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Compensation and Benefits Administrator
1 month ago
**Overview of Company and Position**
We are a dedicated real estate property management company focused on providing quality, affordable housing solutions to individuals and families. With a mission to make housing accessible to all, we specialize in managing affordable housing properties with a commitment to integrity, transparency, and excellence.
Salary and Benefits:
The estimated annual salary for this position is $63,000-$83,000, depending on experience. The role also comes with a comprehensive benefits package, including medical insurance (100% paid for employees), voluntary dental and vision plan options, bonus eligibility, 401(K) with company match, paid time off, 12 paid company holidays, commuter benefits, and voluntary short-term disability, long-term disability, life insurance, dependent coverage, accident insurance, critical Illness insurance, and hospital indemnity Insurance.
Job Description:**Payroll Specialist**
The Payroll Specialist is responsible for administering payroll (processing weekly and bi-weekly payroll), processing new hires in the system, updating employee records and union benefits, and responding to payroll inquiries. This role requires strong organizational skills, attention to detail, and excellent communication skills.
Key Responsibilities:
- Process multiple weekly and bi-weekly payrolls for exempt and non-exempt, non-union employees. This is high-frequency, time-sensitive work.
- Maintain knowledge of tax rules and regulations that govern payroll administration practices and ensure that payroll-related transactions are processed in compliance with external and internal policies, as well as applicable federal, state, and local regulations.
- Assist in filing any paperwork necessary to obtain state and local ID for state filing, unemployment tax, etc.
- Enter and Post Journal entries to reconcile all payroll accounts.
- Set up, process, and maintain changes to an employee's voluntary and involuntary deductions, such as direct deposits, benefits, and garnishments.
- Reconcile and calculate payroll adjustments, issue checks, process manual checks, and void checks as needed.
- Assist department managers and staff by answering payroll procedural questions, as well as researching and resolving payroll problems and discrepancies.
- Monitor the department email inbox to provide timely responses to inquiries.
- Help assist the payroll team in responding timely and effectively to inquiries related to payroll, providing guidance on garnishments, child supports, IRS levies, and pay practices.
- Work with the Human Resources department to collaboratively administer all company attendance and time reporting, benefits, and payroll policies.
- Audit documentation of new hires processed by Human Resources.
- Respond timely and effectively to inquiries related to payroll, providing guidance on garnishments, child supports, IRS levies, and pay practices.
- Audit payroll and employee deductions and update records as needed.
- Administer annual increases and year-end bonuses.
- Assist in administrative works on record-keeping.
- Assist with special projects/ad hoc assignments.
Requirements:
- Bachelor's Degree, preferably in Accounting, Finance or a related field required.
- Must have at least 2 years' experience processing payroll.
- Understanding of Payroll Fundamentals, tax laws, benefits.
- Multistate payroll experience preferred.
- Must be proficient in Microsoft Office, Word, and Excel.
- Yardi software experience a plus.
- Knowledge of Fair Labor Standards Act and other state, city laws.
- Ability to multitask, prioritize, and work efficiently is a must.
- Ability to listen, communicate (written and verbal) and follow up effectively with all levels within the organization is key.
- Ability to perform at high levels in a fast-paced, ever-changing work environment is a must.
- FPC or CPP certification preferred.
