Manager, Finance – Benefits and Compensation

Nexstar Media Group Inc.; Irving (TX); On-site; USD 120,000 - 140,000; Full time

Job summary

Nexstar Media Group, Inc. is seeking a Manager of Finance - Benefits and Compensation to oversee pension and 401(k) plans, benefit programs, and compensation strategies.

You will partner with actuaries, auditors, and HR to assure compliance with ERISA, IRS, DOL, and PBGC regulations while delivering insightful financial analysis and reporting to senior leadership. The role requires strong Excel skills, project management, and the ability to manage multiple priorities across a large

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Human Resources, or related field required.
• 5+ years of experience in retirement plan administration, pension accounting, benefits finance, compensation, or related area.
• Experience managing pension plans, 401(k) plans, and retirement plan compliance activities.
• Strong understanding of ERISA, IRS, DOL, and PBGC regulations.
• Experience working with actuarial consultants, auditors, trustees, and third-party administrators.

Responsibilities

• Manage the day-to-day administration of Nexstar's qualified and non-qualified retirement programs, including pension and 401(k) plans.
• Partner with actuaries, auditors, trustees, recordkeepers, and third-party administrators to support retirement plan operations.
• Monitor plan compliance with applicable IRS, DOL, ERISA, and PBGC regulations.
• Assist with annual audits, Form 5500 filings, actuarial valuations, and government reporting requirements.
• Prepare and maintain Retirement Committee presentation materials and meeting schedules.
• Coordinate agendas, supporting documentation, and communications for Retirement Committee meetings.
• Track committee decisions and ensure appropriate follow-up on approved actions.
• Support the financial oversight of employee benefits programs.
• Assist in compensation planning initiatives, salary administration, market benchmarking, and annual compensation review processes.
• Analyze compensation and benefits data to identify trends, risks, and opportunities.
• Develop reports and presentations for Finance, Human Resources, and executive leadership teams.
• Ensure compensation and retirement plan processes align with company policies and regulatory requirements.
• Assist with budgeting and forecasting for retirement and benefits programs.
• Monitor funding obligations, benefit payment activity, and plan expenses.
• Support accounting and finance teams with pension and benefit-related financial disclosures and reporting requirements.
• Partner closely with internal HR and payroll teams to ensure seamless administration of retirement and compensation programs.
• Participate in process improvement initiatives designed to enhance efficiency, compliance, and employee experience.

Skills

Retirement plan administration

Pension accounting

Benefits finance

Compensation planning

Financial analysis

Project management

Communication skills

Education

Bachelor's degree in Finance/Accounting/Business

Professional designation (CPA/CEBS/CFP/etc.)

Tools

Microsoft Excel

Financial reporting tools

Job description

Preferred Location: Irving, TX; Alternate Locations: New York, NY or Chicago, IL Nexstar Media Group, Inc. (“Nexstar” or the “Company”) is seeking a highly skilled and detail-oriented Manager, Finance - Benefits and Compensation to oversee the administration, compliance, and financial management of the Company's benefits and compensation-related programs. This role serves as a key member of the Finance team and is responsible for managing the Company’s pension plans, analyzing and managing the financial impact of the 401(k) programs, benefit plans, and compensation strategies. The ideal candidate will possess strong financial acumen, retirement plan expertise, project management skills, and the ability to collaborate effectively with internal stakeholders, external actuaries, investment advisors, trustees, third-party administrators, and senior leadership.

Essential Duties & Responsibilities

• Manage the day-to-day administration of Nexstar's qualified and non-qualified retirement programs, including pension and 401(k) plans.
• Partner with actuaries, auditors, trustees, recordkeepers, and third-party administrators to support retirement plan operations.
• Monitor plan compliance with applicable IRS, DOL, ERISA, and PBGC regulations.
• Assist with annual audits, Form 5500 filings, actuarial valuations, and government reporting requirements.

Governance & Committee Management

• Prepare and maintain Retirement Committee presentation materials and meeting schedules.
• Coordinate agendas, supporting documentation, and communications for Retirement Committee meetings.
• Track committee decisions and ensure appropriate follow-up on approved actions.

Benefits & Compensation Support

• Support the financial oversight of employee benefits programs.
• Assist in compensation planning initiatives, salary administration, market benchmarking, and annual compensation review processes.
• Analyze compensation and benefits data to identify trends, risks, and opportunities.
• Develop reports and presentations for Finance, Human Resources, and executive leadership teams.
• Ensure compensation and retirement plan processes align with company policies and regulatory requirements.

Financial Reporting & Analysis

• Assist with budgeting and forecasting for retirement and benefits programs.
• Monitor funding obligations, benefit payment activity, and plan expenses.
• Support accounting and finance teams with pension and benefit-related financial disclosures and reporting requirements.

Cross-Functional Collaboration

• Partner closely with internal HR and payroll teams to ensure seamless administration of retirement and compensation programs.
• Participate in process improvement initiatives designed to enhance efficiency, compliance, and employee experience.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Human Resources, or related field required.
• 5+ years of experience in retirement plan administration, pension accounting, benefits finance, compensation, or related area.
• Experience managing pension plans, 401(k) plans, and retirement plan compliance activities.
• Strong understanding of ERISA, IRS, DOL, and PBGC regulations.
• Experience working with actuarial consultants, auditors, trustees, and third-party administrators.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Strong analytical, organizational, and project management skills.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and maintain strict confidentiality.

Preferred Qualifications

• CPA, CEBS, ASPPA, QKA, QPA, CFP, or similar professional designation preferred.
• Experience within a public company or large multi-location organization.
• Knowledge of executive compensation and equity-based programs is a plus.
• Experience with pension plans.

Key Competencies

• Financial Analysis
• Retirement Plan Administration
• Pension Funding & Compliance
• Compensation Planning
• Governance & Committee Management
• Regulatory Compliance
• Strategic Thinking
• Attention to Detail
• Relationship Management
• Project Management

Compensation: $120k-$140k annualized, commensurate with applicant’s experience and skill level.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All America,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

EEO Statement: All qualified applicants will receive consideration for employment without regard to disability, protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.