Payroll and Benefits Specialist

CFS; Cambridge (MA); On-site; USD 65,000 - 80,000; Full time

Job summary

CFS in Cambridge, MA is seeking a Payroll & Benefits Specialist to own the full-cycle payroll for ~150 employees and collaborate with HR and finance to ensure accuracy and compliance.

This onsite role offers exposure to bonuses, commissions, and incentive pay, along with benefits administration support, in a stable banking environment with strong team collaboration.

Qualifications

• 3+ years of payroll experience.
• Experience with ADP Workforce Now preferred.
• Experience handling bonus, commission, or incentive payroll.
• Strong knowledge of payroll processes and compliance.

Responsibilities

• Manage full-cycle payroll for approximately 150 employees.
• Process monthly bonuses, commissions, and incentive payments.
• Maintain payroll accuracy, compliance, and reporting.
• Support benefits administration as needed.
• Partner with HR and finance on payroll-related matters.

Skills

Payroll processing

Compliance

Cross-functional collaboration

Tools

ADP Workforce Now

Job description

Job Title

Payroll & Benefits Specialist

Location

Cambridge, MA

Salary

$65,000 - $80,000

Why This Opportunity Stands Out

• Take full ownership of payroll for ~150 employees — real impact, not just support work
• Work within a stable, reputable banking environment in the Cambridge market
• Gain hands-on experience with bonus, commission, and incentive compensation structures
• Utilize and deepen expertise in ADP Workforce Now
• High visibility role interacting across finance and HR teams
• Opportunity to streamline processes and improve payroll operations
• Consistent, fully onsite environment with strong team collaboration
• Clear opportunity to build advanced payroll and compensation expertise

Key Responsibilities For The Payroll & Benefits Specialist

• Manage full-cycle payroll for approximately 150 employees
• Process monthly bonuses, commissions, and incentive payments
• Maintain payroll accuracy, compliance, and reporting
• Support benefits administration as needed
• Partner with HR and finance on payroll-related matters

Qualifications For The Payroll & Benefits Specialist

• 3+ years of payroll experience
• Experience with ADP Workforce Now preferred
• Experience handling bonus, commission, or incentive payroll
• Strong knowledge of payroll processes and compliance