Payroll Specialist

Location: New York, NY, United States

Date Posted: Oct 17, 2025

Description

Payroll Specialist - Alvarez & Marsal, Inc

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

This is a full-time position based in our New York office. In this position you will be part of a US team, consisting of colleagues who manage payroll for the US and the United Kingdom (UK). Your knowledge and experience of payroll and customer service will make a difference to the professionals we serve and the cross-functional teams we partner with.

How you will contribute

• Responsible for the processing of semi-monthly and monthly multi-state US and global payroll (UK) for multiple payroll companies within A&M Inc.
• Audit and verifying the validity of information submitted by management and corporate HR
• Provide exceptional client experience through strong customer service in response to inquiries from employees, internal departments and outside vendors related to payroll inquiries within a timely manner.
• Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages
• Assist with all Payroll, Absence and Time Tracking & testing as needed.
• Updates payroll records by entering changes in employee W4 and state tax exemptions and filing status. Maintain 401k deductions and other voluntary employee deductions.
• Upload the export files into the GL and reconcile with debits from bank accounts.
• Actively engage and adapt to various technological enhancements with the goal of driving greater efficiencies and automation.

Key Skills and Competencies

• Strong attention to detail, excellent problem-solving skills, and the ability to thrive in a high volume and fast paced environment.
• Excellent communication and prioritization skills along with the ability to identify and present process improvements.
• Must be able to handle confidential information and issues effectively and without breach of confidentiality.

Qualifications

• 2+ years of experience in payroll for the US, multi-State and multi-entity payroll operations, with a strong understanding of HR & Payroll related issues.
• Proficiency with ADP Total Source, Yardi, and/or Oracle.
• Associate/bachelor's degree in business, Accounting or equivalent experience.
• Must have intermediate Excel (Pivot, VLOOKUP, Formulas).
• Proactive approach towards issues.
• Ability to take ownership of payroll processes and reconciliation.
• Must be highly organized and detail oriented.

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type.

The salary range is $75,000 - $80,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.

A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

It is Alvarez & Marsal's practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. .

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.