Financial Analyst; Hybrid

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Eversource is seeking a Benefits Financial Analyst to join their Benefits Strategy team. This hybrid role involves researching, analyzing, and reporting on employee benefits programs. Key responsibilities include leading annual ERISA plan audits and SOX controls, serving as a liaison with external auditors, reconciling pension payments and trust accounts, reviewing financial statements, and managing vendor relationships. The analyst will also support benefit plan bill payments and perform financial and benchmarking analyses.

A Bachelor's degree in Finance or Accounting, or equivalent experience, and at least three years of related experience are required. Knowledge of employee benefits and accounting/financial systems is preferred.

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.

Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to workat least three days in the office, including

Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to workup to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change

Reporting to the Manager of Benefits Strategy, our Benefits Analyst will be responsible for the research, analysis, evaluation and preparation of reports and documents in support of the Benefits Strategy team. Lead and coordinate annual ERISA plan audits and SOX controls for benefits programs (e.g., 401k Plan, DB pensions, health & welfare retiree trusts), ensuring compliance, strong internal controls, clean audit outcomes, and efficient stakeholder coordination across HR, Payroll, Finance, Legal, and external partners.

• Contributes to the completion of compliance activities including the annual benefit plan audit cycle, review of SOC-1 vendor reports. Documents, reviews and raises any concerns to key stakeholders.
• Serve as primary liaison to external auditors (financial statement and SOC report reviewers), works closely with auditors to provide financial and other data requests. Coordinate with functional areas to provide data requested by auditors.
• Reconcile pension payments and censuses as needed, oversee tie‑outs/reconciliations: census to payroll, payroll to recordkeeper, trust to GL, contributions/forfeitures/plan expenses. Document and implement new controls when applicable.
• Review draft financial statements and footnotes; validate disclosures align with plan document and operations.
• Work with external and internal parties to coordinate the documentation needed for 5500 filing (internal reporting, collecting Schedule As and Cs. File 5500 extensions for certain benefit plans).
• Drive resolution of audit findings; own remediation plans.
• Lead annual SOC 1/SOC 2 report review for all benefits-related vendors; perform complementary user entity controls (CUECs) mapping and evidence capture.
• Track bridge letters, penetration test summaries (where applicable), and cyber questionnaires as needed.
• Oversee SLAs, operational exceptions, and corrective action…