What are the responsibilities and job description for the Payroll & Retirement Analyst position at All Pro Recruiting (APR)?
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.