Payroll Specialist

Cobalt Recruitment
New York, NY Full Time
POSTED ON 10/10/2024 CLOSED ON 10/31/2024

What are the responsibilities and job description for the Payroll Specialist position at Cobalt Recruitment?

A growing global advisory firm is looking to add an additional Payroll Analyst to their Finance team. In this role, the payroll analyst will be assigned day to day tasks to be completed within ADP. The payroll analyst will be responsible for payroll processing, compliance, and benefit reconciliations.


Key Responsibilities:

  • Manage ADP Onboarding Wizard
  • Send welcome email for all pre-hires/secondees, prompting completion of ADP Onboarding Tasks
  • Complete new hire employee profile in ADP
  • Enter new hire employee profile in SAGE
  • Ensure employees have elected non-paper options and follow-up accordingly
  • Digital dissemination of W-2’s and paystubs
  • Prepare department salary report
  • Prepare monthly consolidated payroll reports
  • Update direct deposit details in our accounting system for new hires
  • Reconcile FSA and HSA transactions
  • Manage all payroll tax communications by scanning/uploading to ADP Smart Compliance
  • Review response packages and follow up as needed
  • Provide support for payroll and benefit-related audit inquires
  • Reconciliation and processing of all monthly benefit invoices to submit to AP team, including STD, LTD, UHC, Dental, MetLaw, UNUM and NYPFL.
  • Support the Finance and People teams on ad hoc projects


Qualifications:

  • 1-5 years of payroll experience
  • Understanding of reconciliations
  • Ability to handle confidential and sensitive information with the utmost discretion
  • Excellent communication skills (written and verbal)
  • Ability to multitask and manage in a deadline driven environment

Salary : $70,000 - $80,000

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