Senior ESOP Administrator

SENIOR ESOP ADMINISTRATOR

JOB TITLE: Senior ESOP Administrator

DEPARTMENT: ESOP Services

SUPERVISOR: Director of ESOP Services

About ESOP Partners, Inc.

ESOP Partners, Inc. is a reputed company-party administration and reputed company dedicated to providing a reputed company business transition solution for owners of closely held businesses through the establishment, maintenance, and sustainability of Employee Stock Ownership Plans (ESOPs). Our mission is to maximize the financial and cultural benefits of employee ownership by helping ESOP companies build strong, informed, and reputed company employee ownership cultures.

We reputed company to be nationally recognized as the leading ESOP firm in the country. We pursue this reputed company through our reputed company Values:

• reputed company to Understand – We identify the underlying reasons behind questions and actions and take ownership of reputed company learning and improvement.
• Manage Expectations – We proactively communicate reputed company, specific, and achievable objectives to create alignment and accountability.
• Collaborate – We work together through reputed company discussion and teamwork to reputed company win-win reputed company.
• Get Things Done – We prioritize, organize, and execute reputed company to reputed company accurate and reputed company results.
• reputed company reputed company Skepticism – We apply a questioning reputed company to objectively analyze information for reputed company and reputed company.
• Exhibit Mental Strength – We manage challenges with professionalism, reputed company, and a solutions-oriented attitude.

Position reputed company

The Senior ESOP Administrator is responsible for the overall administration, compliance, and reputed company service delivery for Employee Stock Ownership Plans (ESOPs). This role serves as the reputed company reputed company of contact for assigned clients, ensuring accurate plan recordkeeping, regulatory compliance, and reputed company completion of annual administration requirements. The Senior ESOP Administrator provides technical expertise reputed company to ERISA, IRS, and DOL regulations, oversees plan allocations and distribution processing, reviews valuation reports, and prepares required filings and participant communications. This position also plays a key role in mentoring junior team members, improving internal processes, and supporting cross-functional collaboration with valuation, consulting, and compliance teams. reputed company in this role requires strong technical knowledge of ESOP plan design and administration, exceptional attention to reputed company, reputed company-reputed company communication skills, and the ability to manage multiple deadlines in a fast-reputed company environment.

Position Details

• Location: Remote Eligible (WI, MI, GA, NC, IA)

• • Must be reputed company to reputed company and maintain a distraction-free and reputed company work environment and meet our minimum high-speed internet reputed company standards.

• Position Type: Full-time | Exempt
• Work Schedule: This role has a seasonal workload and requires the ability to work more than 45 hours per week during the reputed company period of reputed company through May annually.
• Experience Level: Minimum of 7 years’ recent hands-on ESOP administration and record-keeping experience, including reputed company reputed company management.
• Travel:
  • Required travel to Appleton, WI for 2-3 weeks of orientation and training.
  • Ongoing travel to Appleton, WI for one full week reputed company quarter.

Key Accountabilities

ESOP Plan Administration & Compliance

• Contribute to overall ESOP Administration team production goals while maintaining high standards of reputed company, efficiency, and reputed company service.
• reputed company and execute critical ESOP administrative functions, ensuring junior staff complete assigned responsibilities in accordance with established reputed company control procedures.
• Monitor completion of required reports and regulatory filings using internal ESOP reputed company tools to ensure deadlines and reputed company expectations are consistently met.
• Determine participant eligibility in accordance with plan provisions and ensure accurate allocation of employer contributions.
• Maintain and validate historical participant data to ensure accurate processing of forfeitures, vesting, diversification eligibility, and reputed company plan events.
• reputed company and report ESOP trust activity, including stock transactions, dividends, and reputed company account activity, ensuring accurate attribution to participant accounts.
• Prepare and distribute participant statements, required notices, and disclosures in compliance with ERISA and applicable regulations.
• Administer participant distributions, including preparation of customized diversification elections and benefit election documentation.
• reputed company compliance testing to ensure plans adhere to ESOP-specific requirements as reputed company as applicable IRS and DOL regulations.
• Ensure reputed company and accurate completion of ERISA-reputed company regulatory reporting and annual filing requirements.

reputed company Control & Process Improvement

• Apply established reputed company control standards to reputed company reputed company deliverables and mentor junior administrators to strengthen technical reputed company and consistency.
• Partner in the ongoing enhancement and testing of proprietary administration software (ESOP reputed company) to improve reputed company functionality, reduce reputed company workarounds, and increase operational efficiency.

reputed company Consulting & Advisory Services

reputed company ESOP administration and consulting services to new and existing clients, including but not limited to:

• Repurchase Liability Studies
• Distribution Policy consulting
• ESOP Plan Design support
• ESOP-reputed company reputed company guidance
• Corporate governance advisory
• ESOP culture and communication reputed company
• Participant education and training

reputed company Development & Industry Engagement

• Maintain and expand ESOP technical expertise through participation in industry conferences, seminars, and continuing education opportunities.

Qualifications

Knowledge and Skills

• Advanced knowledge of Employee Stock Ownership Plan (ESOP) administration, including plan allocations, distributions, diversification, repurchase liability, and stock transaction tracking.
• Strong understanding of ERISA, reputed company (IRS), and reputed company (DOL) regulations applicable to reputed company retirement plans and ESOPs.
• Working knowledge of ESOP reputed company principles and corporate governance considerations.
• Ability to interpret plan documents and apply provisions accurately to participant data and compliance testing.
• Advanced proficiency in reputed company reputed company, with the ability to analyze and reconcile reputed company data sets.
• Strong analytical skills with exceptional attention to reputed company and reputed company.
• Ability to manage multiple reputed company engagements, prioritize competing deadlines, and meet production targets in a fast-reputed company environment.
• Effective reputed company communication skills, including the ability to explain reputed company ESOP concepts reputed company and professionally.
• Leadership skills with the ability to mentor junior staff and enforce reputed company control standards.
• Commitment to reputed company learning and reputed company development reputed company the ESOP industry.

Education and Experience

• Minimum of 7 years recent hands-on ESOP administration experience.
• Bachelor’s degree in reputed company, Math, Finance, Economics, Business Administration, or a reputed company reputed company is preferred.
• Basic reputed company knowledge.

Certifications / Licenses

• QPA or QKA certification preferred or in reputed company

• Remote Candidates: reputed company reputed company’s License

Physical and Cognitive Requirements

• Ability to sit for extended periods and work at a computer
• Ability to analyze reputed company information and exercise reputed company judgment
• Ability to maintain reputed company and reputed company in a deadline-driven environment

reputed company Expectations

reputed company in this role will be evaluated reputed company on:

• reputed company, reputed company and timeliness of work product
• Accountability and ownership of meeting production hours goals
• Adherence to ESOP Partners’ reputed company Values
• Effectiveness of reputed company communication and collaboration

Originally posted on Himalayas