Payroll and Benefits Specialist

Ready to own payroll for a growing banking team where your expertise directly impacts employee experience? CFS has partnered with a bank in finding a Payroll and Benefits Specialist to join their team in Cambridge, MA. Job Title: Payroll & Benefits Specialist Location: Cambridge, MA Salary: $65,000 - $80,000 Why This Opportunity Stands Out: - Take full ownership of payroll for ~150 employees — real impact, not just support work - Work within a stable, reputable banking environment in the Cambridge market - Gain hands-on experience with bonus, commission, and incentive compensation structures - Utilize and deepen expertise in ADP Workforce Now - High visibility role interacting across finance and HR teams - Opportunity to streamline processes and improve payroll operations - Consistent, fully onsite environment with strong team collaboration - Clear opportunity to build advanced payroll and compensation expertise Key Responsibilities for the Payroll & Benefits Specialist: - Manage full-cycle payroll for approximately 150 employees - Process monthly bonuses, commissions, and incentive payments - Maintain payroll accuracy, compliance, and reporting - Support benefits administration as needed - Partner with HR and finance on payroll-related matters Qualifications for the Payroll & Benefits Specialist: - 3+ years of payroll experience - Experience with ADP Workforce Now preferred - Experience handling bonus, commission, or incentive payroll - Strong knowledge of payroll processes and compliance #Payroll #AccountingJobs #FinanceJobs #INJUNE2026