Senior Analyst, Global Benefits Financial Reporting

Overview Simpson Thacher offers a broad portfolio of benefits and wellness programs that are designed to attract and retain top talent across 14 locations in the US, Europe, and Asia. As the Senior Analyst, Global Benefits Financial Reporting, you will serve as the financial and operational anchor for these programs—driving financial accuracy, accountability, and seamless execution across a complex international landscape. You will drive exceptional global benefits finance operations through budgeting and forecasting for the Firm’s benefits plans, vendor accounting, and expenditure management of ~$60m+ per year. This high‑impact role requires precise accounting for the Firm’s Human Resources and Benefits Program budgets, K‑1 filings for Partners, US payroll benefits withholding, and the financial account management of 30+ vendors worldwide. Responsibilities Annual Budget Preparation & Tracking – In partnership with Finance, external consultants, and vendors, prepare the Annual Benefits Program Budget. Project health, insurance, and retirement plan expenses; review budget vs. actuals; evaluate impacts of medical trend, premium changes, and headcount changes; review administrative expenses, among other items. Prepare the annual Human Resources Budget with HR Directors to identify expenses for Talent Acquisition, HR Technology & Analytics, Learning & Development, and HR Compliance and Operations. Conduct quarterly analysis of actual spend versus budget, prepare forecast/reforecast reports to executive stakeholders, and present findings to the Chief Human Resources Officer and other internal stakeholders. Benefits Program Accounting – Track Global Partner departures, arrivals, and adjustments that may impact benefits withholdings for K‑1 Statements. Conduct monthly audits with Accounts Payable and Accounting teams to reconcile general ledger entries versus monthly invoice charges. Approve invoices, premium payments, and contributions for benefit plans; review expenses for accuracy, identifying expense trends or gaps. Create and maintain SOPs for finance‑related processes, evaluate and revise existing internal processes to improve controls, increase efficiency, and reduce costs, and champion technology to standardize and improve data quality. Compliance Support for the Benefits Function – Conduct monthly audits with Payroll and the Associate Director of Benefits to review 401(k) contributions, loan deferrals, and election changes. Manage accuracy of Firm/employee contributions for Health Savings Accounts (HSAs) and other spending accounts. Support the retirement team with Form 5500 audit and filings, identify efficiency opportunities where applicable. Liaise with and manage 30+ vendor partner billing and accounting teams to keep the Firm’s accounts in good standing. Education & Certifications Education Required: Bachelor’s degree in Finance, Accounting and/or Management-related field required. Preferred Certification: CEBS or other recognized designation in benefits. Skills and Experience Required 7 or more years of relevant experience. Advanced skills in MS Office, including experience with Macros, Pivot Tables/Charts and VLOOKUPs. Familiarity with accounting applications and tools such as Accelerate and Chrome River. Strong verbal and written communication; ability to consolidate data from multiple sources into cohesive reports for executive stakeholders. Strong mathematical aptitude, attention to detail, and deep analytical skills to identify trends in benefit plan utilization. Organizational, prioritization, planning and multitasking abilities in a fast‑paced, dynamic environment. Client‑focused customer service in a professional manner. Preferred HRIS, Payroll, and Vendor Reporting Databases Workday ADP Payroll (Vantage) Vendor Client Reporting, e.g., UHC eServices, Fidelity PSW Salary Information NY Only: The estimated base salary range for this position is $150,000 to $170,000 at the time of posting. The actual salary offered will depend on qualifications, experience, level of education, certifications, and location. This role is exempt and is not overtime‑pay eligible. Simpson Thacher will not sponsor work visas for this position. EEO Statement Simpson Thacher & Bartlett is committed to a collegial work environment in which all individuals are treated with respect and dignity. The Firm prohibits discrimination or harassment based upon race, color, religion, gender, gender identity or expression, age, national origin, citizenship status, disability, marital or partnership status, sexual orientation, veteran’s status or any other legally protected status. This policy applies to recruitment, hiring, compensation, benefits, training and development, promotion, transfer, discipline, termination, and all components of employment. #J-18808-Ljbffr Simpson Thacher & Bartlett LLP