Payroll Specialist

EDGECo Holdings, LP; Lexington (KY); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) match

PTO

Job summary

A financial services company in Lexington, Kentucky, is seeking a Payroll Specialist to manage payroll processing and collaborate with HR teams. Candidates should have a bachelor's degree and 1-3 years of relevant experience. The position offers a competitive salary and comprehensive benefits including health, dental, vision, and a 401(k) match.

Qualifications

• 1-3 years of experience in payroll processing and HR Systems exposures.
• Must maintain the highest level of discretion and confidentiality at all times.

Responsibilities

• Process bi-weekly payroll for employees consistent with laws and established practices.
• Ensure accurate set-up of accounts in new states for payroll tax purposes.
• Administer quarterly and annual bonus programs and process bonus payrolls.

Skills

Organizational skills

Analytical skills

Problem-solving skills

Customer service skills

Attention to detail

Microsoft Office Suite

Payroll software (Paychex preferred)

Education

Bachelor's degree in Accounting, Business Administration, or Human Resources

Tools

Paychex

Job description

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Overview

The Payroll Specialist will take direction from the Payroll & HRIS Supervisor in carrying out key responsibilities in the completion of payroll processing, ensuring that bi-weekly payroll, quarterly and annual bonus program pay, and commission pay is processed on time, accurately, and in compliance with federal, state, and local regulations and company policies. The Payroll Specialist collaborates with the HR team to ensure that the HRIS systems are maintained and operational to maximize use across the companies.

Responsibilities

• Process the bi-weekly payroll for United States employees (Exempt/Nonexempt) consistent with federal, and state wage and hour laws and in accordance with established payroll practices.
• Ensure accurate set-up of accounts in new states and localities for payroll withholding tax purposes.
• Prepare for payroll processing by correcting timecards, approving time off, and ensuring all unique payroll requests/changes are recorded and processed.
• Support Finance and HR in the annual merit process.
• Timely respond to Payroll inquiries.
• Process special payrolls, including one-off bonuses and commissions.
• Administer the quarterly and annual bonus programs and process the bonus payrolls.
• Upload employer HSA contributions and collaborate with Benefit Analyst as backup to this process.
• Track and audit all hiring, personnel changes, etc. to ensure all changes correspond with Paychex output.
• Work with Benefits Analyst, HR Coordinator & HR Business Partners to ensure accurate pay data.
• Work with Benefits Analyst on Leave of Absence activities and related tasks and responsibilities.
• Run & save payroll reports and distribute as needed to Finance.
• Other projects and duties as assigned.

Skills & Qualifications

• Bachelor's degree in Accounting, Business Administration, Human Resources, or related field or relevant experience in lieu of Bachelor’s degree required. In lieu of degree, relevant experience will be considered.
• 1-3 years of experience in payroll processing and HR Systems exposures.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Strong communication and customer service skills.
• Proficient with Microsoft Office Suite or related software.
• Proficient with payroll software, Paychex preferred.
• Must maintain the highest level of discretion and confidentiality at all times.

Who We Are

EdgeCo Holdings is made up of several affiliated financial services companies, including AmericanTCS Holdings and NewEdge Capital Group. For over four decades, the EdgeCo companies have provided a suite of technology and support services to financial intermediaries and their clients, including full-service retirement plan administration, wealth management, brokerage, advisory, and trust and custody solutions.

What We Offer

Compensation will be comprised of a base salary and an opportunity to qualify for bonus(es) or commissions. EdgeCo Holdings' benefit package includes health, dental, vision, short-term disability, long-term disability, life insurance, PTO and 401(k) match (after applicable waiting periods).