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Compensation and Benefits Administrator

2 months ago

Milwaukee, Wisconsin, United States VRC Full time
Job Overview

About VRC:

VRC is a premier, independent global valuation firm dedicated solely to valuation and advisory services. Since our inception in 1975, we have provided valuation and financial opinions for M&A transactions, as well as for the financial and tax reporting needs of Fortune 500 companies, private equity firms, and their portfolio entities. We invite you to discover more about our firm.

Position Summary:

At VRC, we continually strive to enhance our organization by attracting top-tier talent. We are currently in search of a meticulous Compensation and Benefits Administrator to serve as the company's expert in payroll and benefits management.

Key Responsibilities:

  • Benefits Management: Oversee comprehensive benefits administration, including onboarding new hires, managing life events, and facilitating open enrollment processes.
    • Administer all health, welfare, and retirement plan enrollments, premiums, and employee contributions.
    • Review monthly health, disability, and life insurance invoices for accuracy, coordinating with the Finance Department as necessary.
    • Contribute to the development of policies, processes, and guidelines related to benefits and payroll.
    • Manage ACA compliance, including tracking, enrollments, and distribution of 1095-C forms.
  • Payroll Administration: Manage the complete payroll process for over 250 employees across multiple states.
    • Process employee-related changes impacting payroll, such as new hires, terminations, and adjustments to W4s, pay rates, bonuses, and retirement contributions.
    • Ensure timely semi-monthly payroll disbursement, including deductions for garnishments, benefits, and taxes in accordance with federal, state, and local regulations.
  • Maintain a thorough understanding of compliance regulations and reporting requirements for benefits, payroll, and retirement plans.
  • Compile data and conduct audits to ensure the integrity of payroll and benefits.
  • Assist in the formulation of policies, processes, and guidelines for benefits and payroll.
  • Handle statutory reporting related to compensation and benefits.
  • Import and reconcile time-off data into ADP from the company's ERP system.
  • Support other duties as assigned by the Human Resources and Management teams.

Qualifications:

  • Bachelor's degree is preferred.
  • Experience with ADP payroll systems is required.
  • A minimum of three years of experience with self-insured benefits is necessary.
  • Familiarity with multi-state and federal employment and payroll processing regulations.
  • Prior experience in the financial services or professional services sector is advantageous.
  • Exemplary organizational skills, attention to detail, and the ability to manage multiple tasks effectively.
  • Exceptional verbal and written communication abilities.

What We Offer:

  • Competitive bonus structure.
  • Comprehensive medical, dental, and vision insurance, along with life insurance, disability coverage, health savings accounts, and 401k matching programs.
  • Generous paid time off.
  • Reimbursement for professional designation admission fees and study materials.
  • Opportunities for career growth as VRC continues to expand.
  • For further details on our benefits, please visit our Careers page.

Diversity & Inclusion Commitment:

VRC is an equal opportunity employer dedicated to fostering a diverse workforce. We are committed to diversity, inclusion, and equitable treatment of our colleagues, the communities we serve, and our clients. We value collaboration in a team-oriented environment where every individual's talents, ideas, and expertise are acknowledged and respected. We welcome all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.