Financial Analyst - Remote

Overview

This role supports the preparation and management of financial data for the firm’s retirement benefit plans. Responsibilities include preparing reconciliations, processing contributions and withdrawals, supporting annual audits and tax filings, and generating recurring participant and management reports for the 401(k) and Cash Balance Plans.

Responsibilities

• Prepare monthly 401(k) and Profit Sharing reconciliations between payroll and the general ledger, and between payroll and Fidelity.
• Process Profit Sharing contributions and 401(k) contributions, including partner profit sharing and loan payroll deductions with Fidelity; resolve discrepancies.
• Book journal entries in CMS/general ledger to record payroll deductions and payments to Fidelity.
• Prepare and file annual benefit plan IRS forms, including 5500s and SSA extensions.
• Compile contribution and loan data for reconciliation between Ulti and Fidelity for payrolls.
• Update and distribute 401(k) activity, balances, and fund performance reports for monthly Retirement Plans Committee meetings and firm-wide dissemination.
• Review and process quarterly BAML fees and Fidelity invoices, including monitoring expense credit reimbursements.
• Assist with updating annual Summary Plan Descriptions, Investment & Enrollment Guides, and new hire communications.
• Prepare monthly Cash Balance Plan participant reports, investment performance reports, and reconciliations with Bank of America Merrill Lynch; resolve issues.
• Manage Cash Balance Plan distributions and rollover forms; coordinate with BAML on processing and resolving payment issues.
• Organize and prepare partner statements for annual Cash Balance Plan In Service Withdrawals and distribute quarterly statements to termed participants.
• Analyze monthly and quarterly Cash Balance Plan invoices and address discrepancies with BAML.
• Support annual Firm and Retirement Plans audits by preparing required schedules, reports, and financial statements, and liaising with auditors.
• Assist with annual 401(k) tax filings, including financials and Schedule of Assets with the IRS.
• Review Summary Annual Reports for 401(k) Plan distribution to participants.
• Maintain and update the CTR site with relevant plan documents.
• Analyze and prepare quarterly reconciliations for 401(k) Plan suspense and forfeiture accounts.
• Prepare schedules for annual Firm financial audits and tax returns related to retirement plans.
• Contribute to miscellaneous analysis projects, retirement plan surveys, and maintain updated procedural documentation.
• Assist with special projects as required.

Requirements

• Bachelor’s degree in Finance or Accounting is required.
• Minimum of 2 years of relevant finance or accounting experience.
• Proficiency in Microsoft Excel is mandatory.
• Must reside within a commutable distance to the applicable firm office as this role is fully remote.
• Excellent oral and written communication skills, with the ability to organize and present complex information clearly.
• Strong interpersonal and negotiating skills to communicate with all levels of firm personnel.
• Ability to identify and analyze financial issues related to financial statements.
• Strong organizational skills and keen attention to detail.

Preferred Qualifications

• Experience with Aderant (CMS Open).
• Knowledge of accounting systems, procedures, and principles.

Compensation & Benefits

• Comprehensive healthcare benefits package for employees and their families.
• Yearly retirement contribution plan.
• Potential annual discretionary merit bonus.
• Competitive salary range: $90,000 - $110,000 annually for Illinois-based applicants, based on experience and qualifications.

Location

Fully remote within a commutable distance to the applicable firm office.

Equal Opportunity

The employer is an equal opportunity employer and welcomes applicants from all backgrounds and experiences. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.