Compensation Specialist

2 weeks ago

nashik, India beBeePayroll Full time

Job OpportunityThis is a challenging role that requires the ability to oversee payroll processing for salaried and hourly employees, ensuring accuracy and compliance with all applicable laws and regulations.Key Responsibilities:Manage multi-state payroll administration, including data updates related to compensation, benefits, and employment status changes.Respond promptly to payroll inquiries, resolving discrepancies professionally and maintaining relevant resources.Partner with HR Service Delivery teams on employee data management and payroll coordination.Prepare, reconcile, and submit accurate tax filings (941, state/local) and lead year-end processes, including W-2 and 1095-C coordination.Reconcile payroll general ledger entries, support month-end close, financial reporting, and internal/external audits.Maintain and audit HR and payroll records to ensure accuracy and compliance with EEO, FMLA, COBRA, and other employment regulations.Document and maintain payroll procedures to meet internal controls and audit standards.Stay current with employment and payroll laws, ensuring company policies remain compliant.Contribute to HR-related projects and initiatives, including technology implementations, process improvements, and compliance reviews.Develop and analyze HR and payroll metrics, data, and trends to support leadership decision-making.Identify opportunities for process improvement and recommend solutions aligned with best practices and regulatory standards.Assist with HR system enhancements and integrations.Maintain confidentiality and data privacy in handling payroll and employee information.Support additional HR lifecycle projects as needed.Qualifications and Skills:Hold a Bachelor's degree in Human Resources Management, Business Administration, Accounting, or a related field.Possess five or more years of payroll experience, with a focus on payroll administration and benefits coordination.Demonstrate experience managing multi-state payroll in a professional services or high-growth environment; supporting 1,000+ employees preferred.Have a strong understanding of payroll laws and regulations, including FMLA, COBRA, and state/local payroll compliance.Experience with payroll GL reconciliations, audits, and year-end processing.Proficiency with MS Office Suite, specifically intermediate to advanced Excel skills (e.g., VLOOKUP, pivot tables).Excellent analytical and problem-solving skills, able to interpret and present data clearly.Strong communication and interpersonal skills, able to work collaboratively with all levels of the organization.Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment.A self-starter with the ability to work independently and virtually, demonstrating initiative and accountability.Experience with UKG, ADP, or similar payroll systems preferred.HR or payroll certification (e.g., PHR, SHRM-CP, CPP) preferred.

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