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Payroll Benefits Manager

Stamford, Connecticut
Payroll Benefits Manager for Immediate Hire!

Role Description
The Payroll & Benefits Manager is responsible for all elements of timely preparation and accurate processing of LMC’s semi-monthly payroll and includes new hire and separation processing; retroactive payments; leave of absence payments; compensation changes; bonuses; commissions; and deductions. The Payroll & Benefits Manager role implements payroll initiatives and projects which requires strong technical and communication skills and the ability to simultaneously manage tasks to meet established standards and deadlines. This Payroll & Benefits Manager will partner with various business units including Accounting, Human Resources, and Sales to achieve these goals, and will work with a seasoned, high caliber team with diverse experiences.
General Responsibilities
  • Execute timely and accurate processing of semi-monthly payroll and direct deposits for approximately 200 employees in multiple states
  • Process supplemental payroll and any out of sequence checks such as separations and corrections
  • Audit timecards for accuracy and approvals and resolve timecard questions
  • Prepare, review and file quarterly/annual payroll tax reports and W2s
  • Ensure all local, state and federal governmental requirements are met, such as  taxes and withholdings
  • Respond to auditors’ requests related to payroll and assist with annual financial, Workers Comp and 401K audits
  • Respond timely to payroll requests and resolve employee issues, including wage garnishments, EDD questionnaires, verifications of employment
  • Manage 401K activities and interact directly with the 401K provider to ensure proper handling of employees’ enrollment, loans, repayments, distributions, rollovers, and payroll contributions; provide yearly census and compliance testing to 401K provider; assist with year-end filing of Form 5500
  • Identify and implement process modifications based on changes in rules, regulations, emerging issues and trends
  • Update/revise policies and procedures related to payroll processing as needed
Preferred Qualifications
  • Bachelor’s degree or equivalent combination of education and experience
  • 5-8 years of experience processing multi-state payrolls
  • Experience in the mortgage industry a plus
  • HRIS knowledge required
  • Proficient in payroll software
  • Strong verbal and written communication skills, including ability to clearly and effectively communicate information to internal and external audiences
  • Strong sense of urgency and ability to handle a high volume of data with confidentiality, accuracy and discretion

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