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Payroll/Benefits Administrator

Moody's Co-Worker Owned, Inc.
Portland, ME Full Time
POSTED ON 3/8/2025 CLOSED ON 4/6/2025

What are the responsibilities and job description for the Payroll/Benefits Administrator position at Moody's Co-Worker Owned, Inc.?

**Job Title: Payroll/Benefits Administrator**

**Job Location:** Gorham, ME
**Job Type:** Full-Time
**Department:** Resource Management

**Company Overview:**
The real strength of Moody’s is in our coworkers. We have the most dedicated, committed, and qualified coworkers in the industry. We care about our coworkers, our customers and our community. Because Moody’s is coworker owned, each and every coworker has a stake in the business and therefore a vested interest in being the best that they can be.
We are committed to fostering a supportive and inclusive work environment where our coworkers can thrive. We are currently seeking a detail-oriented and dedicated Payroll/Benefits Administrator to join our Resource Management team.

**Job Summary:**
The Payroll/Benefits Administrator is responsible for managing payroll processes and coworker benefits administration while ensuring compliance with all applicable laws and regulations. This role requires a strong attention to detail, excellent organizational skills, and the ability to handle confidential information with integrity.

**Key Responsibilities:**

1. **Payroll Processing:**
  • Prepare and process weekly payroll for 275 coworkers.
  • Ensure accurate and timely payment of wages, including overtime, bonuses, and deductions.
  • Maintain payroll records and ensure compliance with federal, state, and local employment laws.
  • Analyze and resolve payroll discrepancies and address coworker inquiries regarding payroll-related matters.
2. **Benefits Administration:**
  • Administer coworker benefits programs, including health insurance, retirement plans, and other optional benefits.
  • Serve as a point of contact for coworkers regarding benefit inquiries and eligibility.
  • Assist with open enrollment processes and ensure coworkers have the necessary information to make informed decisions.
  • Maintain current knowledge of benefits regulations and changes in the industry.
3. **Reporting and Compliance:**
  • Prepare and submit necessary payroll tax filings and reports.
  • Ensure compliance with labor laws, tax regulations, and benefit-related legislation.
  • Generate standard and ad-hoc reports related to payroll metrics and benefits usage.
5. **System Management:**
  • Maintain payroll and HRIS (Human Resources Information System) databases.
  • Participate in system upgrades and improvements to enhance payroll and benefits processes.

**Qualifications:**

  • Bachelor’s Degree in Human Resources, Accounting, Business Administration, or related field preferred.
  • Minimum of 3 years of experience in payroll and benefits administration.
  • Strong knowledge of payroll regulations, benefits offerings, and compliance requirements.
  • Proficient in payroll software and Microsoft Office Suite, particularly Excel.
  • Excellent attention to detail and accuracy in handling financial information.
  • Strong organizational and time-management skills.
  • Ability to handle sensitive information with confidentiality.

**Preferred Qualifications:**

  • Certification in payroll or HR (e.g., CPP, PHR) is a plus.


**Benefits:**

  • Competitive pay.
  • Comprehensive benefits package including health, dental, and vision insurance.
  • 401k and ESOP retirement savings plan.
  • Paid time off and holidays.
  • Opportunities for continuous learning and professional development.

**How to Apply:**
Interested candidates should submit their resume and a cover letter detailing their qualifications. Moody's Coworker Owned, Inc. is an equal-opportunity employer and encourages applicants from all backgrounds to apply.

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