Payroll and Benefits Specialist

Glocap; New York (NY); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Annual Bonus

General flexibility with hours

Job summary

A premier global alternative investment management firm seeks a Payroll and Benefits Specialist in their NYC office. The role involves managing payroll and benefits for US employees, ensuring compliance with all relevant laws. Ideal candidates will have a Bachelor's degree, 3+ years of payroll and benefits experience, and proficiency in tools like ADP Workforce Now and Workday. Join a dedicated team in a prestigious firm offering competitive compensation.

Qualifications

• 3+ years of US payroll and benefit administration experience.
• Proficient with local, state, and federal payroll and benefits laws.
• Ability to handle sensitive information with confidentiality.

Responsibilities

• Administer US semi-monthly payrolls and ensure deadlines are met.
• Process payroll changes and verify payroll data.
• Assist with US payroll audits and 401(k) audits.

Skills

Strong verbal and written communication skills

Analytical rigor

Attention to detail

Strong work ethic

Strategic thinking

Education

Bachelor's degree

Tools

ADP Workforce Now

Workday

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Overview

Our client, a premier and well established global private alternative investment management firm, is seeking to hire a Payroll and Benefits Specialist based in their NYC office. This role is part of the Human Resources Total Rewards & Operations team and will be the key point of contact for the firm’s US locations. This individual plays a key role in executing all aspects of the payroll and benefit lifecycle for US employees. The ideal candidate should be deadline driven, committed to excellence and demonstrate sound judgement.

Compensation

Base pay range: $90,000.00/yr - $100,000.00/yr

Additional compensation types: Annual Bonus

Location and schedule

LOCATION: New York, NY (midtown)

HOURS: 8:30am-5:30pm (with general flexibility)

IN OFFICE 4 days with Fridays WFH

Company and position

COMPANY: Global Alternative Investment Management Firm

POSITION: Payroll and Benefits Specialist

Requirements

• Bachelor's degree: Required
• 3+ years of US payroll and benefit administration experience
• ADP Workforce Now experience required
• Workday experience required
• Strong verbal and written communication skills; comfortable communicating with senior stakeholders
• Strategic thinker with an execution mindset; willing to set the strategy and execute
• Strong work ethic and self-motivated; ability to set and manage priorities, multi-task and pivot as priorities change
• Analytical rigor and attention to detail; proficient with Microsoft Excel, Word, PowerPoint, Outlook
• Thorough knowledge of local, state, and federal payroll and benefits laws (FMLA, NY PFL, ADA, FLSA, ACA, COBRA, HIPAA, ERISA)
• Ability to handle sensitive information with confidentiality and discretion

Responsibilities

• Payroll administration for US semi-monthly payrolls; backup for non-US payrolls; ensure deadlines and procedures are followed
• Process payroll changes, verify payroll data, and produce payroll reconciliations and reporting
• Assist with US payroll audits, 401(k) audits, and Workers’ Compensation audits
• Annual review of forms W-2 and 1095-C
• Support the integrity of HRIS and payroll data
• Benefit administration including remittance reconciliations, processing joiners, leavers, and life-event changes; ensure HRIS is up to date
• Participate in benefit plan design and recommend changes as appropriate with the Firm’s best interests
• Provide high level customer service to Partners and employees; communicate plan designs; conduct benefit onboarding and offboarding meetings; serve as main point of contact for pay and benefit inquiries
• Leave management including processing claims with carriers and maintaining active disability files to ensure compliance with FMLA and NY PFL rules, policies, and regulations
• Serve as point of contact for third-party payroll, benefit administrators, and benefit brokers
• Stay up to date with legislation affecting payroll and benefits; ensure compliance with laws, regulations, and policies
• Maintain and update intranet content related to payroll and benefits
• Support Wellness program design and vendor management