Benefits & Payroll Compliance Manager

Pritchard Companies; Minneapolis (MN); On-site; USD 85,000 - 110,000; Full time

Job summary

A prominent company in the service sector seeks a Benefits & Payroll Compliance Manager. This role involves managing payroll processing, tax compliance, and employee benefits administration. The ideal candidate will have a bachelor's degree in HR or a related field, strong analytical abilities, and excellent communication skills. You will ensure compliance with federal and state regulations while supporting audits and preparing financial reports. Join us to provide essential support to employees and management in compensation and benefits matters.

Qualifications

• Bachelor's degree in human resources, business administration or a related field is required.
• Strong understanding of employment laws and regulations.
• Ability to analyze data and assess effectiveness of benefits programs.
• Excellent verbal and written communication skills are necessary.
• Excellent written and verbal communication abilities.

Responsibilities

• Oversee payroll processing, tax compliance, and benefits administration.
• Manage open enrollment and liaise with external vendors.
• Ensure compliance with federal and state regulations.
• Prepare reports on earnings, taxes, and deductions.
• Resolve payroll discrepancies and maintain employee data systems.
• Oversee 401(k) census and audits.
• Maintain plan documents and SPDs.
• Monitor multi-state employment laws.
• Support OSHA reporting requirements.
• Maintain workers’ compensation documentation.
• Provide compliance training tracking.
• Offer audit support and liaison with auditors.

Skills

Benefits administration

Payroll processing

Regulatory compliance

Analytical skills

Communication skills

Education

Bachelor’s degree in human resources or related field

Certified Employee Benefits Specialist (CEBS)

Job description

The Benefits & Payroll Compliance Manager is a crucial role at Pritchard Companies. It requires a blend of expertise in finance and human resources, as it involves overseeing payroll processing, tax compliance, and the administration of benefits such as health insurance, retirement plans and other employee perks. The Benefits & Payroll Manager acts as a key liaison between employees, management and external vendors, providing expertise on compensation and benefits issues.

Key responsibilities

• Benefits administration and eligibility
• Open enrollment
• Broker and carrier management
• COBRA, ACA, ERISA
• Welfare and Retirement Form 5500 coordination
• 401k census and audits
• Plan document and SPD maintenance
• Multi-state employment law monitoring
• OSHA administrative reporting
• Worker’s compensation documentation
• Compliance training tracking
• Audit support

Key value channels

• Administering employee benefits programs such as retirement plans, medical, dental, vision insurances, life and disability insurances and ensuring compliance with federal and state regulations.
• Preparing reports summarizing earnings, taxes, deductions, leave, disability, and nontaxable wages for financial planning and audit purposes.
• Liaise with external auditors and provide support during audits by supplying required payroll and benefits documentation and explanations.
• Overseeing & processing payroll transactions including salaries, benefits, garnishments, taxes and other deductions to ensure accurate and timely payroll issuance.
• Resolving payroll discrepancies by collecting and analyzing information, providing solutions to payroll errors and ensuring corrections are processed.
• Oversee the maintenance of current employee data systems, ensuring confidentiality and data protection standards are met.

Key skills and qualifications

• Education:
  • A bachelor’s degree in human resources, business administration or a related field is required. Advanced degrees or certifications, such as Certified Employee Benefits Specialist (CEBS) is preferred.
• Knowledge of Regulations:
  • A strong understanding of employment laws and regulations is essential for ensuring compliance and managing risks associated with benefits programs.
• Analytical Skills:
  • The ability to analyze data and assess the effectiveness of benefits programs is crucial for making informed decisions and recommendations.
• Communication Skills:
  • Excellent verbal and written communication skills are necessary for educating employees an collaborating with various stakeholders.