What are the responsibilities and job description for the Contributions Compliance Manager, SEIU Benefits Fund position at Service Employee Intl. Union?
Contributions Compliance Manager, SEIU Benefits Fund
Job Category : Local Union
Requisition Number : CONTR002630
Posted : May 2, 2022
Job Title : Contributions Compliance Manager
Grade : E
Purpose :
The Contributions Compliance Manager ensures that all contributions to the defined benefit plans (US and Canada) administered by the SEIU Benefits Funds are in compliance with contribution requirements of the plans, ERISA, the IRC, relevant collective bargaining agreements, and other governing documents. This position oversees the collection, posting, and reconciliation of all employer contributions and is responsible for the reporting and collection of delinquencies. This position also oversees the collection and compliance of all collective bargaining agreements and participation agreements that require contributions to the plans.
Primary Responsibilities :
- Oversee all functions and responsibilities of the Assistant Contributions Compliance Manager.
- Oversee the tracking, posting, and collection of contributions and ensure that the contributions are properly credited to employer and participants' accounts, working directly with Legal Counsel as needed.
- Oversee and monitor the collection of collective bargaining agreements and participation agreements and ensure that the negotiated language is in compliance with legislative requirements and Plan rules, working directly with Legal Counsel as needed.
- Handle all matters relating to withdrawal liability.
- Monitor, create, and provide reports to the Executive Director and the Trustees.
- Handle all matters related to non-discrimination testing.
- Travel to employer or local union sites when necessary to make presentations on pension funds or to resolve collective bargaining issues.
- Oversee the preparation of the pension adjustments to be included on the T-4 Forms for the Canadian defined benefit plans.
- Oversee the collection, recording, and maintenance of participant and beneficiary information.
- Create and implement policies and procedures, as needed.
- Work with Fund actuaries to prepare reports for valuations and other matters.
- Work with the Payroll Review Manager to oversee the tracking, posting, and collection of audit delinquencies and ensure that the delinquencies are properly credited to employer and participants' accounts.
- Perform other duties as assigned in support of the SEIU Benefits Funds.
Direction and Decision Making :
This position reports to the Assistant Executive Director and works independently.
Education and Experience :
Bachelor's degree in accounting, finance, economics, or other related field, six (6) years of collections / compliance experience and four (4) years management experience or a Juris Doctorate from an accredited law school with relevant experience. Or a combination of education and experience that would provide for the following knowledge, skills, and abilities :
Physical Requirements :
Work is generally performed in an office setting but may be required to work in other settings conducive to performing the tasks required to complete assignments. Travel may be required (up to 25%).
Employee Benefits :
Employer paid healthcare, employer paid pension plan, optional 401(k) plan, transportation benefits, and tele-work available.
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