Payroll & Compensation Administrator
Qualified Staffing
Job Description P AYROLL AND COMPENSATION ADMINISTRATOR / FINANCIAL SERVICES JOB SUMMARY
The Payroll and Compensation Administrator plays a crucial role in managing end-to-end payroll
processing and compensation analysis for both employee and attorney populations. This position
collaborates closely with the Tax Department and Financial Planning & Analysis group to ensure
accurate financial management and strategic compensation planning. RESPONSIBILITIES
Payroll Management
The Payroll and Compensation Administrator plays a crucial role in managing end-to-end payroll
processing and compensation analysis for both employee and attorney populations. This position
collaborates closely with the Tax Department and Financial Planning & Analysis group to ensure
accurate financial management and strategic compensation planning. RESPONSIBILITIES
Payroll Management
- Manage full-cycle payroll processing for diverse populations including employees and attorney
partners, ensuring compliance with federal, state, and local regulations. - Administer and oversee partner compensation programs including monthly draws, periodic
distributions, and special compensation arrangements. - Process and validate all payroll changes including new hires, terminations, salary adjustments, and benefit deductions with meticulous attention to detail.
- Monitor and maintain partner compensation agreements, ensuring strict compliance with
guaranteed payments and agreed bonus structures. - Execute mid-month contract payments with precision and accuracy.
- Develop and maintain comprehensive audit trails for all payroll transactions and reconciliations.
- Coordinate cross-functionally with Tax, Retirement, Benefits, and Accounts Payable teams to ensure accurate withholdings and proper accounting treatment.
- Ensure compliance with federal and state payroll and compensation laws.
- Create detailed compensation budget and forecasts incorporating headcount plans and
compensation adjustments. Partner with FP&A team to integrate compensation forecasts into overall company budgeting and planning processes. - Prepare monthly variance analysis reports explaining deviations from budget/forecast.
- Analyze historical compensation trends to identify patterns in pay practices, promotion rates, and salary growth.
- Perform routine audits to ensure accuracy between payments, payroll system and general ledger.
- Reconcile tax liability accounts in the general ledger to ensure that all taxes and other compensation withholdings are deducted and settled accordingly.
- Develop policies and procedures to enhance processes. Automate procedures to achieve efficiencies
- Perform other duties and responsibilities as assigned.
- Bachelor's degree in Finance, Accounting, Business Administration, or related field.
- Minimum of 5 years of progressive experience in payroll management.
- Proven expertise with ADP or comparable payroll processing systems.
- Advanced proficiency in Excel and strong working knowledge of MS Office suite.
- Solid understanding of accounting principles and financial management.
- Demonstrated experience in process automation and efficiency improvement.
- Strong analytical mindset with exceptional attention to detail.
- Project management expertise with ability to manage multiple deadlines.
- Excellence in written and verbal communication across all organizational levels.
- Advanced problem-solving skills with ability to work independently.
- Strong organizational skills and ability to manage competing priorities.
- Professional discretion in handling confidential compensation information.
- Strong working knowledge of federal and state payroll and compensation laws.
Vacancy posted 3 days ago
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