ASSOCIATE DIRECTOR, PAYROLL AND BENEFITS MANAGER

About Cresset

Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success.

We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.

Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100 year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.

Overview

Responsibilities:

• Set up and process US payroll for our client entities utilizing Paychex and other payroll platforms.
• Administer payroll tax and related registrations for various States.
• Assist in managing client 401(k) plans: helping with setting up the plans, reviewing quarterly and year-end employer match true-up, payroll reporting and submission, audits, and all regulatory requirements.
• Fulfill all governmental regulatory mandates and ensure all associated filings are executed on time and as required. Generate files/reports such as the annual non-discrimination testing, annual reports, etc.
• Assist in designing benefits programs for clients including health insurance, fringe benefits, and cafeteria plans.
• Assist in administering annual benefits open enrollment period for clients.
• Assist in managing ongoing, quarterly, and year-end reporting (taxes, payroll, Workers Comp, etc.) for clients.
• Keep current and conduct research on the latest payroll and benefits regulations and market trend.

Qualifications:

• Extensive experience in payroll administration and dealing with state tax requirements. Hands-on experience with multiple payrolls in multiple states including manual processing.
• Deep understanding in various benefits programs and hands-on experience in setting up and administering benefits.
• Experience in setting up and administering retirement plans. Deep understanding of different types of employee retirement plans and legal requirements.
• Strong written and verbal communications skills.
• Strong organizational skills and ability to complete multiple tasks and a high volume of work by established deadlines.
• Self-starter who can work independently and is a collaborative team player.
• Experience with HRIS systems and computer software applications including Excel, Word, payroll, benefits, time & attendance, etc.
• Broad knowledge of general Human Resources principles, policies, and procedures and multi-state experience.

What We Offer:

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

*Disclosures related to awards, recognitions, and rankings available here.

Salary : $120,000 - $130,000