Albertsons Companies is at the forefront of the revolution in retail. With a fixation on innovation and building culture, our team is rallying our company around a unique vision: forging a retail winner that is admired for national strength, deep roots in the communities we serve, and a team that has passion for food and delivering great service.

Albertsons is one of the largest retail employers, providing approximately 300,000 jobs across 2,200 stores, 22 distribution centers, 20 food and beverage plants and various support offices. We operate in 34 states and the District of Columbia under the Albertsons banner, as well as Safeway, Tom Thumb, Jewel Osco, Shaw’s and many more recognizable names.

Albertsons Companies recently rolled out our Presence with a Purpose work model. Placing a premium on adaptability, safety and family well-being, Presence with a Purpose will help us build a hybrid work environment between remote work and office time. A one-size-fits-all approach does not apply to everyone, and teams are allowed to make decisions that are best for them.

What you will be doing

This position is responsible for the leadership and functional expertise of employee retirement benefit plans. Ensures plans are administered in compliance with plan documents and applicable regulations. This role is responsible for the planning, documentation and execution of annual processes and projects using the department’s project and change methodologies. The Benefits Manager will implement and administer programs designed to keep employees informed about the benefit plans and any proposed changes. They will ensure that programs are current regarding trends, practices, compliance, and costs. This position will also have strong interaction with internal and external business partners.

The position can be based in any of our corporate or divisional offices.

Main responsibilities

• Manages the 401(k) and non-qualified plan team members located in Boise.
• Works with internal and external legal counsel to manage compliance to plan documents and applicable legal requirements.
• Manages communication with eligible employees regarding plan provisions, rules and regulations and plan changes. Manage maintenance of complete and accurate plan records.
• Oversees reconciliation and funding of weekly 401(k) and nonqualified payroll deductions.
• Manages calculation and funding of all company match formulas.
• Reviews labor agreement language to determine how union groups should/should not participate in company 401(k).
• Responds to escalated participant inquiries.
• Works with plan recordkeeper to manage annual IRS nondiscrimination testing.
• Assists with Retirement Benefit Plans Committee meetings as needed; serves on the Retirement Benefit Plans Administrative Committee.
• Reviews plan amendments prior to presenting to Retirement Benefits Plans Committee members for signature.
• Manages internal and external plan audit(s).
• Addresses/responds to issues/items forwarded via plan recordkeeper, i.e., beneficiary questions, death payouts, QDRO’s.
• Special projects as required.

A copy of the full job description can be made available to you.

What we are searching for

• Bachelor’s degree in business administration, Finance, Accounting, Human Resources, or related field; or equivalent combination of education and experience
• Minimum six years of experience in retirement plan leadership, preferably with large companies
• Minimum three years of experience managing employees.
• Demonstrated project management experience on complex projects preferably in the benefits industry, complex technical project management experience or other related experience.
• Strong knowledge of defined benefit, defined contribution, and non-qualified plans
• Experience at working both independently and in a team-oriented, collaborative environment.
• Strong knowledge of retirement plan regulations, including ERISA and 409A regulations
• Highly effective written and oral communication skills
• Strong financial, analytical and problem-solving skills.
• Strong MS Office - Access, Excel and Word skills. MS Project experience desired.
• Ability to work with Legal, Finance and the Executive team.

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