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Sr. Payroll Specialist

3 months ago

Oak Brook, United States Inspira Financial Full time
Job DescriptionJob Description

Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey – relentlessly pursuing better outcomes for all. We believe in finding the best talent While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided.

Don’t meet every single requirement? Here at Inspira Financial, we believe there is no “perfect” candidate and want to encourage applying even if all the requirements listed aren’t met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you We look forward to receiving your application Check out this Inspira Financial video to learn more about our company

  • Typical schedule for this position is 8:30 a.m. CT to 5:30 p.m. CT.
  • This position is hybrid, requiring attendance in the Oak Brook, IL office three days per week. If the candidate resides outside of Illinois, the position will be remote, but they must be able to come to Oak Brook, IL for quarterly meetings.

HOW YOU WILL SOAR:

The Senior Payroll Specialist will report to the Payroll Manager in the Finance Department. This role is responsible for processing bi-weekly payroll in an efficient and accurate manner. The ideal candidate will be a strong communicator, possess excellent organization skills, and operate accurately in a fast-paced environment.

  • Independently process accurate bi-weekly payroll for 1,500+ employees under strict deadlines

  • Process special payrolls as needed (i.e., annual & quarterly bonuses and one-off payrolls.)

  • Input garnishments and correspond with agency

  • Assist in the development of payroll processes and procedures

  • Balance payroll accounting journal entries

  • Liaison with Accounting, HR, IT and FP&A teams

  • Update ongoing payroll process (new hire, termination, LOA, payroll checklist, etc.)

  • Add new taxes to payroll system (state, city, county, etc.)

  • Set up new tax jurisdictions (state, city, county, etc.

  • Maintain secure and confidential payroll files

  • Ensure any payroll errors are resolved in a timely manner

  • Determine root cause of payroll error by collecting and analyzing data

  • Adjust team member’s checks as authorized by the team member or management (401k, medical benefits, LOA, etc.)

  • Assist employees with payroll questions

  • Other duties as assigned

IF YOU HAVE SOME OR ALL OF THE FOLLOWING, APPLY:

  • Bachelors Degree Preferred

  • 3-5 years of applicable experience

  • 3+ years multi state payroll experience

  • Fundamental Payroll Professional (FCP) preferred

  • Experience with ADP and/or Paylocity is a plus

  • Experience with payroll system integration

  • Experience with pay practices and labor laws

  • Basic knowledge of accounting principles including payroll, payroll taxes and general ledger reconciliations

  • Ability to work independently

  • Possess a strong sense of urgency

  • Excellent organization and time management skills

  • Operate efficiently with a high degree of accuracy

  • Proficiency with Microsoft Excel, Word and Outlook

  • Strong written and verbal communication

  • Act as a team player with a positive attitude

Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com.

We have been recognized for our remarkable growth on lists such as Crain’s Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In’s 2023 Best Places to Work and Gallagher’s 2022 Best-In-Class Employer awards.

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