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Retirement Plans Specialist

Company: Smithfield Foods
Location: Smithfield
Posted on: May 6, 2024

Job Description:

A great job-and a great future-awaits you at Smithfield Foods. We're an $18 billion U.S. food company with nearly 60,000 employees worldwide. We're looking for motivated people who want to join our team and grow lasting and meaningful careers with us. Join our family today. Apply Now!Your OpportunityOur team members receive industry-competitive salaries and are eligible for great benefits packages:Competitive Pay: $50,000 - $72,600 annuallyAnnual Bonus Earning PotentialComprehensive Health Insurance, Retirement Benefits and MoreEducation benefit available to full and part time Smithfield team members on their first day of employment.In addition, we offer opportunities for career growth, professional development, and tuition assistance.The Retirement Plans Specialist plays an integral part in providing retirement support for the company's employees and participants. This role will interact across multiple departments and vendors to provide day to day support for plan administrative services for both defined benefit and defined contribution duties. Must have the ability to work independently and manage workflow deadlines. Core ResponsibilitiesPerform and review complex pension benefit calculations.Research pension plan documents and administrative procedures to perform and validate pension calculations to comply with the plans and regulatory requirements.Provide high quality customer service for participants and human resources on retirement inquiries.Provide effective resolution to inquiries and escalated concerns in a timely fashion.Work with external auditors to conduct pension and 401(k) audits.Test payroll and retirement systems for plan changes.Manage internal and external data for year-end testing.Prepare weekly funding requests and reporting for 401(k) plans.Support the retirement integration process of acquired companies.Assist with retirement communication programs.Assist with special retirement plan projects.The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned. Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals to perform the essential functions.
Bachelor's degree from an accredited four-year college or university in HR, Finance or related field and 2+ years of relevant experience; or equivalent combination of education and experience, required.Workday or similar database experience, preferred.Strong analytical/diagnostic skills with aptitude and passion for process improvement.Demonstrated ability to drive HR processes and to deliver high quality services.Excellent verbal and written communication, interpersonal, organizational and multi-tasking skills.Customer-focused and able to motivate and influence key decision makers.Flexibility and adaptability in a fast-paced, constantly changing environment.Must be proficient in the Microsoft Office software, to include excellent excel skills.Ability to research and analyze various types of data.Ability to work independently and in a team.Ability to work well with others in fast paced, dynamic environment.Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment.EEO/AA InformationSmithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.

Keywords: Smithfield Foods, Suffolk , Retirement Plans Specialist, Accounting, Auditing , Smithfield, Virginia

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