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Payroll and Benefits Specialist
3 days ago
This position is full time in their Downtown Montreal office for the first 3 months but will turn hybrid after training.
Your new company:
Hays Specialist Recruitment has partnered with a financial services organization based in Montreal, QC. We are looking to hire a Bilingual Pension and Benefits Specialist to join their team on a permanent basis.
Your New Role:
As a Bilingual Payroll and Benefits Specialist, you will play a pivotal role in ensuring that our most valuable assets, our employees, receive timely compensation and understand the
benefits available to them. This position requires a combination of technical proficiency, attention to detail, and strong interpersonal skills to effectively manage the payroll and benefits
administration processes.
- Process bi-weekly/monthly payroll for all bank employees, ensuring accuracy and compliance with bank policies and federal, state, and local regulations.
- Reconcile payroll data and resolve any discrepancies.
- Handle payroll tax submissions, filings, and year-end W-2 processing.
- Collaborate with the HR department to ensure new hires, terminations, and other changes are accurately reflected in the payroll system.
- Manage the day-to-day operations of group benefits programs (group health, dental, vision, short-term and long-term disability, worker's compensation, life insurance, travel and
- accident plan, flexible spending plan, retirement plans, etc.).
- Coordinate and conduct the benefits enrollment for new employees and during the annual open enrollment period.
- Ensure benefits changes are entered appropriately in the payroll system for payroll deduction.
- Liaise with benefit providers to resolve any issues related to claims, enrollments, or other concerns.
- Maintain knowledge of trends, best practices, regulatory changes, and new technologies in human resources, talent management, and employment law to ensure the bank's
- compliance.
Requirements:
- Bilingual fluency, both French and English proficiency
- Bachelor's degree in Finance, HR, or related field.
- 3-5 years of experience in payroll and benefits administration, preferably within the banking sector.
- Knowledge of payroll software (ADP is preferred, but please share what system(s) you've used)
- Familiarity with bank industry regulations and standards.
- Exceptional analytical and problem-solving skills.
- Excellent interpersonal and communication skills
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