Accountant
As a retirement plan administrator, I determined the eligibility for participants, calculated vesting benefits and maintained participant’s service and employment records. I advised participants of their rights and options under the plan, collected contributions and applied contributions as provided in the plan. I prepared reports through the ADP and Oracle systems and made sure that contributions and loan payments are sent on a timely manner in accordance with Employee Retirement Income… Show more As a retirement plan administrator, I determined the eligibility for participants, calculated vesting benefits and maintained participant’s service and employment records. I advised participants of their rights and options under the plan, collected contributions and applied contributions as provided in the plan. I prepared reports through the ADP and Oracle systems and made sure that contributions and loan payments are sent on a timely manner in accordance with Employee Retirement Income Security Act (ERISA) and the Department of Labor (DOL) guidelines. I also prepared reports concerning participants' benefits, processed claims, and made recommendations to others for decisions with respect to plan administration. I made payments to plan beneficiaries when they are due, made payments to former spouses of plan beneficiaries with respect to their share of the plan beneficiaries’ retirement benefits (in accordance with the ERISA and DOL regulations, and court documents that are filed with the administrator). I responded to inquiries or complaints from plan beneficiaries and acted as a liaison between employees and Payroll administrator. As a cash administrator, I prepared cash forecasts for the company’s day to day operations, initiated fund ACH and wire transfers, administered daily check deposits and performed foreign exchange responsibilities. I recorded disbursements and receipts on a journal voucher for posting to the general ledger (in the financial information system). I received cash and checks, prepare and reconcile the cash receipts, and prepare regular bank deposits. I balanced and reconciled cash disbursements made, prepared the check requisition for the replenishment of the petty cash. I ensured that reimbursements are in line with the policies and procedures applicable to the type of expenditure and ensured that reimbursements are properly approved. I also retrieve and match the invoices to the payment register and managed the distribution of checks. Show less