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Human Resources AVP - Payroll and Benefits

Alpha Global Search LLC • New York, NY

Posted 6 days ago

Job Snapshot

Full-Time
Accounting - Finance, Banking - Financial Services
Human Resources
30

Applicants

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Job Description

International Bank seeks a HR Generalist at AVP level who will be responsible for payroll and benefits.

  • Manage payroll function: supervise the work of payroll personnel, ensure semi-monthly payroll is processed accurately and timely, review payroll funding and deposits.
  • Oversee benefits and employee programs administration: healthcare, disability, life and AD&D, flexible spending account, commuter benefits, 401(k) Plan, workers comp, COBRA, FMLA, etc.
  • Effectively plan, implement, negotiate plans, and renewal premiums in accordance with the Bank's objectives.
  • Ensure adherence to laws and regulations, maintain record keeping of all plans, and manage vendor’s relationships.
  • Handle regulatory reports e.g., 5500 filing, EEO-1, ACA 1094/1095, Non-Discrimination Testing of Plans, etc.
  • Serve as a member and secretary of the 401(k) Plan Fiduciary Committee, handle record keeping of committee minutes, structure, charter, and policy changes.
  • Manage personnel budget projection and actual personnel expense reports.
  • Implement and update policies, procedures, and manuals applicable to payroll and benefits functions.
  • Manage the review and update of HR Group's Key Risk Indicator (KRI) Desktop Procedure and Risk Control Self-Assessment (RCSA) Desk Procedure. Provide monthly report to the manager, participate in business managers meetings and its initiatives. Work with HR Group team to promote, detect, and mitigate risks in the group. Make recommendations as necessary to improve processes and controls. Team lead with the RSCA annual testing and validation processes.

Job Requirements

  • BS/BA Degree. HR Management or related curriculum preferred.
  • 6-8 yearss of work experience in HR field or related area, at least 4 years’ experience in Payroll and Benefits functions, in a similar capacity.
  • Must have supervisory skills and management experience. Has the responsibility to supervise payroll and benefits support team.
  • Proficient in communication skill (verbal/written)
  • Proficient computer skill (MS Word, Excel, PowerPoint, Outlook, Internet Explorer)..
  • Experience with HRIS required e.g. ADP Workforce Now or other payroll system, etc.
  • Collaborative and result oriented.
  • Work experience in banking/financial industry highly desirable

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