Senior Payroll Specialist

Payroll & Benefits Manager / Assistant Vice President (AVP)

Location: New York, NY | Hybrid, 3 days onsite

Base Salary: $85,000–$110,000, depending on experience

An established international banking organization is seeking a Payroll & Benefits professional to manage semi-monthly payroll for approximately 275–300 employees across the tristate area. This position will join a five-person team, with title determined by experience.

Responsibilities

• Manage full-cycle payroll through ADP Workforce Now, including processing, funding, employee data maintenance, troubleshooting, and reconciliations.
• Administer employee benefits and coordinate with benefit providers to maintain accurate records and resolve issues.
• Prepare personnel budget updates and projections, process wire transfers and invoice payments, and reconcile payroll, benefits, suspense, and bonus accrual accounts.
• Coordinate required reporting, including EEO-1, ACA, CMS, and Form 5500, along with recurring HR and head office reports.
• Maintain compliance with applicable payroll, benefits, wage, and hour requirements; support audits, internal controls, and risk-related reviews.
• Maintain procedures and vendor relationships, support system improvements, and provide training and guidance to team members as needed.

Qualifications

• 4+ years of hands-on payroll and benefits experience; typically 4–6 years for Manager consideration and 6+ years for AVP consideration.
• ADP Workforce Now experience is required.
• Experience processing multi-state payroll, ideally across NY, NJ, and CT.
• Banking or related professional services experience preferred.
• Working knowledge of benefits administration and carrier portals, such as Fidelity PSW, Cigna, and Unum.
• Familiarity with payroll accounting, reconciliations, and budget processes.
• Bachelor’s degree in Human Resources, Business Administration, or a related field.
• Strong Excel, organizational, communication, and problem-solving skills.
• Prior supervisory experience preferred, but not required.

Benefits

Comprehensive health and wellness benefits, 401(k), educational assistance and training, paid maternity and parental bonding leave, and paid vacation, sick leave, and holidays.

Interview Process

Initial screening, virtual team interview, and a final onsite interview.