The Payroll & Retirement Plans Analyst is responsible for preparing payroll analyses, monitoring benefits accounting, timely and accurate processing of the Firm's payroll and understanding the Firm's pension and benefit plans.
Position Responsibilities
· Ensures accurate onboarding and payroll setup for all new hires.
· Verifies the accuracy of termination pay and all final payments.
· Administers payroll taxes in compliance with applicable regulations.
· Reviews employee time cards for accuracy and completeness.
· Assists in payroll preparation to ensure timely and precise processing of all payroll transactions, including salaries, overtime, benefits, garnishments, taxes and other deductions.
· Oversees the accurate entry and administration of leave of absence tracking and related payments.
· Prepares analyses of payroll transactions, employee demographics, and insurance data.
· Prepares and analyses general ledger transactions related to payroll.
· Assists with the processing of changes to pension contributions.
· Prepares monthly payments to benefits providers and reconciles invoices by verifying headcounts and enrollments.
· Prepares and tracks insurance payments for unit partners.
· Serves as a resource to employees, providing guidance and resolving payroll-related inquiries.
· Assists with annual audits.
· Reviews and approves cellular device and credit card fee payments for partners and employees.
· Prepares ad hoc payroll reporting and analyses as required.
· Maintains up-to-date knowledge of payroll regulations and reporting requirements, including multi-state payroll compliance.
· Identifies and implements process improvements in collaboration with Payroll, HR, and Finance teams.
· Maintains strict confidentiality of the Firm's client information, as well as internal and personnel affairs.
· Builds relationships and fosters collaboration with internal clients across practice groups and management.
· Demonstrates flexibility and willingness to work varied hours to accomplish the Firm's needs.
· Additional duties as assigned.
KEY COMPETENCIES
Must be well versed in Excel, utilizing VLOOKUPs and formulae. Must prioritize detail and accuracy and have a customer first mentality. Must be versatile.