HR Operations - Payroll & Benefits

New York, New York Permanent USD130,000 - USD160,000 per year
  • Huge growth opportunity with great team!
  • Stability and strong company culture!

About Our Client

A leading global asset management firm dedicated to delivering innovative investment solutions to clients worldwide. With a commitment to excellence and a focus on fostering a diverse and inclusive workplace culture, they strive to attract top talent to drive our success and the success of our clients.

Job Description

  1. Payroll Administration:
    • Process payroll for employees accurately and timely, ensuring compliance with local, state, and international regulations.
    • Maintain payroll records and data integrity, including salaries, deductions, and employee classifications.
    • Address and resolve payroll-related inquiries from employees and external stakeholders.
    • Collaborate with finance and accounting teams to reconcile payroll transactions and ensure accuracy in financial reporting.

  2. Benefits Management:
    • Administer employee benefits programs, including health insurance, retirement plans, and other welfare benefits.
    • Coordinate open enrollment activities and communicate benefit changes to employees.
    • Serve as the primary point of contact for benefits-related inquiries and issue resolution.
    • Liaise with benefit providers and vendors to ensure seamless delivery of services and resolve any issues that may arise.

  3. Compliance and Reporting:
    • Stay informed about changes in relevant employment laws, regulations, and industry best practices related to payroll and benefits.
    • Ensure compliance with tax regulations, reporting requirements, and statutory obligations in all jurisdictions where the company operates.
    • Generate regular reports and metrics related to payroll and benefits administration for internal stakeholders and regulatory agencies.

  4. Process Improvement:
    • Identify opportunities to streamline payroll and benefits processes, improve efficiency, and enhance the employee experience.
    • Collaborate with cross-functional teams to implement process improvements and system enhancements.
    • Participate in HR projects and initiatives aimed at optimizing HR operations and driving organizational effectiveness.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
  • 5-8 years of progressive experience in HR operations, with a focus on payroll and benefits administration, preferably in the financial services or asset management industry.
  • Strong understanding of payroll processing principles, tax regulations, and compliance requirements in multiple jurisdictions.
  • Experience with HRIS and payroll systems (e.g., ADP, Workday, SAP) and proficiency in MS Excel for data analysis and reporting.
  • Excellent communication skills, with the ability to effectively communicate complex information to diverse audiences.
  • Detail-oriented with a high degree of accuracy and a commitment to maintaining confidentiality.
  • Proven ability to work independently, prioritize tasks, and manage multiple deadlines in a fast-paced environment.
  • SHRM-CP, CPP, or other relevant HR certifications are a plus.

What's on Offer

  • Competitive salary commensurate with experience.
  • Annual performance based bonus.
  • Comprehensive benefits package, including health insurance, retirement plans, and wellness programs.
  • Opportunities for professional development and career advancement within a global organization.
  • A supportive and inclusive work environment that values diversity and fosters collaboration.
Sterling Freeman
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Job summary

Human Resources
Sub Sector
Compensation & Benefits
Financial Services
New York
Contract Type
Consultant name
Sterling Freeman
Job Reference