Compensation Analyst

Role Objective

Ensure the precise execution of biweekly payroll and assist with payroll-related tasks and inquiries. Provide support to various functions within the Accounting Department as necessary.

Key Responsibilities

• Internal Collaboration - Partner with Human Resources to guarantee accurate deductions for benefits, including health insurance, retirement plans, and maintain confidentiality standards. Flexibility and strong deadline adherence are essential.
• External Duties - Manage the proper execution of tax obligations and garnishments.

Main Duties

• Process special payments, onboarding of new employees, and terminations as required.
• Record and manage employee garnishments.
• Prepare documentation for various annual audits.
• Assist with the month-end closing processes in the payroll system.
• Generate and distribute payroll reports on a weekly, monthly, quarterly, and annual basis.
• Review payroll records, investigate discrepancies, and implement adjustments as necessary to ensure accurate biweekly payroll processing.
• Support special projects as needed.

Qualifications

• Education - Associate Degree in Accounting or related field.
• Experience - One to two years of experience in an accounting role.
• Skills and Competencies -
  • Understanding of payroll processes, garnishments, payroll taxes, and benefits administration.
  • Exceptional multitasking and organizational abilities.
  • Strong analytical and research skills.
  • Ability to balance efficiency with accuracy.
  • Commitment to meeting deadlines.
  • Experience working in a collaborative team environment.
  • Meticulous attention to detail.
  • Excellent verbal and written communication skills.
  • Commitment to ongoing education that aligns with the Cooperative's objectives.
  • Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook.
  • Physical ability to perform tasks such as standing, walking, sitting, bending, lifting, and carrying up to 25 pounds.

Reporting Structure

• Reports to Payroll Lead.

Supervisory Responsibilities - None

Financial Disclosure Requirement - No

*Tri-County Electric Cooperative is dedicated to the full inclusion of all qualified individuals. We will ensure that individuals with disabilities are provided reasonable accommodations for physical requirements.

*This job description is intended to outline the essential functions of the position and should not be interpreted as exhaustive. Employees may be required to perform other related duties as assigned by their supervisor or management as necessary. Tri-County Electric Cooperative reserves the right to revise or modify the job description as needed. This description does not constitute a written or implied employment contract.