What are the responsibilities and job description for the Senior Manager Financial Benefits position at AutoNation?
Job Responsibilities
1. Develop department budgets for over $300 million in annual spend, manage monthly and quarterly financial reporting of department results for presentation to CHRO and CFO, and monitor SOX controls through supervision of financial analyst and collaboration with corporate accounting and consulting actuaries.
2. Analyze trends and results in financial dashboards, supervise account reconciliations, and review journal entry preparation for all Benefits and Retirement department monthly activity.
3. Oversight of Retirement Plan assets of approximately $1.4 billion. Manage retirement plan administration in accordance with Plan documents, prospectuses, and regulatory standards (e.g., DOL, ERISA, and IRS), directing third-party administrators and other consultants.
4. Monitor compliance with Plans’ investment, governance, and cybersecurity policies and present quarterly to the Employee Benefits Committee (EBC). Review annual report for Board of Directors.
5. Coordinate the vendor’s preparation of 401(k) and Health and Welfare Form 5500s. Supervise 401(k) Plan annual audit and preparation of the 401(k) financial statements for presentation to the Chief Accounting Officer and EBC.
6. Design, implement, and communicate innovative programs to promote employee financial wellness and awareness of the Retirement Plans’ value.
7. Remain current on developing trends, strategies, and regulatory considerations to ensure Retirement Plans remain competitive and compliant with IRS, DOL and ERISA regulations. Serve as a subject matter expert to keep Retirement Plans’ documents and process manuals current.
8. Assist with request for proposals for vendors and manage implementations.
9. Manage the third-party administrator of relocations and coordinate with Corporate and Region leadership to supervise their transfers.
10. Demonstrate behaviors consistent with the Company’s Values and Behaviors in all interactions with employees, co-workers and vendors and adhere to all Company policies and procedures.
Qualifications
1. Bachelor’s degree, preferably in accounting, finance or data science.
2. Strong critical and analytical thinking skills.
3. Experience integrating AI tools into business processes.
4. Self-motivated, independent, and creative performer who enjoys managing multiple tasks in a fast-paced environment.
5. Five years’ progressive experience in financial reporting, financial analysis, or data science roles.
6. Subject matter experience in the retirement industry preferred.
7. Demonstrated success in the management and coordination of third-party administrators, record-keepers, consultants, and advisors.
8. Ability to supervise and support the career growth of team members.
9. Strong interpersonal written and oral communication skills, including excellent presentation skills.
10. Advanced MS Office and advanced MS Excel experience; Tableau or Power BI experience, preferred.
11. Experience with Workday, and top tier 401(k) record-keeping services preferred.
Exciting Benefits and Perks Await You:
Competitive compensation and 401k matching
Enjoy a healthy work-life balance with insurance plans (health, dental, vision) and maternity benefits.
Associate purchase and discount programs for new and pre-owned vehicles, services, parts, collision, accessories, and AutoGear
Access amazing deals and discounts through YouDecide, a website with offers from top providers and retailers
Join our DRVPNK mission to raise and donate millions of dollars to cancer research and treatment, partnering with cancer charities nationwide
AutoNation is one of the largest automotive retailers in the United States, offering innovative products, exceptional services, and comprehensive solutions, empowering our customers to make the best decisions for their needs. With a network of dealerships nationwide strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and provide expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.
AutoNation is committed to creating a diverse, equitable, and inclusive environment in our workplace and the services we provide. We welcome candidates from all backgrounds who are passionate about making a positive impact. Even if you do not meet every requirement, we encourage you to apply. Join our team and help us foster a culture of belonging while contributing to our revolutionary work in the automotive industry. We value innovation, teamwork, and a commitment to making a positive impact in the world.