Payroll and Benefits Advisor - 12 Month Temporary Role
Schroders · New York, NY · 1 wk ago
Business Development$45–$55/hrFull-time
Responsibilities
- Administer employee benefits programs, including medical, dental, vision, life, disability, retirement, and wellness plans.
- Manage benefit enrollments, qualifying life events, terminations, and annual open enrollment activities through ADP.
- Serve as a primary point of contact for employee questions related to payroll, benefits, deductions, and leave programs.
- Cook up coordination with benefits carriers, brokers, and third-party vendors to ensure accurate eligibility, enrollment, and billing.
- Reconcile benefit invoices and payroll deductions and resolve discrepancies with vendors and internal stakeholders.
- Support compliance requirements related to payroll taxes, wage and hour regulations, ACA, COBRA, retirement plans, and applicable federal and state laws.
- Prepare payroll and benefits reports, reconciliations, and supporting documentation for audits and internal reporting.
- Review and audit payroll data to ensure accuracy, compliance, and adherence to established controls.
- Investigate and resolve payroll discrepancies, employee inquiries, and payroll-related issues.
- Partner effectively with internal stakeholders including Finance, People & Culture Operations, Compensation, as well as external providers.
- Identify process improvements to enhance efficiency, accuracy, controls, and the employee experience.
- Support People & Culture initiatives, system enhancements, and projects as needed.
- Maintain employee payroll and benefits records, ensuring data integrity across HR and payroll systems.
- Support the administration and promotion of employee well-being and wellness initiatives, including wellness campaigns, employee education programs, vendor partnerships, communications, and engagement activities designed to enhance the overall employee experience.
Requirements
- 3–5 years of experience in payroll and benefits administration.
- Hands-on experience processing payroll.
- Strong working knowledge of multi-state payroll practices, payroll taxes, and benefits administration.
- Experience administering employee benefit programs, including health and welfare, retirement, and leave-related programs.
- Strong understanding of payroll controls, compliance requirements, and confidentiality standards.
- Advanced proficiency in Microsoft Excel and experience generating reports.
- Proficiency in other Microsoft applications, including Outlook, Word, and PowerPoint.
- Exceptional attention to detail with strong analytical and problem-solving skills.
- Able to manage multiple priorities and meet strict deadlines.
- Excellent communication, and interpersonal skills.
- Able to work independently while collaborating effectively with internal and external partners.
- Financial services or professional services experience preferred.