Sr. Payroll Analyst

Related Companies; New York (NY); On-site; USD 85,000 - 105,000; Full time

Job summary

Related Companies is seeking a Senior Payroll Analyst in New York to join our payroll team, responsible for day-to-day payroll execution, maintaining accurate records, and ensuring timely payroll payments across Related Companies. The role also supports the Payroll Cost Allocations process across development and operational portfolios.

You will work with HR and Benefits to resolve payroll inquiries, handle complex transactions, and ensure compliance with wage and hour laws.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, HR or equivalent education and experience.
• 4+ years of experience supporting time and payroll systems in a large corporate environment.
• Experience with multi-company payroll and tax is preferred.
• Solid knowledge of U.S. wage & hour laws, garnishments, and payroll tax withholding rules.

Responsibilities

• Process payroll on Ultipro; ensure on-time payment to employees and statutory agencies.
• Handle heavy volume payroll weekly and bi-weekly for 1000+ employees (union/nonunion).
• Reconcile payroll prior to transmission and validate reports.
• Process special payrolls including bonuses and year-end adjustments.
• Collaborate with HR and Benefits to resolve payroll inquiries and issues.
• Update employee allocation percentages to business units and assign cost centers.

Skills

Payroll processing

Attention to detail

Communication

Education

Bachelor's degree in Finance/Accounting/HR

Tools

UltiPro

IBM Cognos BI

Microsoft Excel

Job description

Responsibilities

We are currently seeking a talented and motivated Senior Payroll Analyst to join our payroll team. In this role, you are responsible for the day-to-day execution of payroll tasks to establish and maintain accurate employee and payroll records, execute payroll-processing production, and ultimately produce accurate and timely payroll payments to employees for Related Companies. In addition, the role will assist in the Payroll Cost Allocations process where Payroll Expenses are distributed to Related's development and operational portfolios.

Primary Responsibilities

• Process payroll on Ultipro software; ensure on-time payment to employees and statutory agencies. Process payroll changes and other special transactions including new hires, terminations, transfers, rate changes, address changes, work location changes, and garnishments.
• Handle heavy volume payroll weekly and bi-weekly with 1000+ employees union/nonunion.
• Handle complex and/or sensitive payroll requests and issues related to processing.
• Reconcile payroll prior to transmission and validate confirmed reports.
• Process special payrolls including bonuses and year-end adjustments.
• Work with HR and Benefits to help resolve employee pay inquires.
• Resolve payroll issues with employees such as vacation, sick leave, banking, garnishments, payroll deductions, retroactive pay calculations, tax questions, etc.
• Assist with capturing and responding to escalated issues, policies, and procedures from government agencies, payroll functions, and the operating companies.
• Responsible for updating employee allocation percentages to the respective business units.
• Assign and remove Payroll Cost Allocation Centers to employee’s profiles in UltiPro.
• Ability to handle multiple business requests and work independently with attention to details.

Compensation Range: $85,000 - 105,000

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, HR or equivalent education and experience.
• 4 plus years of experience supporting time and payroll systems in a large corporate environment.
• Experience with large multi-company (FEINs - legal entities), multi-jurisdiction payroll and tax is preferred.
• Solid knowledge of U.S. wage & hour laws, garnishments, and payroll tax withholding rules at the federal, state and local levels.
• Proficient at Microsoft Office, especially Excel
• Knowledge of Ultipro and IBM Cognos Business Intelligence preferred not required.
• American Payroll Association (CPP) certification preferred not required.

#TRC

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Overview

Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States with over sixty billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan's West Side, The Grand and Related Santa Clara in California and The 78 in Chicago. Formed over 45 years ago, Related is the largest private owner of affordable housing and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of design, development, acquisitions, management, finance, hospitality, sustainability, and sales. Related’s mixed-use, residential and commercial office properties have been consistently heralded for their placemaking vision – bringing together iconic design, arts and culture, dynamic programming, and innovative wellness programs. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, and London, and boasts a team of approximately 4,000 professionals. Related was recently named to Fast Company Magazine's list of the 50 Most Innovative Companies in the World.

For more information about Related, please visit www.related.com .

Related is an Equal Opportunity Employer

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