Payroll and Compensation Analyst

Honigman LLP; Detroit (MI); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Healthcare benefits

401K & profit sharing

APL program

Well-being programs

Learning & development

Job summary

Honigman LLP in Detroit seeks a Payroll and Compensation Analyst to deliver analytical, financial, and operational support for the payroll team across employees and partners. The role collaborates with Tax and FP&A to ensure precise compensation planning and acts as backup for payroll processing.

Responsibilities include analyzing payroll data, budgeting and forecasting, account reconciliations, reporting, and ADP support.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, Data Science or related field preferred.
• Experience in data organization, collection & analytics.
• Strong analytical, reporting, and Excel skills.
• Knowledge of accounting and reconciliation processes.
• Ability to manage multiple priorities and meet tight deadlines.
• Strong attention to detail and communication skills.
• Prior experience in ADP or another payroll systems a plus.

Responsibilities

• Analyze payroll data for employees and partners to identify trends and discrepancies.
• Support payroll budgeting and labor cost forecasting with FP&A.
• Reconcile payroll-related general ledger accounts and verify deductions.
• Develop payroll reports and dashboards for leadership and HR.
• Provide ADP payroll processing support as needed.

Skills

Data analytics

Excel skills

Attention to detail

Communication skills

ADP experience

Education

Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, Data Science or related field

Tools

ADP Payroll System

Job description

Honigman is a premier business law firm, based in Michigan with an international practice. Honigman is consistently recognized as one of the 101 Best and Brightest Places to Work, we earned this recognition by recruiting attorneys and staff members with outstanding credentials. Currently, we are looking for a Payroll and Compensation Analyst in our Detroit Office. In addition to our Corporate Detroit Office, we have offices in Chicago, IL, Grand Rapids, Bloomfield Hills, Ann Arbor, Kalamazoo, Lansing, and Washington D.C. With more than 350 attorneys working in 60 different areas of concentration, Honigman provides timely and cost-effective counsel to clients in numerous industries.

JOB SUMMARY

The Payroll and Compensation Analyst provides analytical, financial, and operational support for the payroll team for both employee and attorney populations. This position is responsible for payroll and compensation analysis, budgeting and forecasting support, account reconciliations and report creation and maintenance. This position collaborates closely with the Tax Department and Financial Planning & Analysis group to ensure accurate financial management and strategic compensation planning. This position also provides backup coverage for payroll processing.

RESPONSIBILITIES

Payroll and Compensation Analysis

• Analyze payroll data for diverse populations including employees and attorney partners and identify trends, variances, and discrepancies.
• Research and resolve payroll issues and exceptions with meticulous attention to detail.
• Support comprehensive payroll audits and compliance activities.

Budgeting and Forecasting

• Assist with payroll budgeting and labor cost forecasting. Partner with FP&A team to integrate compensation forecasts into overall company budgeting and planning processes.
• Prepare payroll expense reports and variance analyses.
• Support financial and senior leadership with payroll-related financial data.

Account Reconciliations

• Reconcile payroll-related general ledger accounts.
• Review payroll taxes, deductions, garnishments, and benefit accounts for accuracy.
• Report discrepancies to Senior Manager so a resolution can be made in a timely manner.

Reporting

• Develop and maintain payroll reports and dashboards.
• Generate recurring and ad hoc reports for senior leadership, Human Resources, and Financial Services.
• Validate data accuracy and support reporting requests.

Payroll Processing Backup Support

• Provide ADP support for payroll processing and assist when needed.
• Stay up to speed on sources of data and calculations needed to perform a scheduled payroll process.

QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, Data Science or related field preferred.
• Experience in data organization, collection & analytics.
• Strong analytical, reporting, and Excel skills.
• Knowledge of accounting and reconciliation processes.
• Ability to manage multiple priorities and meet tight deadlines.
• Strong attention to detail and communication skills.
• Prior experience in ADP or another payroll systems a plus.

REQUIREMENTS

• Must be authorized to work in the United States without employer sponsorship now or in the future
• This position is not eligible for visa sponsorship

Pay Range and Compensation Package

Honigman provides a generous total compensation package, which includes comprehensive health and well-being benefits, as well as 401k and profit sharing. The anticipated annual pay range for this role is $75,000 to $95,000 (exempt). The actual offered pay rate will be determined based on various factors, including qualifications, experience, geographic location, education, external market data, and internal equity considerations.

Benefits & Additional Information

Successful candidates will enjoy an exceptional career opportunity within a welcoming environment. Eligible employees can also take advantage of Honigman’s comprehensive benefits program, highlights of which are below:

• Healthcare, life and disability insurance
• 401K and profit sharing
• Generous All Purpose Leave (APL) program that increases with tenure
• Well-being programs (e.g., mental health services, medical resources, and more)
• Learning and development programs

Honigman is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, veteran status, marital status, sexual orientation, disability or any other category prohibited by applicable local, state or federal law. This policy applies to all aspects of employment, including recruitment, placement, promotion, transfer, demotion, compensation, benefits, and termination.