Human Resources (VP)- Benefits & Payroll

New York, NY 10017

Employment Type: Direct Hire Industry: Human Resources Job Number: 2928 Salary Level: 125,000

Job Description


High Profile Bank seeks Human Resources professional to take ownership of Benefits and Payroll programs.

This is a Vice President level full-time direct hire role with an expanding mid-sized financial firm that offers competitive compensation and a great benefits package.

You will be responsible for overseeing the  payroll function, benefits administration, personnel budget projection/personnel actual reports, and other related managerial duties including:
  • Manage payroll function: supervise the work of payroll personnel, ensure semi-monthly payroll is processed accurately and timely, review payroll funding and deposits.
  • Oversee benefits and employee programs administration (healthcare, disability, life and AD&D, flexible spending account, commuter benefits, 401k Plan, workers comp, COBRA, FMLA,...)
  • Strategically  plan, implement, negotiate plans and renewal premiums
  • Ensure adherence to laws and regulations, maintain record keeping of all plans, and manage vendor relationships.
  • Handle regulatory reporting (5500 filing, EEO-1, ACA 1094/1095, Non-Discrimination Testing of Plans,...)
  • Serve as a member and secretary of the 401k plan Fiduciary Committee, handling record keeping of committee minutes, structure, charter, and policy changes.
  • Manage personnel budget projection and actual personnel expense reports.
  • Implement and update policies, procedures, and manuals applicable to payroll and benefits functions.

Requirements include:
  • Completed BA/BS degree
  • 7+ years of work experience in Human Resources  with  at least 4 years of focused  experience in Payroll and Benefits
  • Strong computer skills including  Word, Excel, PowerPoint and Outlook
  • Extensive understanding of  regulations and applicable laws regarding  payroll and benefits
  • HRIS required e.g. ADP Workforce Now or other payroll system, etc.
  • Participation in professional Human Resources organizations/continuing education programs (SHRM,...)
  • Work experience in banking/financial services  industry strongly preferred
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