What are the responsibilities and job description for the Benefits & Payroll Associate position at Bridgewater Bank?
We are seeking a meticulous, self-directed, and collaborative Benefits & Payroll Associate to join our HR team at Bridgewater Bank in St. Louis Park. Reporting to the Benefits & Payroll Manager, in this role, you are responsible for the administration of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, and 401(k) plan. In addition, the role will administer the organization’s payroll functions, ensuring pay is processed on time, accurately, and in compliance with government regulations.
RESPONSIBILITIES:
- Administer the company's benefit plans (medical, dental, vision, life insurance, disability, and other benefits as defined).
- Maintain employee benefit files.
- Process all benefits enrollments in the HRIS to provide vendors with accurate eligibility information.
- Reconcile monthly employee paid benefit billings to payroll records; identify and resolve billing discrepancies. Submit invoices to accounting for payment.
- Assist with administering employee savings plans (401(k) plan, Profit Sharing, and deferred compensation).
- Assist with leave of absence tracking and disability paperwork; for medical, personal, disability and FMLA.
- Administer COBRA notifications and terminations in a timely manner.
- Process semi-monthly and any off-cycle payrolls ensuring accurate and timely processing of payroll transactions.
- Monitor time and attendance systems for accuracy of time records, including approvals of timecards and PTO requests.
- Process and monitor garnishment orders.
- Ensures compliance with federal, state, and local payroll, wage and hour laws and best practices. Including review of remittance of payroll taxes.
- Respond to benefit and payroll inquiries from managers and employees.
- Maintains knowledge of trends, developments, and best practices in payroll and benefits administration and regulations.
- Develop reports as required from the HRIS database.
QUALIFICATIONS:
- 2-4 years of employee benefits and payroll administration experience
- Experience with HRIS systems (ADP, Paylocity, Workday, etc.) would be a plus; UKG system experience preferred
- Strong analytical and problem-solving skills
- Excellent time management skills with a proven ability to meet deadlines
- Proficient with Microsoft Office Suite or related software
- Excellent verbal and written communication skills
ABOUT BRIDGEWATER BANK:
Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.
We are on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.
At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus!
COMPENSATION & BENEFITS:
The typical hourly base pay range for this role is between $30.90 - $38.45/hour. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to):
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Parental leave
- 401(k) with employer match
- Paid vacation & paid holidays
PLEASE NOTE:
The above is intended to describe the general content of and requirements for this position. It is not to be construed as an exhaustive list of duties, responsibilities, or requirements. It is Bridgewater Bank’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.
STATUS: Non-Exempt
Salary : $31 - $38
