What are the responsibilities and job description for the Payroll and Compliance Analyst position at CPM Federal Credit Union?
Payroll and Compliance Analyst (Primarily Remote in SC)
Are you a detail-oriented payroll professional with a passion for compliance and process improvement? CPM Federal Credit Union is seeking a dedicated Payroll and Compliance Analyst to join our team. This is your chance to contribute to an organization that values accuracy, compliance, and employee satisfaction while advancing your career in a supportive environment.
This position is eligible for remote work in South Carolina only, with occasional in-office needs required.
Position Highlights
- Technology: Equipment provided!
- Employee-Centric: CPM Federal Credit Union has been named a “Best Credit Union to Work For” and “Best Place to Work” for 2024!
- Growth Opportunities: Our Career Progression Program puts you in control of your success and career!
- CPM Perks & Benefits: Enjoy employee discounts, 401(k) match, educational assistance, professional development, and wellness programs.
What You’ll Do
- Process and verify accurate payroll for employees, ensuring timely distribution of wages and benefits.
- Prepare payroll reports, including salary, tax liabilities, and overtime usage, for management.
- Maintain compliance with federal, state, and local labor regulations, partnering with legal teams to update policies.
- Oversee tax reporting, reconciliations, and year-end tasks like W-2 distribution.
- Administer payroll systems, addressing discrepancies and ensuring smooth operations.
- Collaborate with HR and Accounting to deliver insightful payroll and labor cost data.
- Educate employees and managers on payroll policies and resolve inquiries efficiently.
- Stay updated on labor and tax law changes to ensure compliance and recommend improvements.
What You’ll Bring
- Minimum of 3 years of experience in payroll processing and labor compliance.
- Proficiency in payroll systems (e.g., Paylocity, Paycom) and advanced MS Excel skills.
- Strong knowledge of labor laws, including FLSA and FMLA.
- Excellent attention to detail, analytical skills, and a problem-solving mindset.
- Certification in payroll (e.g., Certified Payroll Professional) or SHRM-CP/PHR preferred.
- High school diploma or equivalent.
- Bachelor’s degree in Finance, Accounting, HR, or a related field is a plus.
Join us as a Payroll and Compliance Analyst and play a vital role in ensuring seamless payroll operations and labor compliance. Apply now to make an impact at CPM Federal Credit Union!
*Strict adherence to CPM's policies, and federal regulations from NCUA and FFIEC, including GLB and BSA is required.
About CPM Federal Credit Union
CPM Federal Credit Union was founded in 1955. Since then, CPM has worked hard to help our members improve their financial well-being. We have offices throughout South Carolina, with our headquarters in North Charleston. Be part of our team of talented professionals and contribute to our mission of empowering our members and our community with opportunities for a brighter financial future.
AFFIRMATIVE ACTION/EEO STATEMENT
CPM Federal Credit Union is an Equal Opportunity Employer who recruits, and hires qualified applicants without regard to race, color, religion, sex, pregnancy, childbirth, and related medical condition (including, but not limited to lactation), sexual orientation, national origin, age, disability, gender identity, protected veteran status or any other protected characteristic.