Support Center - Irving

The Retirement Benefits Analyst will report to the Director – Compensation and Retirement Programs and will be responsible for leadership and administration of our retirement and non-qualified benefit programs.

Retirement Plan Administration

Coordinate, administer, and oversee 401(k), GRRSP/DPSP, and non-qualified Deferred Compensation programs.Serve as the point of contact for our broker, 401k, GRRSP/DPSP and non-qualified Deferred Compensation programs and assist Director with activities for the investment committee, investment advisor, and related vendors.Coordinates retirement plan vendors to ensure best in class customer service in administering Michaels plans as set outlined in our plan documents.Ensures vendor support systems and integrations are operating properly mitigating compliance and service issues.Assists Director in direction work of co-sourcing partner TCS related to administering retirement and non-qualified processes. Includes oversight of scheduled processes, ongoing review of process documents to identify opportunities for efficiency and consistency in administration, audit of completed work and records to ensure compliance with state and federal regulations.Responds to and resolves Team Member concerns regarding retirement and non-qualified plans.Coordinates annual enrollment for Deferred Compensation plan.Ensures data integrity relating to retirement plans including accuracy of vendor files and payroll deductions, collection of contributions and premiums and integration between systems both internal and external through establishing, coordinating, and conducting ongoing audits.Supports Director in delivering the annual audit with internal and external auditors and preparation of retirement plan Form 5500.Serves as a subject matter expert for retirement plans.Coordinates plan communications working with vendors.Other duties as assigned

Minimum Education

Bachelor’s degree or equivalent work experience

Minimum Special Certifications or Technical Skills

3-5 years Human Resources experienceAdvanced Excel skills. Intermediate proficiency in MS WordWorkday or other similar HRIS system

Minimum Type of experience the job requires

Experience as primary analyst for retirement and non-qualified plansKnowledge of ERISA, DOL, 401(k), Form 5500 and other laws and legislative requirements

Other

Must come from a fast paced, high volume environment with ability to handle a busy workload, flexibility with working hours based upon projects and established deadlines.Excellent attention to details, with speed and accuracyAbility to influence across the business and build strong relationships with cross-functional partners in areas such as finance, payroll, store operations, HR business partners, and others.Completing surveys and providing plan benchmarking analysis

Preferred Education

Bachelor’s Degree

Preferred Special Certifications or Technical Skills

Certified Employee Benefit Specialist (CEBS) a plusPrevious Workday experience including reporting and analytics

Preferred Type of Experience the Job Requires

Knowledge of legislative requirements for ERISA, 401(k), 409(A), discrimination testing and similar programs.Excellent interpersonal skills, oral and written communication, strong business focus, critical thinking process orientationExperience managing vendors, brokers, investment advisors to optimal productivity and performanceAbility to analyze facts and exercise sound judgment in arriving at conclusions; ability to make decisionsResults, solution-oriented individual with demonstrated follow-throughExperience prioritizing workload and competing priorities.Self-motivated with a strong sense of personal accountabilityAble to handle high work volume and adapt to change in a fast-paced agile environmentProficient in interacting with and collaborating with business partners and all levels of the organizationStrong project management skillsStrong analytical skills with great attention to detailStrong analytical, problem solving and troubleshooting abilities; strong data analysis acumen and focus on accuracy and attention to detail.Advanced MS Excel proficiency

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

At The Michaels Companies Inc, our purpose is to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com

At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit mikbenefits.com.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).

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