Executive Benefits & Compensation Analyst I

Trustmark; Jackson (MS); On-site; USD 55,000 - 75,000; Full time

Job summary

Trustmark seeks an Executive Benefits & Compensation Analyst I to support accounting for BOLI, NQDC, SERP, SICP and related programs. You will track programs, ensure legal compliance, and prepare disclosures for proxy filings and 10-K/10-Q.

Responsibilities include monthly/quarterly ledger reconciliations, building stakeholder relations, documenting plans, coordinating vesting and enrollment events, and drafting communications for directors and associates.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• 2 years of post-graduation experience in Accounting, Audit, or Finance.
• Detail oriented with deadline management and prioritization.
• Proficient in data input, consolidation, and transformation.
• Strong analytical and presentation skills across platforms (Excel, PowerPoint).
• Excellent interpersonal and communication skills.

Responsibilities

• Tracks Executive Benefit programs ensuring legal compliance and accurate reporting.
• Completes monthly and quarterly general ledger reconciliations for benefit plans.

Skills

Financial analysis

GAAP knowledge

Excel advanced

Data reconciliation

Communication skills

Attention to detail

Education

Bachelor's degree in Finance/Accounting

Master’s degree preferred

CPA license preferred

Tools

Excel

PowerPoint

SmartView

Job description

Overview

The Executive Benefits & Compensation Analyst I is responsible for calculating the accounting for Trustmark’s bank owned life insurance (BOLI), Executive Benefit Plans [the Non-Qualified Deferred Compensation Plan (NQDC), the Supplemental Executive & Director Retirement Plan (SERP), the Stock Compensation Plan (SICP) and the Defined Benefit Retirement Plans (DBP)], and some general benefit programs.

Responsibilities

• Tracks multiple Executive Benefit programs through documentation and following the proper legal guidelines to ensure legal compliance and accurate reporting.
• Complete monthly and quarterly general ledger reconciliations for benefit plans, noting that entries are reasonable and adjustments timely and accurate.
• Prepare Executive Benefit Plan disclosures for the Proxy, 10-K, and 10-Q.
• Build relationships with internal key stakeholders and external vendors to answer questions, coordinate large projects, and act as liaison between internal and external stakeholders.
• Develop and review program documentation for participants, various committees, and the Board of Directors.
• Coordinate the process of granting and vesting of restricted stock awards under the SICP including determination of eligibility for annual grant and obtaining approval documentation needed.
• Coordinate the annual enrollment process, review participant elections and deferral amount for the NQDC.
• Draft and coordinate communications to directors and associates regarding matters related to the Executive Benefit Plans.
• Utilizes emotional intelligence to develop relationships with internal stakeholders.
• Associates are expected to perform all additional duties as assigned.

Qualifications

• Bachelor's degree in Finance, Accounting, or related degree
• 2 years of experience of post-graduation work experience in Accounting, Audit, or Finance
• Detail oriented
• Deadline management and prioritization
• Data input, consolidation, and transformation
• Quantitative data analysis, interpretation, and crafting presentation across common platforms (including Excel: pivot table, vlookups, complex nested formulas, SmartView, Adobe, etc…)
• Relationship management
• Knowledge of general accounting practices
• Interpersonal skills including effective written and verbal communication across various media platforms and channels
• Critical thinking and decision making
• Integrity and confidentiality
• Knowledge of Executive Benefit Programs preferred
• Master’s degree with concentration in Accounting preferred
• CPA license preferred
• Knowledge of Microsoft Word mail merge preferred
• Experience with General Ledger bookings and monthly close processes including balance sheet reconciliation/substantiation, journal entries, and variance analysis preferred
• Experience in updating dashboards and presentations through Excel and PowerPoint preferred

Physical Requirements & Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse requiring hand and wrist manipulation, while viewing computer screens.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.