What are the responsibilities and job description for the Payroll and Benefits Specialist position at CFS?
Ready to own payroll for a growing banking team where your expertise directly impacts employee experience? CFS has partnered with a bank in finding a Payroll and Benefits Specialist to join their team in Cambridge, MA.
Job Title: Payroll & Benefits Specialist
Location: Cambridge, MA
Salary: $65,000 - $80,000
Why This Opportunity Stands Out
Job Title: Payroll & Benefits Specialist
Location: Cambridge, MA
Salary: $65,000 - $80,000
Why This Opportunity Stands Out
- Take full ownership of payroll for ~150 employees — real impact, not just support work
- Work within a stable, reputable banking environment in the Cambridge market
- Gain hands-on experience with bonus, commission, and incentive compensation structures
- Utilize and deepen expertise in ADP Workforce Now
- High visibility role interacting across finance and HR teams
- Opportunity to streamline processes and improve payroll operations
- Consistent, fully onsite environment with strong team collaboration
- Clear opportunity to build advanced payroll and compensation expertise
- Manage full-cycle payroll for approximately 150 employees
- Process monthly bonuses, commissions, and incentive payments
- Maintain payroll accuracy, compliance, and reporting
- Support benefits administration as needed
- Partner with HR and finance on payroll-related matters
- 3 years of payroll experience
- Experience with ADP Workforce Now preferred
- Experience handling bonus, commission, or incentive payroll
- Strong knowledge of payroll processes and compliance
Salary : $65,000 - $80,000