Payroll and Benefits Specialist

Our client, a premier and well established global private alternative investment management firm, is seeking to hire a Payroll and Benefits Specialist based in their NYC office. This role is part of the Human Resources Total Rewards & Operations team and will be the key point of contact for the firm’s US locations. This individual plays a key role in executing all aspects of the payroll and benefit lifecycle for US employees.

The ideal candidate should be deadline driven, committed to excellence and demonstrate sound judgement.

Base pay range: $90,000.00/yr - $/yr

Additional compensation types:
Annual Bonus

LOCATION:

New York, NY (midtown)

HOURS:

8:30am-5:30pm (with general flexibility)

IN OFFICE 4 days with Fridays WFH

COMPANY:
Global Alternative Investment Management Firm

POSITION:
Payroll and Benefits Specialist

• Bachelor's degree:
  Required
• 3+ years of US payroll and benefit administration experience
• ADP Workforce Now experience required
• Workday experience required
• Strong verbal and written communication skills; comfortable communicating with senior stakeholders
• Strategic thinker with an execution mindset; willing to set the strategy and execute
• Strong work ethic and self-motivated; ability to set and manage priorities, multi-task and pivot as priorities change
• Analytical rigor and attention to detail; proficient with Microsoft Excel, Word, PowerPoint, Outlook
• Thorough knowledge of local, state, and federal payroll and benefits laws (FMLA, NY PFL, ADA, FLSA, ACA, COBRA, HIPAA, ERISA)
• Ability to handle sensitive information with confidentiality and discretion

• Payroll administration for US semi-monthly payrolls; backup for non-US payrolls; ensure deadlines and procedures are followed
• Process payroll changes, verify payroll data, and produce payroll reconciliations and reporting
• Assist with US payroll audits, 401(k) audits, and Workers’ Compensation audits
• Annual review of forms W-2 and 1095-C
• Support the integrity of HRIS and payroll data
• Benefit administration including remittance reconciliations, processing joiners, leavers, and life-event changes; ensure HRIS is up to date
• Participate in benefit plan design and recommend changes as appropriate with the Firm’s best interests
• Provide high level customer service to Partners and employees; communicate plan designs; conduct benefit onboarding and offboarding meetings; serve as main point of contact for pay and benefit inquiries
• Leave management including processing claims with carriers and maintaining active disability files to ensure compliance with FMLA and NY PFL rules, policies, and regulations
• Serve as point of contact for third-party payroll, benefit administrators, and benefit brokers
• Stay up to date with legislation affecting payroll and benefits; ensure compliance with laws, regulations, and policies
• Maintain and update intranet content related to payroll and benefits
• Support Wellness program design and vendor management