Scope The Benefits and Payroll Analyst is responsible for the administration of a multi-state payroll, including weekly, bi-weekly, semi-monthly, and monthly pay frequencies. Administration of union and non-union benefit plans, including health and welfare, defined benefit, and defined contribution plans. Responsible to ensure corporate compliance at both federal and state level for benefit and payroll administration.
Location: Corporate, East Walpole
Reports to: Compensation & Benefits Manager
Responsibilities
35% Retirement Plan Administration
Responsible for administration and communication of Defined Benefit (pension) and Defined Contribution (401k) plans. Includes enrollment, DC fund transfers, DB pension plan payments, and assisting in plan audits, non-discrimination testing, and 5500 preparation.
Responsible for accurate and timely calculation and processing of union and non-union pension payments for normal, early, and disability retirements, as well as processing of deferred vested pensions.
Interface with trustees to ensure timely and accurate processing of contributions and disbursements.
Perform monthly trust reconciliation and resolve data inaccuracies.
35% Health & Welfare Plan Administration
Administer, analyze, and evaluate union and non-union benefit programs including medical, dental, vision, leave of absence, life/AD&D, long and short-term disability, Flexible Spending Accounts, auto/home owners, legal plan, EAP, and tuition reimbursement.
Participate in the benefit plan renewal, redesign, and implementation process.
Conduct on-going analysis of benefit plan expenses, pay premiums, and monitor benefits budget.
Perform audits of vendors, Oracle and ADP systems to ensure data integrity.
Administer and coordinate open enrollment with remote locations.
30% Payroll Administration
Process, audit, and transmit multi-state weekly, bi-weekly, semi-monthly, and monthly payrolls in an accurate and timely manner ensuring integrity of data.
Update and maintain employee records in ADP including new hires, rehires, transfers, terminations, and changes to status, job, salary, taxes, and direct deposit.
Interface with external international tax advisor to administer expatriate compensation and taxation, including hypothetical tax calculations, housing, and goods and services allowance.
Ensure accurate calculation and entry of hours worked, adjustments, wage garnishments, and bonus payments.
Partner with accounting to identify and resolve data discrepancies and ensure general ledger file accuracy.
Maintain ADP and Reportsmith system and provides training and leadership to remote locations.
Constantly look to improve internal controls and automate system capabilities.
Qualifications
Bachelor’s degree or equivalent experience
6+ years of experience in benefits, payroll, and HR
High proficiency with ADP, Reportsmith, and Excel
Advanced knowledge of benefit plans and regulations (i.e. ERISA, DOL, etc.)
Advanced analytical and problem-solving capabilities
Ability to work with limited supervision
Ability to interact with all levels of the organization.
For more information, contact Dodie Kostecki
Hollingsworth & Vose
E-mail: [email protected]
