What are the responsibilities and job description for the Payroll and Benefits Specialist position at Flare Therapeutics?
We are seeking a detail-oriented Payroll and Benefits Specialist with 3 to 5 years of experience to support payroll processing, benefits administration, and compliance for our growing team. The ideal candidate will have expertise in multi-state payroll, HRIS systems, and benefits coordination. This role ensures timely and accurate payroll execution while maintaining compliance with federal, state, and local regulations.
Key Responsibilities
1. Payroll Processing & Compliance
- Process bi-weekly and semi-monthly payrolls for U.S. employees, ensuring accuracy and compliance with wage laws
- Maintain up-to-date knowledge of federal, state, and local payroll regulations, including tax filings, wage garnishments, and overtime rules
- Manage payroll-related year-end reporting, including W-2s and ACA compliance
- Ensure payroll deductions and withholdings (e.g., benefits, 401(k), FSA, garnishments) are accurate
- Assist with payroll system updates, tax agency registrations, and compliance audits
2. Employee Benefits Administration
- Work closely with HR to administer employee benefits programs, including health insurance, dental, vision, life insurance, disability, flexible spending accounts (FSA), and wellness programs
- Process benefits enrollment, new hires, terminations, and qualifying life event changes, ensuring timely updates in payroll systems
- Track and coordinate leave-of-absence (LOA) and FMLA pay calculations and deductions
- Assist employees with 401(k) contributions, employer matching, and loan repayments
- Reconcile monthly benefits invoices and ensure accurate employer and employee contributions
- Act as the primary point of contact for employee benefits inquiries, ensuring a high level of customer service
3. Payroll System Management & Reconciliation
- Maintain payroll records and data integrity in HR/payroll systems (ADP Preferred)
- Prepare journal entries and monthly account reconciliations related to payroll transactions
- Process prior period adjustments and resolve discrepancies in payroll calculations
4. Accounts Payable & Vendor Management
- Process vendor invoices, expense reimbursements, and corporate credit card transactions in a timely and accurate manner
- Ensure proper invoice coding, approvals, and compliance with financial policies
- Maintain accounts payable records, reconcile vendor statements, and follow up on outstanding invoices
- Assist with annual 1099 reporting and tax compliance for independent contractors
5. Employee Support & Issue Resolution
- Act as the primary contact for payroll and benefits-related inquiries
- Research and resolve payroll discrepancies, wage disputes, and benefits issues
- Provide guidance to employees on payroll taxes, benefit deductions, and retirement contributions
6. Audit, Reporting, & Process Improvement
- Support internal and external payroll and benefits audits, ensuring timely and accurate documentation
- Generate and analyze payroll and benefits reports for management and compliance reviews
- Identify opportunities to streamline payroll, benefits, and accounts payable processes for greater efficiency
- Ensure adherence to internal controls, payroll compliance policies, and financial best practices
Qualifications & Requirements
✅3-5 years of payroll and benefits experience, preferably in a multi-state or international setting
✅ Proficiency in payroll software (ADP, Workday, Paycom, or similar) and HRIS Systems
✅ Strong knowledge of U.S. payroll laws, tax regulations, and compliance
✅ Experience handling 401(k) funding, benefits deductions, and LOA/FMLA payroll adjustments
✅ Exceptional attention to detail and ability to manage multiple payroll cycles
✅ Strong analytical and problem-solving skills with a customer-service mindset
✅ Proficiency in Microsoft Excel and payroll reporting tools
✅ Bachelor’s degree in Accounting, HR, Finance, or related field (preferred)