Payroll & Benefits Specialist - Waterloo, IA
Job description
The Payroll and Benefits Specialist is responsible for the accurate and timely delivery of payroll, reporting, and benefit administration.
Responsible for payroll processing of semi-monthly and monthly payrolls including base pay, commissions, and bonuses.
Enter, maintain, and ensure accuracy of information in the payroll system including rates of pay, bonuses, electronic time sheets, time off requests, paid leave, earnings, deductions, withholdings and taxes, as well as address and benefit changes.
Develop and maintain strong working knowledge of the HRMS and payroll system, ensuring all updates are configured, tested and implemented timely.
Review and approve employee benefit enrollments for New Hires, Qualifying Life Events and Open Enrollment and submit to benefit partners for processing; ensure accuracy when providing vendors information.
Administer all leave-of-absence requests and disability paperwork: medical, personal, disability and FMLA while ensuring compliance with laws and regulations.
Provide administrative assistance with 401K savings plans by providing information to employees about how to enroll in the plan and make changes to their accounts.
Processes employee terminations related to benefits including COBRA continuation for health, dental, HRA, and FSA plans.
Assists HR team with administrative duties and project resources as assigned.
Represents Lincoln Savings Bank in a positive light in all professional duties. Participates in civic, community, and networking events to cultivate productive relationships for Lincoln Savings Bank.
Performs other duties and responsibilities as defined by Management.
Necessary Skills and Attributes
Effective oral and written communication
Excellent analytical and problem-solving skills
Strong detail orientation
Excellent organizational skills
Associates Degree in Human Resources, Accounting, or Finance
Experience working in Payroll, Accounting, or Finance functions
Familiarity with HR policies and procedures to ensure HRIS and systems meeting organizational needs
Prior knowledge of HRIS Systems, principles and practices
Strong computer skills in a MS Software (Outlook, Excel, Word, PowerPoint) and proven experience with HRIS systems
Experience working in an environment requiring of a high level of confidentiality
2 to 4 years of prior payroll and benefits administration in a regional organization with multiple locations preferred.
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