Sr. Analyst, Financial Benefits must have 401k experience

PNA Panasonic Corporation of North America

Newark, New Jersey

JOB DETAILS
SALARY
$85,000–$120,000 Per Year
LOCATION
Newark, New Jersey
POSTED
15 days ago
Overview:

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Responsibilities:

https://www.youtube.com/watch?v=0tMgKm_71qs

(by clicking this link you are being referred to an external site that is not part of Panasonic)

 

 

What You'll Get To Do:

  • Administer the company's 401(k), Pension and Non-Qualified plans in accordance with all applicable laws and regulations.
  • Oversee plan operations including contributions, distributions, loans, conversions, and vesting calculations.
  • Reconcile plan assets and contributions; support plan audits, addressing findings and resolving discrepancies.
  • Perform annual nondiscrimination, top‑heavy, and compliance testing, True up of employer match, Assist with annual plan audits and other required filings.
Qualifications:

What You'll Bring:

Education & Experience:  

  • Bachelor's degree in business administration / finance required
  • Benefits experience specifically in 401K is required

Problem Solving: 

  • Maintain rigorous internal controls, SOPs, and documentation to ensure compliance with ERISA, IRS, DOL, and audit requirements.
  • Work with Recordkeeper data received in varied formats and systems in order to reconcile Plan Assets
  • Identify process improvements; streamline workflows in a high‑velocity, deadline‑oriented environment

Communications:

  • Work with the external and internal audit team as needed
  • Excellent Customer Service and program management
  • Collaborate with payroll, HR, legal, investment teams, third‑party administrators, and recordkeepers to drive seamless execution.

Other Requirements: 

  • Have proven ability working with plan documents (Basic Plan Document, Adoption Agreement, Summary Plan Description (SPD), Amendments, Summary of Material Modifications (SMM) and annual notices)
  • Experience in 401K is a must
  • Experience in workday highly preferred
  • Proficient in Microsoft Office Suite.
  • Document Scanning

Benefits & Perks - What's In It For You:

Panasonic prioritizes total well-being and offers comprehensive benefits options to support physical, emotional, financial, social, and environmental health:

  • Health Benefits – Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.
  • Voluntary Benefits – Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
  • Panasonic Retirement Savings & Investment Plan (PRSIP) – 401(k) plan with company matching contributions and immediate vesting.
  • Paid Time-Off Benefits – Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.
  • Educational Assistance – Tuition reimbursement for job-related courses after six months of service.
  • Health Management and Wellbeing Programs –Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.
  • Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition
  • Annual Bonus Program - Opportunity for an annual performance-based bonus.

We Take Opportunity Seriously:

At Panasonic, we are committed to a workplace that genuinely fosters inclusion and belonging. Fairness and Honesty have been part of our core values for more than 100 years and we are proud of our diverse culture as an equal opportunity employer. 

 

The wage range of $85,000 - $120,000 is just one component of Panasonic’s total package. Actual compensation varies depending on the individual’s knowledge, skills, experience, and location. This role may be eligible for discretionary bonuses and incentives.

 

​We understand that your career search may look different than others and embrace the professional, personal, educational, and volunteer opportunities through which people gain experience. If you are actively looking or starting to explore new opportunities, send us your application!​

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or other characteristic protected by law. All qualified individuals are required to perform the essential functions of the job with or without reasonable accommodation.

Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S.

Thank you for your interest in Panasonic.

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About the Company

P

PNA Panasonic Corporation of North America

Panasonic has an unyielding commitment to the society in which we operate and for international growth. We offer gratifying careers to self-motivated and talented individuals with globally oriented backgrounds for helping us to set new standards in our field. We are actively recruiting the best and brightest candidates to join our worldwide team.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Electronics, Components, and Semiconductor Mfg
FOUNDED
1918
WEBSITE
http://www.panasonic.com/global/home.html