Sr. Payroll Specialist
Cboe Global Markets · Chicago, IL · 1 mo ago
HybridHuman ResourcesFull-time
About the role
The Senior Payroll Specialist plays a critical role in supporting the accurate and timely processing of payroll for a multi-state employee population of more than 1,000 employees, while also assisting with international payroll activities.
Responsibilities
- Payroll Administration
- Prepare and process semi-monthly payroll for 1,000+ employees located across multiple states, including salaried and hourly populations.
- Ensure payroll data is accurately processed, including earnings, taxes, bonuses, deductions, and other compensation elements.
- Review and audit payroll-related administrative changes for accuracy and compliance.
- Run retroactive payroll calculations and maintain supporting reports and documentation.
- Aid in international payroll administration and related reporting activities.
- Run retroactive payroll calculations and maintain supporting reports and documentation.
- Review and audit payroll-related administrative changes for accuracy and compliance.
- Ensure payroll data is accurately processed, including earnings, taxes, bonuses, deductions, and other compensation elements.
- Prepare and process semi-monthly payroll for 1,000+ employees located across multiple states, including salaried and hourly populations.
- Analyze and audit 401(k) deferral and loan files to ensure accuracy and compliance.
- Reconcile payroll discrepancies and resolve issues in a timely and accurate manner.
- Prepare and review payroll audit reports, including transportation benefits, lunch gross-up programs, remote work stipends, and other payroll-related payments.
- Analyze Employee Stock Purchase Plan (ESPP) contributions and prepare reporting summaries.
- Prepare and review payroll audit reports, including transportation benefits, lunch gross-up programs, remote work stipends, and other payroll-related payments.
- Reconcile payroll discrepancies and resolve issues in a timely and accurate manner.
- Maintain payroll records related to earnings, deductions, taxes, and other payroll transactions in accordance with company policies and legal requirements.
- Ensure compliance with federal, state, local, and applicable international payroll regulations.
- Participate in payroll process improvement initiatives and recommend opportunities to increase efficiency and strengthen controls.
- Support payroll system testing, enhancements, and upgrades, including Workday-related projects.
Requirements
- Minimum of 5 years of payroll experience in a multi-state environment required.
- Experience processing payroll for 1,000+ employees.
- Fundamental Payroll Certification (FPC) or Certified Payroll Professional (CPP) designation preferred.
- Hands-on experience with Workday Payroll preferred.
- Proven proficiency in Microsoft Excel, including data analysis, reconciliations, pivot tables, VLOOKUP/XLOOKUP, and reporting.
- Experience calculating and auditing gross-up payments.
- Experience working in a SOX-controlled or publicly traded company environment.
- Strong understanding of payroll accounting, payroll taxes, and compliance requirements.
- Strong attention to detail and commitment to accuracy.
- Demonstrated strong work ethic and sense of accountability.
- Ability to work independently and as part of a team in a steady, fast-paced environment to consistently deliver results and meet deadlines.
- Excellent analytical, organizational, problem-solving, and communication skills.
- Ability to maintain confidentiality and exercise discretion when handling sensitive employee information.