Payroll Analyst III

About Allvue

We are Allvue Systems, the leading provider of software solutions for the Private Capital and Credit markets. Whether a client wants an end-to-end technology suite, or independently focused modules, Allvue helps eliminate the boundaries between systems, information, and people. We’re looking for ambitious, smart, and creative individuals to join our team and help our clients achieve their goals. Working at Allvue Systems means working with pioneers in the fintech industry. Our efforts are powered by innovative thinking and a desire to build adaptable financial software solutions that help our clients achieve even more. With our common goals of growth and innovation, whether you’re collaborating on a cutting-edge project or connecting over shared interests at an office happy hour, the passion is contagious. We want all of our team members to be open, accessible, curious and always learning. As a team, we take initiative, own outcomes, and have passion for what we do. With these pillars at the center of what we do, we strive for continuous improvement, excellent partnership and exceptional results. Come be a part of the team that’s revolutionizing the alternative investment industry. Define your own future with Allvue Systems!

Job Summary

We are seeking a knowledgeable and experienced Payroll Analyst to process and manage payroll, along with the administration of employee benefits programs. The ideal candidate will ensure that employees receive accurate compensation in a timely manner, while also managing various benefits programs. This role involves the calculation of wages, administration of payments, compliance with regulations, and exceptional communication skills for interacting with colleagues and executives.

Responsibilities

Payroll Calculation and Processing:

• Gather and compute hours worked, wages, bonuses, deductions, and taxes
• Process payroll accurately and timely for all employees
• Handle direct deposits, process paper checks, and administer statements of payment
• Manage wage garnishments, raises, bonuses, and commissions
  
  

Compliance And Reporting

• Ensure proper processing of payroll deductions for taxes, benefits, and garnishments
• Ensure compliance with federal, state, and local payroll laws
• Prepare and submit payroll reports
• Manage payroll tax filings and year-end processes (e.g., W-2, 1099)
  
  

Reconciliation And Audits

• Reconcile payroll with the general ledger and bank statements
• Conduct regular payroll audits and facilitate external and internal audits
  
  

Employee Interaction

• Address payroll-related queries from employees and management
• Provide information on payroll, tax issues, benefits, and employment verification
  
  

Record Maintenance

• Maintain and update payroll records and employee information
• Track leave balances (e.g., vacation, sick leave)
  
  

Payroll System Management

• Implement, maintain, and review payroll systems and software
• Assist with the integration of new payroll systems
  
  

Data Entry And Accuracy

• Enter and verify data in payroll systems, databases, and spreadsheets
• Check timesheets, work charts, and make necessary adjustments
  
  

Policy Development

• Develop and implement compliant payroll policies and procedures
• Analyze payroll data to identify trends and recommend improvements
  
  

Coordination And Documentation

• Collaborate with HR and finance departments on payroll matters
• Maintain proper documentation and records of payroll activities
  
  

Adjustments

• Process wage garnishments, raises, bonuses, and commissions
• Address payroll-related issues and questions from employees and management
  
  

Requirements

• Extensive knowledge of payroll laws and best practices
• Proficiency with payroll, including HRIS
• Excellent organizational skills and attention to detail
• Strong analytical and problem-solving skills
• Exceptional communication skills for effective interaction with employees, management, and third-party vendors
• Ability to understand and evaluate complex benefits information and proposals
• Proficiency with Microsoft Office Suite and payroll/HRIS software
  
  

Education/Certifications

• High school diploma or equivalent required; Bachelor’s degree in HR, Business, Accounting, or related field preferred
• Proven experience as a Payroll Specialist/Analyst/Manager
• Four to seven years of related experience in payroll
  
  

What We Offer

• Health Coverage options along with other voluntary benefits
• Enterprise Udemy membership with access to thousands of personal and professional development courses
• 401K with Company match up to 4% or Employee Pension plan
• Competitive pay and year-end bonus potential
• Flexible PTO
• Charitable Donation matching, along with Volunteer and Voting PTO
• Numerous team building activities to promote collaboration in a fun and fast-paced work environment
  
  

EEOC Statement

Allvue Systems provides equal employment opportunities (EEO) for all employees and applicants for employment. We recognize the real value of bringing people together from diverse backgrounds, experiences and perspectives - we don’t just accept difference, we celebrate and support it. We are committed to advancing these efforts through our strategies to hire, promote, create and support a diverse and inclusive environment throughout our workforce and workplace. It is our policy to prohibit discrimination and harassment of any type without regard to race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. In addition, Allvue will provide reasonable accommodations for qualified individuals with disabilities.