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Liberty Bank - CT · 10 hours ago

Senior Payroll Analyst

Middletown, CT

Full-time

Onsite

Senior Level

5+ years exp

Liberty Bank is a socially responsible institution that invests in its teammates and communities. The Senior Payroll Analyst is responsible for the preparation and processing of bi-weekly payroll and associated tasks, while also supporting the HR budget and performance review processes.

BankingFinancial Services

Responsibilities

Supports all tasks associated with the timely preparation and processing of the Bank’s bi-weekly payroll processing; payout of incentives, commissions, special monthly payroll, and other bonus/stipends

Completing tasks and audits as outlined in the Payroll Processing Manual and Payroll Processing Checklist; including balancing, payroll taxes, uploading files to vendors, completing G/L ‘tickets’, and G/L interface file

Performs the calculation and processing of ‘off cycle’ pays for corrections, terminations, and special requests

Maintain the GL account mapping of payroll expenses and liabilities and reconcile monthly. Ensure that all payroll wages and deductions are properly set up to comply with federal and state tax regulations and FLSA overtime calculations. Compile and report workforce data as required by state and federal agencies

Supports the bank’s HR budget process, maintaining the budget database, creation of worksheets for distribution to collect budget data, entry of budget data, running reports, and analyzing data

Provides support for the Bank’s Annual Performance Review processes. Ensure that all employees are assigned to the appropriate manager and assist managers as needed throughout the process. Process bonus payroll annually to include: EPIP, Discretionary EPIP, SLIP, CIP and RSIP

Responsible for assisting with writing policies, procedures, and training materials

Other duties as assigned

Qualification

Payroll processingHCM systemFederal labor lawsState labor lawsMicrosoft ExcelAnalytical skillsCommunication skillsOrganizational skills

Required

Bachelor's degree in Human Resources Management preferred or equivalent work experience

Minimum of 5 years of experience processing payroll using an HCM system as well as general knowledge of state and federal labor laws, tax regulations and tax reporting

Strong written and verbal communication skills

Proficiency in Microsoft Excel (PivotTables, VLOOKUP/XLOOKUP, advanced formulas, etc)

Proven analytical and critical thinking skills

Strong organizational skills