Financial Benefits Manager

Tyson Foods; Springdale (AR); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Relocation assistance

Travel opportunities

Job summary

Tyson Foods seeks a leader to manage the Financial Benefits function within Total Rewards. You will oversee 401K, ESPP, and broad-based savings programs, driving analytics, communications, and cost-effective plan delivery. The role partners with executives and vendors to ensure compliance and competitive offerings.

Responsibilities include budget forecasting, regulatory liaison, and due diligence for M&A. Some travel may be required; relocation assistance is available for eligible candidates.

Qualifications

• 7+ years of experience in 401K plans and ESPP administration.
• Bachelor’s degree in HR, Finance, or related field or equivalent.
• Strong written and verbal communication skills for employee-facing benefits communications.

Responsibilities

• Lead strategic planning and design for financial benefits programs to manage costs and improve financial wellness.
• Manage vendor relationships and optimize partnerships for compliant plan administration.
• Assess regulatory and reporting requirements with internal/external experts.
• Serve as primary point of contact for executives on Financial Benefits matters.
• Develop analyses and presentations for leadership on competitiveness of benefit programs.
• Monitor program effectiveness and recommend cost-reducing improvements.
• Oversee benefit plan audits with Benefits Accounting and external auditors.

Skills

401K Admin

ESPP Administration

Vendor Management

Data Analytics

Microsoft Excel

Communication Skills

Education

Bachelor's degree

Tools

Workday

SAP

Excel

Job description

This position manages the Financial Benefits function for Tyson Foods and is a key member of the Total Rewards function, ensuring the company's Financial Benefits are appropriate to the needs of the organization, competitive and compliant. Under the general guidance of the Executive Rewards and Financial Benefits Leader, the responsibilities for this position are to develop, implement and analyze Financial Benefits programs including qualified and non-qualified defined contribution and defined benefit plans, employee stock purchase plan, and broad-based savings and financial wellness benefits.

Essential Duties and Responsibilities:

• Manage strategic planning and design for financial benefit plans and programs, based on data analytics and knowledge of market trends and best practices, to manage plan costs, improve financial wellness of the Team Member population, and ensure offerings are competitive and compliant with all applicable laws and regulations.
• Manage vendor relationships and performance to ensure compliant and accurate plan administration, and seek opportunities to optimize partnerships, including assessment of current vendor performance, screening of new vendors, and making recommendations as needed.
• Analyze and make recommendations regarding the impact of current and pending regulatory, legislative, and reporting and disclosure requirements partnering with internal and external expert resources as necessary.
• Serve as primary point of contact for Executives and internal partners on technical Financial Benefits matters.
• Manage and direct, in partnership with internal partners and vendors, the creation and distribution of communications to drive program engagement and effectiveness.
• Develop various analyses and presentations for Company leadership relative to competitiveness and design of Financial Benefits elements of Team Member total rewards.
• Monitor the effectiveness of programs and recommend modifications to reduce costs and improve delivery.
• Handle escalated inquiries to provide clear resolution and minimize legal risks.
• Oversee financial benefit plan audits in conjunction with Benefits Accounting and external auditors.
• Proactively forecast and manage the financial benefits budget in partnership with Executive Rewards and Financial Benefits Leader.
• Provide M&A due diligence reviews, assessments and implementation strategies.
• Provide specialist advice and guidance on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.
• Provide strategic guidance and direction to the Equity Compensation administration function in connection with the employee stock purchase plan.
• Perform other duties as assigned.

Qualifications

Education: Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field, or equivalent combination of education and experience.

Experience: 7+ years of progressive experience in 401K plans and ESPP administration.

Communication: Strong written and verbal communication skills, including the ability to develop effective employee-facing benefits communications.

Computer Skills: Strong proficiency with the Microsoft Office suite. Experience supporting benefits administration platforms such as Workday or SAP. Advanced Excel experience preferred. AI exposure preferred.

Special Skills

• Proven experience managing benefit vendors and consultants, including evaluation, contract negotiation, and performance management
• Strong analytical skills with demonstrated experience using data to evaluate plan performance, and program effectiveness
• Working knowledge of retirement plan administration and ESPP regulations and compliance requirements
• Experience leading projects, driving operational improvements, and implementing benefit or system changes
• Demonstrated ability to partner effectively with stakeholders at all levels of the organization

Supervisory: This position will have direct reports.

Travel: Some travel may be required for this position.

Relocation Assistance Eligible:

Yes

Work Shift:

1ST SHIFT (United States of America)

Certain roles at Tyson require background checks. If you are offered a position that requires a background check you will be provided additional documentation to complete once an offer has been extended.

The successful candidate(s) must be willing and able to perform the physical requirements of the job with or without a reasonable accommodation.

Tyson is an Equal Opportunity Employer. All qualified applicants will be considered without regard to race, national origin, color, religion, age, genetics, sex, sexual orientation, gender identity, disability or veteran status.

We provide our team members and their families with paid time off; 401(k) plans; affordable health, life, dental, vision and prescription drug benefits; and more.

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