What are the responsibilities and job description for the Payroll and 401k Plan Manager position at Maynard Nexsen?
Job Details
Description
Summary:
The Payroll and 401k Plan Manager administers payroll for the employees of Maynard Nexsen. These responsibilities include executing and validating bi-weekly gross to net pay calculations, ensuring the timely and accurate distribution of pay and deductions, in addition to administering the 401(k) programs to include enrollment, distributions, audits, change reporting, and approving invoices for payment.
Essential Job Functions:
- Develop systems to process payroll account transactions (e.g. salaries, benefits, garnishments, deductions, taxes and third party payments)
- Coordinate timekeeping and payroll systems
- Oversee processing of payroll changes (e.g. new hires, terminations, raises) and system upgrades
- Administration of 401(k) plan, including new hire and quarterly enrollments and changes, annual audit, vesting and distributions and compliance notices.
- Ensure compliance with relevant laws and internal policies
- Collaborate with Human Resources (HR) and accounting teams
- Maintain accurate records and prepare reports
- Resolve issues and answer payroll-related questions
Necessary Knowledge, Skills and Abilities:
- Current knowledge of payroll procedures and related laws
- Excellent understanding of multi-location payroll and taxes
- A keen eye for detail
- An analytical mind and good math skills
- Prompt and excellent customer service.
Educational and Experience Requirements:
- Business Administration, Accounting, Human Resources or related field; professional certification (e.g. CPP, CPM) is a plus
- Familiarity with payroll software/HRIS (e.g. Paycom, ADP, etc.) and MS Office (especially Excel)
- Proven experience as a payroll manager or 401(k) plan administrator.
Work Environment and Physical Demands:
- In office position
- Ability to work extended hours when necessary.
- Normal office environment.
Qualifications