NPPG has partnered exclusively with People*Strata on their search for Pension Reconciliation Specialists. As the embedded talent team for NPPG, we provide white glove service throughout the candidate experience.

NPPG (https://www.nppg.com/https://www.nppg.com/) is an independent third-party administrator that offers employee benefits, retirement planning, actuarial consulting, and fiduciary services. We are looking to add full-time Pension Reconciliation Specialists who will work on-site in our Shrewsbury, NJ headquarters. Our employees enjoy a collaborative culture, comprehensive benefits package, and opportunity for growth.

POSITION TITLE: Reconciliation Specialist

POSITION LOCATION: Shrewsbury, New Jersey

PRIMARY RESPONSIBILITIES

• Verify census data
• Determine pension plan participant eligibility and dates
• Import data into and export data out of Relius Administration System
• Rebuild takeover plans
• Complete processes for plan surrender and spinoffs
• Process year-end census corrections
• Process corrective distributions due to ADP/ACP test failures
• Calculate year-end match and true ups
• Prepare and reconcile year-end valuations as well as asset statements on a source level per participant
• Communicate reconciling items with clients both verbally and via email
• Interpret year-end non-discrimination testing
• Code Pension Pal and UDFs with up-to-date new plan information and surrender information
• Prepare instructional correspondence for the investment company
• Communicate all reconciling items to plan auditors
• Meet or exceed testing and 5500 filing deadlines
• Become knowledgeable of relevant aspects of pension trust accounting and law
• Gain complete familiarity with all NPPG policies and procedures

• The above is not an all-inclusive list. The Pension Reconciliation Manager may assign other responsibilities at times, as dictated by business needs.

REQUIRED QUALIFICATIONS

• Willingness and ability to work in the Shrewsbury, NJ office up to 5 days per week
• Minimum 2 years of experience with any of the following:
  • retirement / pension plan reconciliation
  • banking reconciliation
  • payroll reconciliation
  • staff accounting
• High school diploma or equivalent
• Ability to define problems, collect data, establish facts, and draw valid conclusion
• Experience managing finance and/or accounting data within Excel spreadsheets
• Intermediate skills with Microsoft Word, Excel, and Outlook
• Experience working well with teammates and cross-functional colleagues
• Ability to apply concepts of basic algebra
• Willingness to complete the RPF-1 and RPF-2 (or equivalent) courses through the American Society of Pension Actuaries (ASPA) within one year of hire (if not already completed)
• Ability and willingness to occasionally work on weekends and/or late during the week, based on business needs
• Excellent written and verbal communication skills
• Strong organization, prioritization, and multi-tasking skills with experience meeting or exceeding deadlines under pressure

PREFERRED QUALIFICATIONS

• Bachelor's degree in accounting, business, or finance
• Minimum 2 years of retirement / pension plan reconciliation experience
• Experience working for a third-party employee benefit and retirement planning administrator
• Experience with Relius Administration System
• Experience with Pension Pal
• Proficiency with Microsoft Excel
• Retirement Plan Fundamentals (RFP) Certificate through ASPA

NPPG is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other protected characteristic as outlined by federal, state, and/or local laws.