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Compensation and Benefits Analyst

2 months ago

Plymouth, Michigan, United States Adient Full time

OVERVIEW

The Compensation and Benefits Analyst plays a crucial role in managing various aspects of payroll operations, ensuring the accurate and timely processing of weekly, semi-monthly, and monthly payrolls utilizing ADP Globalview and Enterprise eTime. This position involves reviewing pre-payroll error reports, uploading adjustment templates, performing manual data entry, and confirming the precision of payrolls before final approval by validating multiple reports generated by ADP. Additionally, the analyst supports garnishment processing, rectifies payroll tax discrepancies, handles off-cycle pay adjustments as required, and addresses inquiries from Human Resource representatives.

Key Responsibilities

  • The analyst will execute adjustment files on a weekly basis and aid in the efficient, timely, and precise confirmation of payrolls in accordance with the established processing timeline and payroll checklist.
  • Manage various forms of imputed income, including relocation, stock options, and personal use of company vehicles, to guarantee accurate year-end W2 reporting.
  • Address inquiries related to payroll and payroll systems; serve as a primary contact for payroll and HR; engage with key stakeholders and partners as necessary.
  • Assist with tasks associated with year-end bonus distributions, executive compensation payouts, and other year-end processes affecting employees.
  • Support the reconciliation of tax payments and filings performed by ADP as required.
  • Revise the Hourly and Salary Processing Procedures as necessary to accurately reflect process changes, ensuring compliance with Sarbanes-Oxley and internal audit standards while enhancing efficiency and accuracy in payroll processing.
  • Collaborate closely with the Shared Service Center to ensure alignment among team members regarding payroll processing activities.
  • Participate in cross-training within the department to gain comprehensive knowledge of payroll functions such as tax, garnishments, escheatment, and report generation to ensure adequate backup for all team members.

Qualifications

  • Bachelor's degree in a business-related field (Business, Accounting, Finance, HR, etc.), or a minimum of 4 to 7 years of experience in Payroll/Tax-related roles.
  • Fundamental understanding of payroll tax and garnishment processing.
  • Strong analytical and problem-solving capabilities.
  • Ability to thrive in a fast-paced, deadline-oriented environment with minimal supervision.
  • Customer-focused with a strong emphasis on quality, detail, and accuracy.
  • Excellent interpersonal and organizational skills.
  • Proficient English communication skills – both written and verbal.
  • Intermediate proficiency in Microsoft Word and Microsoft Excel.