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

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