Horizon Bank · 6 days ago
Compensation and Payroll Specialist
Michigan City, IN
Full-time
Onsite
Mid LevelHorizon Bank is an organization focused on community growth, seeking a Compensation and Payroll Specialist to ensure timely and accurate payroll for its employees. This role involves overseeing payroll processing, resolving payroll inquiries, and supporting compensation-related projects.
BankingFinancial Services
Hiring Manager
Colin Mahoney
Responsibilities
Oversee bi‑weekly payroll processing and special payroll runs, ensuring adherence to procedures, timely data transmission, and accurate General Ledger postings
Review payroll documentation for bonuses, incentives, and commissions to verify calculation accuracy and required approvals
Research and resolve inquiries from managers and advisors regarding payroll matters, including time‑off balances, tax questions, pay calculations, and system support
Process wage tax filings and corrections, and distribute W‑2s, 1099s, and other annual payroll or compensation forms
Support management with organizational structure initiatives and assist with compensation‑related projects, guidelines, and procedures for annual merit, bonus, and equity planning cycles
Participate in salary surveys and compensation analysis projects
Assist in administering base pay, bonus, incentive, and commission programs
Collaborate with HR Management to ensure the HRIS system aligns with compensation requirements and reflects updates to salary structures, incentive programs, and related changes
Develop and update job descriptions and support the determination of appropriate salary ranges in partnership with compensation consultants
Prepare management and accounting reports as needed
Ensure timely processing of departmental invoices and maintain an up‑to‑date budget file
Support compensation integration activities for mergers and acquisitions
Respond to and assist with internal and external audit requests
Complete special projects as assigned, including ad‑hoc analyses and preparation of observations and recommendations
Identify opportunities to improve processes and maintain updated procedures and SOPs in response to software, program, or regulatory changes
Perform other duties as assigned
Qualification
Required
Experience in payroll processing, particularly multi-state bi-weekly payroll
Detail-oriented with a focus on accuracy in payroll documentation and calculations
Ability to research and resolve payroll inquiries from managers and advisors
Experience with wage tax filings and corrections, and distribution of W-2s and 1099s
Knowledge of compensation-related projects, guidelines, and procedures
Experience in participating in salary surveys and compensation analysis projects
Ability to collaborate with HR Management on HRIS system alignment with compensation requirements
Experience in developing and updating job descriptions and determining salary ranges
Ability to prepare management and accounting reports
Experience in processing departmental invoices and maintaining budget files
Ability to support compensation integration activities for mergers and acquisitions
Experience in responding to internal and external audit requests
Ability to complete special projects and ad-hoc analyses
Ability to identify opportunities to improve processes and maintain updated procedures
Company
Horizon Bank
Horizon is a community bank serving Northern and Central Indiana and Southwest Michigan.
Founded in 1873
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$203.5M2025-08-29Post Ipo Debt· $100M
2025-08-21Post Ipo Equity· $103.5M
2001-12-17IPO
Leadership Team
Thomas Prame
Chief Executive Officer
John R. Stewart
Executive Vice President and Chief Financial Officer
Recent News
Horizon Bancorp, Inc.
2025-10-24
Horizon Bancorp, Inc.
2025-10-15
Company data provided by crunchbase