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
Retirement Plan Administration
- 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.
#On-Site