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Compensation and Benefits Coordinator
3 months ago
Key Responsibilities
Payroll Management
1. Uphold the confidentiality and security of all payroll-related data consistently.
2. Process payroll for both hourly and salaried personnel on a bi-weekly schedule. Oversee the collection of payroll inputs and submit them to the payroll processing system. Verify the accuracy of the processed payroll, issue payment checks, and prepare all relevant payroll accounting entries.
3. Update the Payroll and Time & Attendance systems by entering modifications in exemptions, insurance selections, retirement savings plan contributions, job titles, shifts, departmental transfers, and employment status changes.
4. Ensure proper accrual and disbursement of vacation pay.
5. Address and resolve any payroll discrepancies.
6. Maintain comprehensive records of employee payroll information.
7. Timely remit all mandatory payments, including taxes, employment health tax, garnishments, and workplace safety insurance contributions.
8. Provide necessary documentation to regulatory bodies upon request. Prepare annual tax forms and reports required by government agencies, ensuring compliance with all relevant legislation.
9. Reconcile payroll accounts in the general ledger and conduct analysis of payroll-related accounts.
10. Monitor employee contributions for optional life insurance, voluntary accidental death and dismemberment, and long-term disability premiums, resolving any discrepancies as needed.
Benefits Administration
1. Maintain accurate records for all employee benefits, ensuring data entry is performed as required and that all necessary documentation is processed.
2. Confirm that benefit start dates align with the conclusion of the probationary period as stated in the employment offer.
3. Provide bi-weekly reports to the benefits provider regarding retirement savings plans.
4. Follow the guidelines established in the Employee Handbook.
Qualifications: High School diploma with completion of relevant post-secondary courses in Accounting, Payroll, or Finance.
Experience: 3 to 5 years of experience in payroll and benefits administration within a manufacturing context, demonstrating proficiency in payroll software and Microsoft Office applications.
