Compensation & Benefits Tax Senior Associate - Remote Eligible
Eide Bailly - Minneapolis, MN
posted 4 months ago
About the position
Eide Bailly is seeking a Compensation & Benefits Tax Senior Associate to join our dynamic team. In this role, you will provide consulting services for compensation and benefits taxation and ERISA compliance. Your responsibilities will include assessing tax and ERISA issues related to the establishment, implementation, and ongoing administration of both single and multi-employer retirement and welfare benefit plans. You will consult on various issues related to tax-qualified and non-tax-qualified retirement plans and executive compensation arrangements, including 401(k) plans, traditional defined benefit plans, insured annuity programs, and nonqualified deferred compensation plans. Additionally, you will address issues related to welfare benefit programs, such as insured medical plans, healthcare reimbursement accounts, and flexible spending accounts. A typical day will involve performing research on technical tax and ERISA issues, preparing written communications summarizing and analyzing your findings, and monitoring new legislative, regulatory, and administrative developments in compensation and benefits tax and ERISA. You will also draft employee benefit plan participant communications and forms, review and negotiate service provider agreements related to ERISA plan investments, and assist with IRS and DOL compliance filings for benefit plans. Analyzing prohibited transaction and other fiduciary issues will also be part of your responsibilities. This position offers a unique opportunity to work in a collaborative environment that values innovation and work/life balance, while also allowing you to engage with various industries and clients.
Responsibilities
- Provides consulting services for compensation and benefits taxation and ERISA compliance.
- Assesses tax and ERISA issues regarding the establishment, implementation, and ongoing administration of both single and multi-employer retirement and welfare benefit plans.
- Consults on issues related to tax-qualified and non-tax-qualified retirement plans and executive compensation arrangements, such as 401(k) plans, traditional defined benefit plans, insured annuity programs, and nonqualified deferred compensation plans.
- Addresses issues related to welfare benefit programs, including insured medical plans, healthcare reimbursement accounts, and flexible spending accounts.
- Performs research on technical tax and ERISA issues and prepares written communications summarizing and analyzing the research.
- Monitors and analyzes new legislative, regulatory, and administrative comp and benefits tax and ERISA developments.
- Drafts employee benefit plan participant communications and forms.
- Reviews and negotiates service provider agreements relating to ERISA plan investments, as well as plan administration and consulting services.
- Assists with IRS and DOL compliance filings for benefit plans.
- Analyzes prohibited transaction and other benefit plan fiduciary issues.
Requirements
- Bachelor's Degree in Accounting or J.D. required; J.D. with LL.M. in Taxation preferred.
- Valid Certified Public Accountant license preferred, but not required if JD.
- 2+ years of experience in compensation and benefits tax.
- Knowledge of complex compensation and benefits tax issues.
- Excellent communication skills.
- Ability to work on multiple projects and meet deadlines by setting priorities with work projects.
- Ability to establish and maintain effective working relationships with co-workers and clients.
- Proficient with computers, Microsoft Office (Word and Excel), and using various software packages.
- Must be authorized to work in the United States now or in the future without visa sponsorship.
Benefits
- Generous paid time off
- Comprehensive medical, dental, and vision insurance
- 401(k) profit sharing
- Life and disability insurance
- Lifestyle spending account
- Certification incentives
- Education assistance
- Referral program
