting as initial point of contact to outside auditors.
- Performs other duties as assigned.
Minimum Qualifications- Bachelor's degree in Finance or Accounting.
- Four years of experience in accounting including one year in a supervisory or mentoring role.
- Thorough understanding of common accounting principles and practices.
- Working knowledge of accounting software.
- Strong organizational skills with a demonstrated attention to detail and the ability to meet deadlines.
- The ability to communicate clearly and professionally, both verbally and in writing.
- Strong work ethic and the ability to work effectively in a team environment.
- Exceptional customer service skills and ability to effectively communicate with all levels of the organization.
- Computer proficiency including Microsoft Office tools and applications.
Preferred Qualifications- Experience working in a third-party administrator, insurance, or health and welfare environment.
- Prior experience in Taft-Hartley trust administration.
*Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee of this job. Duties, responsibilities and activities may change at any time with or without notice.
Working Conditions/Physical Effort- Prolonged periods of sitting at a desk and working on a computer.
- May be required to work remotely.
- Must be able to lift up to 15 pounds at times.
Please note that in compliance with certain state law, we are displaying salary. This rate is intended for hires into this location.
Compensation: $85,000/annually
