What are the responsibilities and job description for the Payroll and Benefits Coordinator position at Lfp Consulting?
Working at Legacy Financial Partners is more than a job; it means having the opportunity to make a difference in the lives of our clients and the communities we serve. Our team is made of a diverse group grounded by core values: Service, Leadership, integrity, Community and Excellence. We feel strongly that creating an extraordinary client experience begins with extraordinary office culture. Joining Legacy Financial Partners comes with benefits to support you in your professional and personal journey.
We offer our team:
- Learning Development: leadership development programs and goal setting create big possibilities for your career and life. Develop within the company; be mentored and grow as a leader
- Innovation: be involved in creating solutions to workplace challenges regardless of your role and be empowered to have a voice and leadership
- Teamwork: experience what being a part of the Legacy Financial Partners family feels like. Be inspired, encouraged, and cheered on by your teammates while being supported in your life
- Competitive Pay
- Comprehensive Benefits Package: Medical, Dental, Vision, Employer HSA Contribution, PTO, Retirement, Clothing, Annual Meeting (team building retreat)
- Collaborative Environment and Innovative Culture
- Education Reimbursement: never quit learning and growing in your career
Payroll and Benefits Coordinator
Summary
The Payroll and Benefits Coordinator is responsible for overseeing employee benefits and compensation programs across multiple states, ensuring compliance with federal and state regulations. This role manages benefit plan administration, compensation strategy, and HR technology to support a diverse workforce. Optional work from home or work out of any of our 27 LFP locations!
Key Responsibilities
Benefits Administration
- Manage health, dental, vision, life insurance, and retirement plans for employees across multiple states
- Coordinate annual open enrollment and communicate benefit changes effectively
- Serve as liaison with insurance carriers and benefit vendors to resolve employee issues
- Ensure compliance with ERISA, ACA, COBRA, and state-specific benefit regulations
Compensation Management
- Develop and maintain salary structures and pay grades across multiple states
- Conduct market analysis and benchmarking to ensure competitive compensation
- Oversee incentive programs and bonus calculations
- Assist with 401(k) management, including contributions, elections, loans, and changes
Multi-State Compliance
- Ensure adherence to wage and hour laws, state-specific leave policies, and tax regulations
- Maintain accurate records for audits and reporting requirements
- File payroll-related tax reports with state agencies on a quarterly and annual basis
HR Technology & Reporting
- Administer HRIS systems for benefits and payroll integration (currently Paycom)
- Generate compensation and benefits reports for leadership and compliance audits
Employee Support
- Provide guidance to employees on benefits enrollment, claims, and compensation questions
- Conduct training sessions on benefits and compensation policies
Vendor & Budget Management
- Negotiate with vendors to optimize benefit offerings and control costs
- Prepare annual benefits budget and monitor expenses
Documentation Management
- Maintain office insurance policies and entity legal documents
- Update and manage the employee handbook
Other Duties
- Perform additional projects and responsibilities as assigned
Skills & Qualifications
- Bachelor’s degree in Human Resources, Business Administration, or a related field
- Minimum 5 years of HR experience with a strong focus on benefits and compensation
- Comprehensive knowledge of multi-state employment laws and benefit regulations
- Solid understanding of accounting principles and financial reporting
- Experience with bookkeeping and financial record management
- Proficiency in HRIS systems and benefits administration platforms, specifically Paycom
- Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, data analysis)
- Exceptional attention to detail and accuracy
- Professional certifications preferred: SHRM-CP
Legacy Financial Partners, which has 27 locations in 6 states, offers customized advice, value based planning, and digital tools to help clients feel more confident and secure in their financial future. Our organization is committed to empowering people to accomplish more. Apply today!