Payroll & Benefits Specialist

Vctavern; Cambridge (MA); On-site; USD 55,000 - 75,000; Full time

Job summary

Vctavern is looking for a Payroll & Benefits Specialist located in Cambridge, Massachusetts. The role focuses on managing payroll activities, benefits administration, and ensuring accuracy in wages and taxes.

The ideal candidate will have a Bachelor's degree and experience in payroll and benefits, particularly with ADP systems. Key responsibilities also include maintaining employee records and reporting on payroll and HR metrics.

Qualifications

• Bachelor’s Degree or equivalent required.
• Prior payroll and benefits experience essential.
• ADP experience preferred for efficiency.

Responsibilities

• Process payrolls for various employee types while ensuring compliance.
• Administer all employee benefit programs including audits.
• Maintain employee records within payroll systems.

Skills

Payroll processing

Benefits administration

ADP system knowledge

Audit experience

Education

Bachelor's Degree or equivalent

Tools

ADP

Job description

The Role

The Payroll & Benefits Specialist administers the activities relating to the company payroll, benefits processing including developing, implementing, and monitoring (e.g., performing internal audit and control procedures to ensure that all wages and taxes are accurate). The individual will be the company’s subject matter expert with all semi-monthly payrolls, and benefits administration.

Payroll Duties And Responsibilities

• Process payrolls for hourly, salaried, and temporary employees; including reviewing, administering regulatory requirements, and other adjustments to pay as necessary.
• Implement and maintain payroll best practices to improve efficiency and consult with People and Culture to improve payroll and benefits processes.
• Responsible for payroll onboarding and off-boarding, including training employees on ADP set up, inputting new hires to ADP, off-boarding departing FTEs, and acting as primary contact for tax elections questions.
• Maintain employee records in payroll/benefits systems.
• Produce scheduled and ad-hoc reports pertaining to payroll and human resources requirements.

Benefits Responsibilities

• Administer all employee benefit programs including enrollments, terminations, and some COBRA administration.
• Reports results of audits to ensure all enrollments are accurate and that dependent information is correct for each employee and assists with quarterly and year end audits for year-end processing (payroll, 401k, benefits).
• Potential to administer equity plan.

Qualifications

• Bachelor’s Degree or equivalent.
• Prior payroll and benefits experience required.
• ADP experience preferred.
• Prior equity plan administration preferred.

Equal Employment Opportunity

Flagship Pioneering and our ecosystem companies are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

COVID-19 Safety

Generate Biomedicines enforces a mandatory vaccination policy for COVID-19. All employees must be fully vaccinated and have received a booster. The policy is to safeguard the health of employees, their families, and the community. The company will make exceptions if required by applicable law and will consider requests for an exemption due to medical reasons, sincerely held religious beliefs, or other recognized exemptions.