mgr savings & retirement (Remote-US)

About the position Responsibilities • Oversee day-to-day operations of Starbucks' Management Deferred Compensation Plan (MDCP), including enrollment, deferrals, distributions, and participant communication. • Ensure proper and timely execution of partner elections, deferrals, and payouts in accordance with the plan's terms. • Manage partner relationships, including vendors and internal partners, ensuring efficient plan operation. • Ensure compliance with all relevant tax codes, ERISA, and other regulatory requirements. • Prepare and file required reports, such as annual 409A valuations and deferred compensation disclosures. • Maintain accurate and up-to-date plan documents, ensuring timely amendments to reflect legal and regulatory changes. • Serve as the primary point of contact for partners, providing education on plan features, enrollment, and distribution options. • Address partner inquiries regarding plan benefits, account statements, tax implications, and distribution timing. • Develop and update partner communication materials to enhance understanding of the plan. • Collaborate with HR, Finance, and Legal teams to ensure that the MDCP aligns with Starbucks' overall executive compensation and retention strategies. • Analyze plan participation trends and recommend enhancements to ensure the plan remains competitive and attractive to key partners. • Work with financial and legal advisors to assess the financial impact of the MDCP on the company and propose improvements where necessary. • Proactively identify and mitigate potential risks related to plan administration, compliance, and partner disputes. Requirements • Bachelor's degree in Finance, Accounting, Human Resources, or a related field. • 5+ years of experience in compensation or benefits management, with a focus on deferred compensation plans. • Strong knowledge of tax and legal regulations related to nonqualified deferred compensation (e.g., IRC Section 409A). • Excellent communication, organizational, and analytical skills. Nice-to-haves • In-depth understanding of nonqualified deferred compensation plans and their tax implications. • Ability to manage complex projects and ensure accurate, timely execution. • Strong attention to detail and ability to interpret and apply legal and tax regulations. • Excellent interpersonal and communication skills for working with parts and cross-functional teams. Benefits • Paid parental leave • Paid holidays • Disability insurance • Health insurance • Dental insurance • Vision insurance • 401(k) matching • Life insurance Apply tot his job Apply To this Job