Preferred Location: Irving, TX; Alternate Locations: New York, NY or Chicago, IL
Nexstar Media Group, Inc. (“Nexstar” or the “Company”) is seeking a highly skilled and detail-oriented Manager, Finance - Benefits and Compensation to oversee the administration, compliance, and financial management of the Company's benefits and compensation-related programs. This role serves as a key member of the Finance team and is responsible for managing the Company’s pension plans, analyzing and managing the financial impact of the 401(k) programs, benefit plans, and compensation strategies.
The ideal candidate will possess strong financial acumen, retirement plan expertise, project management skills, and the ability to collaborate effectively with internal stakeholders, external actuaries, investment advisors, trustees, third-party administrators, and senior leadership.
Essential Duties & Responsibilities
Retirement Plan Administration
· Manage the day-to-day administration of Nexstar's qualified and non-qualified retirement programs, including pension and 401(k) plans.
· Partner with actuaries, auditors, trustees, recordkeepers, and third-party administrators to support retirement plan operations.
· Monitor plan compliance with applicable IRS, DOL, ERISA, and PBGC regulations.
· Assist with annual audits, Form 5500 filings, actuarial valuations, and government reporting requirements.
Governance & Committee Management
· Prepare and maintain Retirement Committee presentation materials and meeting schedules.
· Coordinate agendas, supporting documentation, and communications for Retirement Committee meetings.
· Track committee decisions and ensure appropriate follow-up on approved actions.
Benefits & Compensation Support
· Support the financial oversight of employee benefits programs.
· Assist in compensation planning initiatives, salary administration, market benchmarking, and annual compensation review processes.
· Analyze compensation and benefits data to identify trends, risks, and opportunities.
· Develop reports and presentations for Finance, Human Resources, and executive leadership teams.
· Ensure compensation and retirement plan processes align with company policies and regulatory requirements.
Financial Reporting & Analysis
· Assist with budgeting and forecasting for retirement and benefits programs.
· Monitor funding obligations, benefit payment activity, and plan expenses.
· Support accounting and finance teams with pension and benefit-related financial disclosures and reporting requirements.
Cross-Functional Collaboration
· Partner closely with internal HR and payroll teams to ensure seamless administration of retirement and compensation programs.
· Participate in process improvement initiatives designed to enhance efficiency, compliance, and employee experience.
Qualifications
· Bachelor's degree in Finance, Accounting, Business Administration, Human Resources, or related field required.
· 5+ years of experience in retirement plan administration, pension accounting, benefits finance, compensation, or related area.
· Experience managing pension plans, 401(k) plans, and retirement plan compliance activities.
· Strong understanding of ERISA, IRS, DOL, and PBGC regulations.
· Experience working with actuarial consultants, auditors, trustees, and third-party administrators.
· Advanced proficiency in Microsoft Excel and financial reporting tools.
· Strong analytical, organizational, and project management skills.
· Excellent written and verbal communication skills.
· Ability to manage multiple priorities and maintain strict confidentiality.
Preferred Qualifications
· CPA, CEBS, ASPPA, QKA, QPA, CFP, or similar professional designation preferred.
· Experience within a public company or large multi-location organization.
· Knowledge of executive compensation and equity-based programs is a plus.
· Experience with pension plans.
Key Competencies
· Financial Analysis
· Retirement Plan Administration
· Pension Funding & Compliance
· Compensation Planning
· Governance & Committee Management
· Regulatory Compliance
· Strategic Thinking
· Attention to Detail
· Relationship Management
· Project Management
Compensation: $120k-$140k annualized, commensurate with applicant’s experience and skill level.
#On-Site
Skills Required
- Bachelor’s degree in Finance, Accounting, Business Administration, Human Resources, or a related field
- 5+ years of experience in retirement plan administration, pension accounting, benefits finance, compensation, or a related area
- Experience managing pension plans and 401(k) plans
- Experience with retirement plan compliance activities
- Strong understanding of ERISA, IRS, DOL, and PBGC regulations
- Experience working with actuarial consultants, auditors, trustees, and third-party administrators
- Advanced proficiency in Microsoft Excel and financial reporting tools
- Strong analytical, organizational, and project management skills
- Excellent written and verbal communication skills
- Ability to manage multiple priorities and maintain strict confidentiality
- CPA, CEBS, ASPPA, QKA, QPA, CFP, or similar professional designation
- Experience within a public company or large multi-location organization
- Knowledge of executive compensation and equity-based programs
- Experience with pension plans
Nexstar Media Group, Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Nexstar Media Group, Inc. and has not been reviewed or approved by Nexstar Media Group, Inc..
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Healthcare Strength — Healthcare is presented as comprehensive, covering medical, dental, vision, behavioral health, and an Employee Assistance Program. Disability and life insurance are also available, with optional protections like accident and critical illness coverage noted.
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Parental & Family Support — Paid parental leave is offered and was expanded to provide up to six weeks of paid time for eligible employees. Family-support resources are complemented by mental‑health and EAP services.
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Leave & Time Off Breadth — Paid time off, sick leave, and standard holidays are provided, with vacation that typically scales with tenure. These programs form part of a conventional large‑employer benefits menu.
Nexstar Media Group, Inc. Insights
What We Do
Nexstar Media Group is the largest TV station operator in the country. With the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of US television households, and a diversified, growing digital media operation, Nexstar Media Group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. In 20 years, Nexstar has grown from a single station to the nation’s largest television company. This growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. From the very beginning, Nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.
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