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Compensation Coordinator
1 month ago
About This Opportunity
We are seeking a highly skilled Compensation Coordinator to join our dynamic team in the financial services industry. As a key member of our operations team, you will play a pivotal role in ensuring smooth payroll processing and compliance with relevant laws and regulations.
Job Responsibilities
- Process and manage all payroll transactions with precision, including regular pay, bonuses, benefits, and deductions.
- Ensure accuracy and compliance of all payroll data by establishing and implementing payroll policies and procedures.
- Reconcile payroll discrepancies, investigate and resolve any irregularities or enquiries associated with payroll processing.
- Prepare and maintain accurate records and reports of payroll transactions.
- Ensure compliance with all applicable state and federal wage and hour laws.
- Liaise with other departments or functions (payroll, benefits, HR, etc.) to ensure correct flow and maintenance of employee data.
- Handle the administration of the electronic timekeeping system.
- Provide excellent customer service by answering employee requests and questions regarding payroll matters in a timely and professional manner.
Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
- 2+ years of experience in payroll administration, preferably within the finance industry.
- Strong knowledge of payroll processing, tax procedures, and wage and hour laws.
- Proficient in payroll software, as well as Microsoft Office Suite, especially Excel.
- Exceptional attention to detail, accuracy, and problem-solving skills.
- Excellent communication and interpersonal skills to handle sensitive and confidential situations and documentation.
- Ability to work independently, prioritize tasks, and manage time effectively.
- Strong customer service mindset with the ability to engage with employees at all levels within the organization.
- Certified Payroll Professional (CPP) designation is preferred but not required.
What We Offer
- A competitive salary range of $80,000 - $100,000 per year.
- A dynamic and supportive work environment.