Manager Fin Wellbeing & Ret Prgms

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Company: Advanced Drainage Systems

Location: Hilliard, OH 43026

Description:

Overview

At ADS, no idea is off limits, and we celebrate creativity and bold moves. For more than 50 years ADS has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Headquartered in Hilliard, Ohio, we are a multi-billion dollar stormwater management company, manufacturing pipe and ancillary products. What does that mean? When it storms, we capture rain with our drain basins, convey it with pipe, store it using chambers and finally treat it with our water quality products, before safely returning water back to the environment. We handle, what we call, the entire lifecycle of a raindrop. Our products help prevent flooding, which increases quality of life for people living in large cities, suburbs, and rural towns. We also believe in creating a circular economy and are the largest plastic recycling company in North America. We use plastic shampoo and detergent bottles to create pipe, diverting over 500 million pounds of plastic from landfills every year. ADS operates a global network of over 60 manufacturing plants and 30 distribution centers.

We have amazing stories to tell, and we need your help getting our story out there. To learn more about ADS, please visit our website at www.adspipe.com.

Leadership Competencies

The successful candidate must bring high level of ethical, intellectual, professional, and personal values that complement the team.
  • Strategic Mindset - anticipates future trends and implications accurately
  • Decision Quality - relies on a mixture of analysis, wisdom, experience, and judgment when making decisions
  • Customer Focus - identifies opportunities that benefit the business
  • Business Insight - keeps up with current and possible future policies, practices, and trends in the organization, function, and in the marketplace
  • Plans and Aligns - breaks down objectives into appropriate initiatives and actions
  • Optimizes Work Processes - seeks ways to improve processes, from small tweaks to complete reengineering
  • Ensures Accountability - establishes clear responsibilities and processes for monitoring work and measuring results
  • Collaborates - works cooperatively with others across the organization to achieve shared objectives
  • Develops Talent - develops others through coaching, feedback, exposure, and stretch assignments
  • Builds Effective Teams - forms teams with appropriate and diverse mix of styles, perspectives, and experience
  • Drives Vision and Purpose - talks about future possibilities in a positive way
  • Courage - faces difficult issues and supports others who do the same


Responsibilities

The Financial Wellbeing and Retirement Programs Manager is responsible for the leadership of the ADS Financial Wellness function covering day to day management of the Financial Wellbeing Programs and ADS Retirement Plan, the design and execution of all financial wellness education and training initiatives, and overall participant experience with financial wellness related programs. Financial Wellbeing programs include, but are not limited to disability, leave of absence, benefits savings vehicles (e.g., flexible spending accounts and health savings accounts), and financial education and planning. In addition, the incumbent is expected to define the function's performance metrics and to develop and present actionable recommendations leading to the improvement and enhancement opportunities in the areas including, but not limited to, the following: Third-party vendor performance, ADS Retirement Plan, KSOP/ 401k, disability, leave of absence, benefits savings vehicles, and other current and future financial wellness related programs.

The incumbent, through a team of direct reports, is responsible for ensuring all assigned financial wellness and retirement programs operate effectively and accurately, are consistent with the company's total reward strategy, are globally governed within the parameters of plan structures and designs, in compliance with all laws and regulations applicable to geography.

This role will interact with all levels within the company, the ADS Retirement Committee, various vendors, consultants, and other key stakeholders.

Responsibilities and Qualifications:

