Lead Payroll and Operations Analyst

FHLB Des Moines; Des Moines (IA); Hybrid; USD 81,000 - 97,000; Full time

Job summary

FHLB Des Moines is seeking a Payroll Leader to design and oversee payroll operations, ensuring accuracy and timeliness across cycles. You will lead audits, submissions, and post-payroll activities while collaborating with Total Rewards and Finance to maintain compliance and optimize processes.

The role requires strong confidentiality, advanced Excel skills, and extensive experience with Workday HCM and ADP, with a focus on regulatory compliance and immigration coordination.

Qualifications

• B.S. degree preferred in HR, accounting, business administration or related field.
• CPP certification preferred.
• 5+ years payroll administration experience.
• 1+ year HR system administration with Workday HCM modules preferred.
• Experience with ADP preferred.

Responsibilities

• Leads payroll function and oversees the administration of payroll operations.
• Audits payroll and ensures accuracy and timely processing.
• Submits payroll for final processing and resolves escalated issues.
• Assists in immigration matters and compliance reporting.
• Provides backup in payroll processing, new hires, changes, and terminations.
• Ensures payroll taxes are processed accurately and timely.
• Liaises with Finance for GL and reconciliation.
• Guides Payroll team to adhere to regulations.

Skills

Discretion

Excel

Analytical

Communication

HR policies

Problem solving

Education

B.S. in HR/Business/Accounting

CPP certification

Tools

Workday HCM

ADP

HRIS

Job description

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.Leads the Bank’s Payroll function and oversees the administration of payroll operations by designing processes and procedures; directing the collection, calculation and entering of data to ensure payroll processing occurs in an accurate and timely manner. Serves as a liaison for all immigration matters. Assists in reporting across the Total Rewards function.Accountabilities:Responsibilities/Duties/Function/Tasks:Leads the auditing of payroll and associated tasks for each pay period.Submits payroll for final processing.Works with Service Delivery team to solve problem issues and manages escalated payroll, tax, and benefit issues.Approves post-payroll activities including benefit payments.Responsible for ensuring the payroll taxes are processed accurately and timely.Provides backup and assistance in payroll processing, processing new hires, employee changes, and terminations. Works with the Finance team on all payroll accounting items including maintenance of general ledger (GL), reconciliation, and balancing activities.Provides guidance to Payroll team to ensure daily operations are successfully achieved and in accordance with firm, federal, state, and local regulations.Administration of the Bank’s benefit and retirement plans including all required audits and compliance reporting.Works closely with Total Rewards on plan design, reporting and compliance.Ensures compliance with federal, state, and local requirements by studying existing and new legislation, enforcing adherence to requirements and advising management on needed actions.Leads continuous improvement of core operations processes, providing innovative suggestions and solutions.Provides end-user support, including researching and resolving HR system related issues.Coordinates all immigration activities including administration, compliance and strategy.Participates in human resources projects.Perform other duties and projects as assigned.Qualifications:B.S. degree in human resources, accounting, business administration or related field preferred5+ years of experience in Payroll administration or equivalent experience1+ year(s) of HR system administration, including experience with multiple modules of Workday HCM such as Compensation, Benefits, Talent Management, and Recruiting strongly preferred.Certified Payroll Professional (CPP) strongly preferredExperience with ADP strongly preferredExperience with Payroll accounting activities strongly preferredKnowledge of employment laws, regulations and compliance standards requiredExcellent interpersonal, verbal, and written communications skills requiredAbility to work with a strong sense of discretion and confidentialityStrong communication and facilitation skillsAbility to organize information, analyze data and solve problemsProven experience with Excel, Word, PowerPoint; HRIS and Applicant Tracking systemsFinancial services or banking industry experience preferredCompensation Range:Annual Salary: $81,481.00 - $96,758.00This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here .At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.