Payroll Analyst

About the role

The Payroll Analyst ensures accurate and timely processing of payroll for employees while maintaining compliance with federal, state, local, and company payroll regulations. This position handles biweekly payroll activities, including transactions and audits, responds to employee inquiries, and maintains payroll records. The role collaborates with Human Resources, Benefits, Finance, and third-party vendors to ensure correct and on-schedule payments. Additionally, the Payroll Analyst supports payroll reporting, tax compliance, and continuous process improvement initiatives.

Responsibilities

• Process biweekly payroll transactions accurately and on time.
• Audit payroll data to ensure accuracy and compliance.
• Respond to employee inquiries regarding payroll matters.
• Maintain and update payroll records.
• Collaborate with Human Resources, Benefits, Finance, and third-party vendors.
• Support payroll reporting and tax compliance efforts.
• Drive continuous process improvement initiatives within payroll operations.

Benefits

• Healthcare Insurance: Eligible employees and their dependents receive healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment. Premiums are subsidized by Synectics.
• Dental Insurance: Eligible employees and their dependents receive a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment.
• Vision Insurance: Eligible employees receive vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment.
• 401(k) Plan: Synectics offers all employees aged 21 or older the opportunity to invest in the 401(k) Plan on the first of the month following at least one calendar year of employment.