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Payroll and Benefits Specialist
2 months ago
Job Title: Payroll and Benefits Specialist
Job Summary:
We are seeking a highly skilled Payroll and Benefits Specialist to join our team at Crédit Agricole SA. As a key member of our Human Resources department, you will be responsible for ensuring the accurate and timely processing of payroll and benefits for our employees.
Key Responsibilities:
- Process bi-weekly/monthly payroll for all 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, including 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.
- 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.
- Update and maintain employee personal and payroll information in the system.
- File and archive payroll documentation.
- Assist employees with payroll and benefits queries.
- Set up employee profiles in the payroll system for new hires.
- Coordinate with department heads to verify departmental payroll data.
- Liaise with external payroll providers or software support for system issues.
- Calculate bonuses, overtime, and commission payments.
- Verify and process billing statements from benefits providers.
- Stay updated on federal, state, and local tax, payroll, and benefits regulations.
- Conduct in-depth analyses to identify payroll discrepancies and recommend corrective actions.
- Draft, update, and maintain payroll and benefits policies and documentation.
- Ensure effectiveness and optimization of payroll and benefits systems or software.
- Conduct training sessions for relevant teams on best practices.
- Collaborate with senior management, providing insights and suggestions.
- Ensure compliance with all relevant laws and regulations and manage any related audits.
Requirements:
- Bachelor's degree in Finance, HR, or related field.
- 3-5 years of experience in payroll and benefits administration, preferably within the banking sector.
- Familiarity with bank industry regulations and standards.
- Knowledge of payroll software (ADP is preferred, but please share what system(s) you've used).
- Bilingual fluency in both French and English.
