Payroll Specialist
3 days ago
About Us
American Exchange Group is an industry leader in fashion accessory products and brand management. By facilitating distribution to major retailers internationally for their globally recognized brands, custom private label brands, and exclusive licensed brands-including footwear, tech wearables, watches, jewelry, handbags, fashion accessories, home, and beauty-American Exchange Group raises the bar by disrupting the status quo with value and quality, while staying at the forefront of trends.
Joining American Exchange Group means being part of a dynamic and diverse team where your contributions drive real impact-and where there's always room to grow. If you're looking to be part of a company that blends heritage with hustle, we're excited to meet you.
Visit our website at www.axnygroup.com
Job Title: Payroll Specialist
Location: Full time at our NYC HQ, but training in Somerset, NJ (Onsite)
Reports To: Payroll Manager
Position Overview
American Exchange Group is seeking a detail-oriented and experienced Payroll Specialist to manage payroll processing across multiple company entities. This role will ensure accurate and timely payroll execution, compliance with federal and state regulations, and seamless integration with HR and Finance. The ideal candidate is highly organized, thrives in a fast-paced environment, and has experience handling complex, multi-entity payroll cycles.
Key Responsibilities
- Process bi-weekly and/or semi-monthly payroll for multiple entities, ensuring accuracy, timeliness, and compliance.
- Maintain payroll records, employee data, and ensure proper documentation for new hires, terminations, and status changes.
- Collaborate with HR and Finance to reconcile payroll, benefits, and deductions.
- Manage multi-state payroll requirements, including tax filings, wage garnishments, and compliance with local labor laws.
- Respond to employee inquiries regarding pay, timekeeping, and deductions with professionalism and confidentiality.
- Prepare and distribute payroll reports for leadership and finance teams.
- Partner with external vendors (e.g., BambooHR, Paychex, or other systems) to troubleshoot issues and improve payroll processes.
- Support year-end payroll activities, including W-2s, audits, and reconciliations.
- Identify and implement process improvements to drive efficiency and accuracy.
- Bachelor's degree in Accounting, Finance, HR, or related field (or equivalent experience).
- Minimum of 1-3 years of payroll processing experience, preferably in the fashion or wholesale industry.
- Strong knowledge of federal, state, and local payroll regulations.
- Experience managing 401k and health benefits preferred.
- Proficiency in payroll/HRIS systems (ADP, BambooHR, Paychex, or similar).
- Strong analytical skills and attention to detail.
- Excellent communication and organizational skills.
- Ability to handle confidential information with discretion.
- Comprehensive Health & Wellness Benefits, including medical, dental, vision, and supplemental insurance
- 401(k) Retirement Savings Plan with company match
- Generous Paid Time Off (PTO) and paid holidays
- Half Day Fridays with shortened hours during both Summer and Winter seasons
- Health Savings Account (HSA)
- Flexible Spending Account (FSA)
- Tax-free commuter benefits
- Exclusive employee merchandise discounts
Salary: The anticipated base salary is $65k annually. Actual compensation will be determined based on a variety of factors including, but not limited to, experience, skills, education, internal equity, and location.
This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position's activities and requirements, management reserves the right to modify, add or remove duties as necessary. The compensation package is dependent on a number of factors, including, for example, experience, education, market data, and business needs.
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