Leads, oversees, and provides the following for all assigned financial wellness programs, vendors, products, services, tasks, and initiatives:
  • Responsible for the day-to-day management and administrative oversight of the ADS Financial Wellness and Retirement Program. Activities include, but not limited to, participant eligibility, vesting, plan distributions and deposits (daily monthly, quarterly, annually), nondiscrimination testing, plan audits, fee disclosure, eligibility and data files, data requests, as well as other recurring projects and special projects, as assigned. (Program Administration)
  • Plans, designs, and implements effective financial wellbeing strategies covering education, training, resource availability and utilization of tools. Communications focused on program education, communication, training, program and process updates, quarterly and annual statements, and mandatory notices to facilitate improved understanding, utilization, and meeting all regulatory requirements of the programs. (Communication / Education)
  • Partner with the accounting, payroll, and other applicable ADS teams and departments to ensure accurate data collection and proper accounting of all assigned programs, products, and plans. (Accurate Data and Accounting)
  • Effectively manage relationships with third-party vendors (e.g., plan record keepers, trustees, auditors, financial wellness consultants/educators, and customer service representatives) to ensure adherence to program/plan design, program(s) costs, agreed upon service levels and performance metrics as well as assist employees and other plan participants with their financial wellbeing planning and decision-making. (Vendor Administration)
  • In partnership with human resources operations and information systems, evaluates and implement process and technology enhancements to support strong participant experiences scalability, efficiency, and overall utility of the information technology systems that support assigned programs. (IT / HRIS)
  • Oversee all assigned policies and processes to ensure they align with the collection, validation, integration, and distribution of accurate data necessary to support administering assigned programs. (Data Accuracy)
  • Oversees and ensures completion of all regulatory filings and reporting requirements and that all assigned programs are operated in accordance with our internal controls and in compliance with all applicable federal and state regulations, and guidelines. (Regulations and Guidelines)
  • Evaluates and implements changes to improve the cost, service, value, efficiency, and administrative performance of the programs. Evaluate and implements innovative process, technology, and operational models to improve the scalability and efficiency of plan administration and communication (Program Performance & Improvements)
  • Partner, coordinate, and liaise with the ADS Retirement Committee on governance and administrative matters. Responsible to execute the directives of the Retirement Committee. (Retirement Committee)
  • Oversees or serves as the primary company contact for inquiries from leadership, current and former employees, vendors, auditors, and other stakeholders for assigned programs. (Primary Program Contact)
  • Provide leadership, guidance, planning, feedback, training, performance evaluation, and support to direct reports. (Leadership)
  • Work with and support total rewards, benefits, and human resources staff to contribute insights and ideas to other projects and initiatives. (Teamwork)

The successful candidate must bring high level of ethical, intellectual, professional, and personal values that complement the team.
  • A collaborative leader who is an effective and a clear communicator in style, while being empathetic respectful of others.
  • Team-oriented with the ability to build effective professional relationships with internal staff, external vendors/consultants, and key stakeholders.
  • A critical thinker with a continuous improvement approach to building and maintaining efficient processes.
  • A strong communicator / educator of retirement and financial wellness programs, products, and services.
  • Possesses strong project management, time management, and analytical skills.
  • Ability to foster strong team morale and brings fun to the workplace; shares wins and successes; fosters open dialogue.
  • Models our ADS Leadership Attributes.

Professional Experience:
  • A minimum of ten (10) years of progressively responsible benefits experience, including a minimum of five (5) years of experience in the management and administration of relevant retirement and/or financial wellness programs, preferred.
  • Experience in Employee Stock Ownership Plans (ESOP) a plus but not required.
  • Strong analytical, critical-thinking and change management skills to identify, monitor, and implement changes to drive innovative improvements to the scalability and efficiency of benefit program(s) and administration,
  • Knowledge and experience in the accounting administration of retirement plans and benefits savings vehicles.
  • Comprehensive knowledge of United States Federal and State regulations impacting employee benefit and retirement programs.
  • Tactical expertise and knowledge of benefit program systems, processes, education provision, and self-service tools.
  • Strategic expertise and knowledge of benefits governance, plan design, laws and regulations, related financials, legal, regulatory, requirements, etc.
  • Exceptional vendor management skills including the development and implementation of metrics that measure program performance and participant experience.
  • Superior organizational, project/process management and technical skills as demonstrated by an ability to manage multiple detailed projects and set and meet/exceed milestone and action step deadlines.

Educational Requirements:
  • Bachelor's degree in business, accounting, finance, human resources, or related field.


EEO Statement

ADS supports an inclusive workplace that values diversity of thought, experience, and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. ADS is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.

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