Compensation Administrator

2 weeks ago

Stamford, Connecticut, United States Vaco Full time

Job Title: Compensation Administrator

Job Overview: In the role of Compensation Administrator, you will oversee the payroll operations for staff members, ensuring precision and punctuality in all financial transactions. You will work in conjunction with the Human Resources department to collect essential data and maintain employee documentation. Your meticulous nature and knowledge of payroll laws will be crucial in guaranteeing adherence to regulatory standards.

Key Responsibilities:

  1. Payroll Processing: Accurately compute salaries, deductions, and incentives based on attendance logs, time records, and other pertinent information.
  2. Record Maintenance: Ensure precise documentation of employee attendance, hours worked, and payroll deductions.
  3. Information Verification: Scrutinize time records and related documents to confirm accuracy and address any inconsistencies.
  4. Regulatory Compliance: Remain informed about federal, state, and local payroll regulations to ensure compliance with tax obligations and reporting standards.
  5. Inquiry Management: Respond to employee questions regarding payroll issues, including deductions, benefits, and tax withholdings.
  6. Report Generation: Create payroll reports for management and accounting purposes, including tax submissions, wage summaries, and labor distribution analyses.
  7. Record Updates: Modify employee payroll records for changes such as new hires, separations, promotions, and adjustments in salary or benefits.
  8. Audit Assistance: Support payroll audits by preparing necessary documentation and addressing auditor inquiries.
  9. HR Collaboration: Partner closely with the HR team to ensure accurate employee data and resolve any payroll-related challenges.
  10. Confidentiality Maintenance: Manage sensitive employee information with the utmost confidentiality and discretion.

Qualifications:

  • High school diploma or equivalent; additional education or certification in accounting or payroll management is advantageous.
  • Demonstrated experience as a payroll administrator or in a comparable position.
  • Proficiency in payroll systems and MS Office, especially Excel.
  • Strong grasp of payroll principles, regulations, and best practices.
  • Exceptional numerical and data entry capabilities with a keen attention to detail.
  • Ability to operate independently and prioritize tasks in a dynamic environment.
  • Strong communication and interpersonal abilities.

Vaco is committed to fostering a diverse workplace and strongly encourages applications from women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans.

EEO Statement

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment based on race, color, sex, religion, national origin, age, disability, veteran status, or any other protected characteristics as required by law.

Vaco LLC and its affiliates are dedicated to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, or to receive other benefits and privileges of employment, please reach out for assistance.

Vaco also wants all applicants to be aware of their rights regarding workplace discrimination.

By submitting your application, you agree that you are granting Vaco the exclusive right to present you as a candidate for this employment opportunity. You further affirm that you have accurately represented your qualifications and agree to maintain confidentiality regarding any information learned about the position.

Privacy Policy

Vaco LLC and its affiliates respect your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco's HR Notice at Collection for California Applicants and Employees.
  • Virginia residents may access our state-specific policies.
  • Residents of all other states may access our policies.
  • Canadian residents may access our policies in English and French.
  • Residents of countries governed by GDPR may access our policies.
Compensation Transparency Notice

Determining compensation for this role at Vaco depends on various factors, including:

  • the individual's skills, experience, and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

As required by local law, Vaco believes that the salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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