Employer Contribution Accounting Manager

The IAM National Benefit Funds (“Funds”), located in Washington, DC, are seeking an experienced Contribution Accounting Manager (“Manager”) to lead and manage all aspects of the employer contribution accounting functions for the IAM National Pension Fund, the National IAM Benefit Trust Fund and the IAM National 401(k) Fund. This key role requires a strategic thinker and hands-on, experienced leader who can drive initiatives to support the overall business plan. The ideal candidate will possess exceptional analytical skills, extensive knowledge of the contribution accounting processes for multiemployer benefit funds, including processing of monthly employer reports, delinquency, collections and payroll audit processes. This is a hybrid position (3 days in office, 2 days remote) that demands a highly motivated self-starter who is willing to take ownership of the position and is capable of excelling with minimal direction.

As the Contribution Accounting Manager, you will lead the Contribution Accounting team comprised of one (1) supervisor and approximately 12 staff members, overseeing the day-to-day contribution accounting workflow and operations. The Manager will develop procedures to implement policies and programs established by the Funds’ Trustees. The candidate must establish and enforce standards the staff will maintain to provide the highest level of service for our employers and participants. This role requires a leader who can set goals, motivate staff, and collaborate effectively with the Executive Director, General Counsel, Trustees, employers, unions, professional advisors and participants.

With nearly 600,000 active and retired members, the International Association of Machinists and Aerospace Workers (the “IAM”) is one of the largest and most diverse labor unions in North America. From Boeing and Lockheed Martin to United Airlines and Harley-Davidson, you will find IAM members across all walks of life. The IAM Benefit Funds are multiemployer benefit plans that were established pursuant to collective bargaining agreements between signatory companies and the IAM, and provide pension, health and 401(k) benefits to approximately 85,000 active members and 100,000 retired members of the IAM. The IAM National Pension Fund (“Pension Fund”) is one of the top five (5) largest multiemployer pension funds in the United States with over $14 billion in assets.

Key Responsibilities

• Drive Operational Excellence: Provide guidance, motivation and support to the department’s staff on the administration and workflow of the department’s activities. Such activities include but are not limited to interpretation and application of collective bargaining agreements, processing of employer remittance reports, allocation of contributions and delinquency and collections processes.
  
• Innovate Policies and Procedures: Establish and monitor operational procedures, standards and service levels for the department to ensure efficiency, accuracy and consistency in service delivery.
  
• Provide Strategic Vision and Leadership: Assist the Executive Director and General Counsel in setting and achieving short- and long-term strategic goals. Develop and implement departmental initiatives and budgets to align with organizational objectives.
  
• Empower and Develop Teams: Provide leadership, direction and motivation to the Contribution Accounting team to ensure high performance. Oversee staff development and training to ensure knowledge of the IAM National Benefit Funds’ rules and foster professional growth.
  
• Monitor Performance: Establish, monitor and analyze service levels and key performance indicators (KPIs) to identify areas for improvement and drive operational excellence and accountability.
  
• Ensure Compliance: Consult with General Counsel and external professionals on compliance matters and stay informed of all plan provisions for the Funds.
  
• Stay Connected and Informed: Network regularly with professional organizations and colleagues to stay updated on new regulations and industry trends.
  
• Communicate Effectively: Ensure all plan and policy changes are communicated effectively and consistently to staff, participants, employers, and other stakeholders.
  
• Leverage Technology: Work with IT to ensure the maintenance, updating, and testing of systems and programs to support the Contribution department’s recordkeeping, processing, reporting and employer/participant service needs. Collaborate with IT on the development and implementation of new programs and tools.

Requirements

The ideal candidate will meet the following requirements:

Work Experience: Minimum of eight (8) years of related experience, with at least five (5) years in a leadership role. Prior experience with Taft-Hartley benefit plans and understanding of collective bargaining agreements strongly preferred.
Educational Background: Bachelor’s degree required. Advanced degree or certifications a plus.
Special Skills or Credentials:

• Proven leadership abilities with a track record of effectively managing and developing high-performing teams and driving operational improvements.
  
• Knowledge of contract/collective bargaining agreement language and ability to interpret CBA language/terms.
  
• Excellent communicator with strong interpersonal skills and ability to communicate with staff, management, senior executive staff, employers, local unions and more.
  
• Ability to manage several complex projects, simultaneously, while working under pressure to meet deadlines.
  
• Strong analytical and problem-solving skills, with the ability to leverage data to drive decision-making.
  
• Ability to act with integrity, professionalism and confidentiality at all times.
  
• Detail oriented with strong organizational skills and the ability to multi-task, set priorities and work in a fast-paced environment.
  
• Computer proficiency and technical aptitude with the ability to use Microsoft Office products as well as various benefit systems.
  

To Apply

In addition to a salary of $139,000 – $150,000 commensurate with experience, the Funds offer a comprehensive benefits package that includes:

• Fully employer paid health plan coverage, including vision, dental and disability insurance and employee assistance program (EAP),
  
• Health Savings Account (HSA),
  
• Life insurance,
  
• Defined benefit retirement plan,
  
• 401(k) plan, and
  
• Paid time off policy.
  

The Funds are an affirmative action employer and encourage applications from all qualified candidates regardless of gender, race, ethnicity, age, sexual orientation, marital status, religion, or disability.

To apply, please send your resume and salary requirements to [email protected]. Please include job reference code 725IAMCMIF in the subject line or with your application.