Payroll & Benefits Specialist (Finance)
Payroll & Benefits Specialist
Location US-FL-Miami
ID 2025-2279
Category Human Resources
Position Classification Onsite
Overview
The Payroll & Benefits Specialist is responsible for preparing and processing the Bank's semi-monthly payroll and assists with administering the employees' benefit plans.
Responsibilities
This position provides information and support to employees and managers regarding payroll and benefit issues. This position is responsible for performing payroll tasks; such as the weekly time and attendance tasks, including but not limited to, monitoring and requesting employees' time corrections and approvals as needed, time and attendance audits, validating retroactive transactions, preparing time and attendance hours reconciliation, job changes, terminations, processes special payments, garnishments, incentives and/or compensation changes and audits the No Payable Time reports for all pay groups. Processes the bank-wide semi-monthly payroll, maintains payroll reports, uploads the general ledger reports and additional payroll tasks. This position is also responsible for performing Benefits functions such as, enrolling new hires into their respective benefits elections, reviewing Carrier Feeds and clearing errors and corrections as needed, managing Qualifying Events, preparing and entering Benefits changes, reviewing and adjusting payroll deductions as necessary, notifying the Benefits carriers on changes, reconciling 401(k) Employees contributions, processing the 401(k) contribution file and processing COBRA qualifying events. This position performs quarterly tax reconciliations and other necessary audits. It assists with year-end process, annual open enrollment, ACA, and OSHA reporting, In addition, this positon serves as back up for the reception area, and assists with departmental projects and tasks as needed.
Qualifications
- Associate's degree or equivalent in Accounting, Business, Finance, or a related field of study and three (3) years of experience in payroll and/or accounting field; special training related to reconciliations of accounts and/or general ledger is preferred.
- Attention to detail and ability to work under pressure is a must.
- Must be organized and give importance to accuracy and verification; must be able to pay attention to details.
- Must have analytical skills.
- Must possess good verbal and written communication skills, interpersonal and organizational skills.
- Computer knowledgeable in MS Office Software, (Excel, Word, and Outlook, Power Point).
- Customer service driven and ability to work overtime as needed.
- Certification in payroll desirable.
Job Posting Locations
In this role you can work onsite from Miami, Florida, United States
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