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L'Oreal USA Benefits Analyst - Retirement in Tampa, Florida
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Benefits Analyst - Retirement
Tampa, FL, Florida
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Permanent
Florida
Tampa, FL
Human Resources
Full - Time
09-Jul-2024
Benefits Analyst - Retirement
Division: Corporate
Location: Tampa, FL
FLSA: Exempt
Reports to: Dir – Compensation & Benefits
WHO WE ARE:
For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.
L’Oreal USA is excited to announce the establishment of a People Services function, based in Tampa, Florida. The People Services function will take on and centralize critical, operational Human Resources work with a goal of increasing collaboration, leveraging shared knowledge, and creating a more consistent employee experience. Come join our dynamic team and help us elevate the employee journey!
WHAT YOU WILL LEARN:
We are looking for a Benefits Analyst to provide daily operational and administrative support for retirement programs including pension, 401(k), and the Supplemental Executive Retirement Plan (SERP), as well as the Employee Share Ownership Plan (ESOP) in accordance with plan documents and provisions and overall company policies and procedures. This role will have opportunities to get involved with employee wellbeing initiatives and events. You will interact with employees, payroll, human resources, finance, as well as all other benefit service providers supporting L’Oréal benefit plans.
Responsibilities include:
Supporting quarterly 401(k) reconciliation, true-up, loan delinquency processes
Supporting the annual retirement plan audit
Reviewing and approving monthly pension benefit payments
Planning in-person/virtual retirement readiness meetings
Supporting acquisition activity related to 401(k), pension integration
Accountability for accuracy and integrity of all benefits reporting
Researching employment data questions for pension and 401(k) administrators
Supporting the annual enrollment of new SERP entrants
Support ongoing administration and future offers of ESOP
Assisting employees, retirees, and Human Resources Business Partner with retirement benefit questions
WHAT WE ARE LOOKING FOR:
Required Qualifications
Have strong financial data analytics specifically in regard to annual testing, payroll and vendor audits, 5500 preparation and other data functions as needed.
Have proficiency (advanced capability) in Microsoft Office Suite of products. Specifically, Excel (VLOOKUPs, macros, pivot tables), PowerPoint (animations, embedding, Master slide management), Word, and Outlook.
Administer day-to-day operations of defined contribution retirement plans, including 401(k), Pension, and profit-sharing plans.
Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance.
Understands, considers, and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information.
Can maintain complete confidentiality of employee records
Possess a college degree in a related field (human resources, finance, etc.)
Have 3+ years of experience in a benefits or finance-related function with experience in retirement programs preferred.
Be comfortable with facilitating employee meetings and presenting benefits content, both virtually and in-person.
Exhibit a professional attitude with a sense of urgency in completing tasks
Be able to manage multiple priorities simultaneously
What’s In It For You:
Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
Learning & Development Opportunities for Career Progression (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
Employee Resource Groups (Think Tanks and Innovation Squads)
Access to Mental Health & Wellness Programs
Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyway! You may just be the right candidate for this or other roles!
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
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