What are the responsibilities and job description for the Payroll Specialist position at Monarch Investment and Management Group?
Description
Join Our Team at Monarch Investment and Management Group!
Monarch Investment and Management Group is expanding, and we want YOU to be part of our growing team! We’re looking for a dedicated Payroll Specialist to join our ranks in a dynamic, rewarding role within a leading company in the multifamily real estate industry. If you’re ready to take the next step in your career with an industry leader, this is the opportunity you’ve been waiting for.
Why Monarch?
At Monarch, we pride ourselves on fostering a family-oriented, supportive culture where every team member is valued and respected. As the 9th largest multifamily property owner, our success is driven by our people—our employees are at the heart of everything we do, and that’s reflected in our glowing Glassdoor reviews. Along with our positive work environment, we offer an exceptional benefits package and numerous opportunities for career growth.
This Position:
- Location: Onsite at our headquarters in Franktown, CO (between Parker and Castle Rock)
- Schedule: Full-time (non-remote)
Compensation & Benefits:
- Competitive hourly pay ($29 - $31/hr based on experience)
- Affordable medical insurance through Blue Cross ($45/month for employees)
- Free basic dental and life insurance
- Vision coverage and additional plans available
- Paid holidays & PTO
- 401(k) with up to a 3% company match
- Paid training opportunities
- Sabbatical program
- Tuition reimbursement
- Employee Referral Bonus Program ($500 - $1,000 depending on role)
- FREE skiing at Monarch Mountain for your immediate household
- Discounts at top companies like Verizon, Expedia, Office Depot, and more
Key Responsibilities:
- Administer rent deductions and LTO processes, ensuring accuracy and completing necessary adjustments
- Manage the rent deduction process in YARDI, ensuring proper setup for new employees and removal for terminated ones
- Oversee the FSA process, ensuring updates are uploaded to ThrivePass and UKG
- Handle property-to-property adjustments, ensuring accurate payroll processing for special projects
- Audit payroll adjustments after each payroll run
- Collaborate with the Accounting team to resolve payroll-related discrepancies
- Complete off-cycle payroll adjustments as needed
- Monitor the Time and Attendance system for accuracy
- Process employee terminations and ensure accurate final pay
- Reconcile and organize Commission Bonus, quarterly bonus, and 401k files
- Perform scheduled and ad-hoc data reconciliation for payroll processing
- Prepare, audit, and reconcile payroll files for rent deductions and taxable housing
- Ensure payroll deductions are correct and data is accurate for all employees
Qualifications:
- 3 years of experience as a Payroll Specialist or in a similar role
- Experience with UKG payroll processing is strongly preferred
- Strong Excel skills (pivot tables, VLOOKUP, etc.)
- Exceptional attention to detail and the ability to handle sensitive financial information with care
- Strong problem-solving abilities and the capacity to address payroll issues effectively
- Proactive approach to identifying and resolving potential obstacles
- Excellent communication skills for frequent interaction with internal and external teams
- Ability to maintain confidentiality of corporate payroll and HR matters
Monarch is an Equal Opportunity Employer. We are continuously accepting resumes, and pre-hire requirements will be completed once an offer is extended.
Ready to be part of something special? Apply today!
Salary : $29 - $31
