Benefits and Payroll Analyst
4 weeks ago
The Benefits and Payroll Analyst is a key member of the Human Resources team, responsible for administering the Bank's payroll and benefits program. This role requires a high level of accuracy, attention to detail, and excellent communication skills.
Key Responsibilities- Administer the Bank's payroll and benefits program, ensuring timely and accurate processing of payroll and benefits expenses.
- Perform data analysis to ensure accuracy and identify system discrepancies, resolving payroll, tax, and related HRIS/Workday issues.
- Collect, analyze, update, and reconcile payroll, timesheet, benefit, and employee data within the Workday HRIS for accuracy, appropriateness, and documentation.
- Serve as a liaison with multiple vendors, including One Source Virtual, to ensure accurate tax, garnishment, and payroll settlements are processed.
- Administer the Bank's benefit plans through ongoing communication with carriers, current and former employees regarding enrollments and life changes, claims processing, and problem resolution.
- Ensure compliance with applicable policies, procedures, and regulations, including HIPAA, ACA, and FMLA.
- Provide effective communication and understanding of programs and changes through the development of training programs, newsletters, articles, and other techniques.
- Coordinate benefits and payroll policy and procedure changes through various internal and external parties, including HR leadership, legal counsel, broker consultants, and vendors.
- Perform ad-hoc reports as needed and lead the administration of the open enrollment process.
- Accurately report payroll and benefit expenses to accounting on a semi-monthly general ledger interface and perform monthly reconciliation of all payroll and benefit accounts.
- Conduct new employee orientation and assist with new hire onboarding, preparing and conducting presentations on payroll and benefits programs and procedures.
- Maintain all employee payroll and benefits files and supporting documentation, respond to audit reviews and inquiries, and develop and maintain all payroll, benefits procedures.
- Bachelor's degree with a focus in Business Administration or Accounting is a plus, or equivalent work experience.
- Minimum of three years of payroll processing experience in a medium- or large-sized organization.
- Experience with Workday HRMS required.
- Three years of benefit administration experience highly preferred.
- Experience in accounting (general ledger reconciliations, benefit invoicing and reconciliations, etc.) is a plus.
- Knowledge of tax laws and regulatory compliance, including HIPAA and FMLA; ACA compliance.
- Strong written and verbal communication skills.
- Strong interpersonal and customer service skills.
- Detailed-oriented and the ability to multitask.
- Strong analytical skills with the ability to solve routine and complex problems.
- Proficiency with Microsoft Office applications.
The Federal Home Loan Bank of Pittsburgh is an equal employment opportunity employer and complies with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.
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