Sr Compensation Analyst

4 weeks ago

Memphis, United States American Residential Services Full time

Overview

The Senior Compensation Analyst is responsible for assisting the Payroll Management team in ensuring accuracy and timeliness of weekly and semi-monthly payroll processing, while adhering to all federal, multi-state, and local regulations.

Responsibilities

Responsible for participating in the daily payroll processing functions for a large multi-state payroll department. This includes reviewing/verifying payroll documentation and analyzing transactions for completeness, accuracy and compliance with ARS polices, along with government laws and regulations. Assists in the preparation, processing and balancing of weekly and semi-monthly payroll runs to ensure timely and accurate processing, while ensuring that compliance requirements are met and proper controls are followed. Researches and corrects issues found during payroll processing. Processes off-cycle payments, manual checks, voids, stop pays, direct deposit reversals, overpayments, death payments, separation agreements, and payroll adjustments as necessary. Investigates questionable data from branches and takes corrective action, when necessary. Assists team members, branch Payroll/HR, managers/supervisors in answering/resolving payroll related questions or problems. Brings questions/concerns to the attention of Compensation and Compliance Manager. Maintains relationship with pay card vendor. Ensures that vendor maintains branch pay card inventory and replenishments stock when appropriate. Funds special pays, reconciles accounts and maintains acceptable balance. Coordinates and participates in activities supporting payroll related audits and requests of payroll related information from our Legal Department as well as outside agencies. Assists in preparing and processing quarter and year-end annual tax reconciliation, including preparation of employee W-2’s and employer tax returns. Participates in process improvement teams; evaluates current processes and procedures, identify opportunities for improvement, develop new processes / procedures, implement, and assess the impact of change. Conducts audits to validate internal controls to ensure accuracy and compliance with policies, practices, and regulations related to payroll. Other duties as assigned at management’s discretion.

Qualifications

Bachelor’s degree in human resources, accounting, or related field, as well as 5+ years of experience in payroll, HR, or related field are required. Related experience and/or advanced training or any equivalent combination of education and experience may be substituted. Must be computer literate with intermediate to advanced knowledge of Microsoft Office products. This job requires the ability to create and interpret spreadsheets and operate general office machines.

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