Logo of Huzzle

Home

Matches

Explore

Manage

Human Resources - Payroll Associate

image

Bank of China

17d ago

  • Job
    Full-time
    Mid Level
  • People, HR & Administration
    Banking & Finance
  • New York

AI generated summary

  • You need a bachelor’s degree, 3 years in multi-state payroll, knowledge of CA, NY, IL laws, strong communication skills, attention to detail, and certifications are preferred.
  • You will manage payroll data entry, resolve discrepancies, process checks, assist with audits, respond to inquiries, maintain records, and support compliance and reporting tasks.

Requirements

  • Bachelor’s degree in business, human resources or related field required
  • At least 3 years of experience in payroll processing, specifically full-cycle multi-state payroll required
  • Solid Knowledge of payroll systems, reporting functions as well as the full cycle of payroll operations, including benefits, and Time & Attendance required
  • Knowledge of the CA, NY and IL employment rules and regulations required
  • Excellent communication skills and customer service skills in handling matters in a professional, courteous and friendly manner is a must
  • Ability to handle highly confidential information and detail-oriented attitude required
  • CEBS, CCP, or SPHR, PHR SHRM-CP, and FPC/CPP certifications preferred

Responsibilities

  • Payroll Administration
  • Review and record HR/Payroll/Benefits data into HRIS system, including new hire and termination and all the changes in between.
  • Data entry also including HR/Payroll/Benefits retroactive calculation and adjustments.
  • Review and make adjustment entry from attendance report.
  • Perform various payroll accounts reconciliations and resolve payroll discrepancies with relevant stakeholders including but not limited to FMD, OSD, and internal and external auditors.
  • Process termination payouts and off-cycle check request, including wires and ACH payments when applicable.
  • Maintain employees’ data including ACA 1095-C Tax forms
  • Respond to employee inquiries related to payroll, acts as the first level correspondent for questions/concerns and responses to the employees promptly.
  • Process manual checks as requested.
  • Prepare and distribute reports to appropriate parties (payroll, benefits deductions, employment tax, ACA, EEO, and Multiple Work Site etc.)
  • Assist and review employment tax filings and other regulatory reporting requirements.
  • Assist with month/year end close and internal and external audit.
  • Ensure Payroll Processing follows applicable Federal, State, and Local regulatory reporting requirements and guidelines.
  • Assist Team Leader for maintain payroll guidelines, policies and procedures.
  • Employment Verification
  • Process employment verification requests
  • Process unemployment claims related to payroll data inquiry.
  • Other
  • Generate monthly report for employee emergency contact for the BCP plan
  • Complete various compensation surveys
  • Participate in special projects and other duties as assigned

FAQs

What are the primary responsibilities of the Payroll Associate position?

The primary responsibilities include performing payroll administration tasks, maintaining employee data, processing payroll transactions, responding to employee inquiries related to payroll, and assisting with employment verification and regulatory reporting.

What qualifications are required for the Payroll Associate position?

A Bachelor’s degree in business, human resources, or a related field is required, along with at least 3 years of experience in full-cycle multi-state payroll processing. Knowledge of payroll systems, regulations in CA, NY, and IL, and excellent communication skills are also necessary.

Is there a preferred certification for this role?

Yes, certifications such as CEBS, CCP, SPHR, PHR SHRM-CP, and FPC/CPP are preferred.

What is the pay range for the Payroll Associate position?

The pay range for this position is USD $42,000.00 - USD $90,000.00 per year, and actual salary is commensurate with the candidate’s relevant experience, skill set, education, and qualifications.

How does this position handle employee inquiries?

The Payroll Associate acts as the first level correspondent for employee inquiries related to payroll and responds promptly to their questions or concerns.

Will the Payroll Associate be involved in audits?

Yes, the Payroll Associate will assist with month/year end close and internal and external audits as part of their responsibilities.

What payroll systems knowledge is required for this role?

Solid knowledge of payroll systems, reporting functions, and the full cycle of payroll operations, including benefits and Time & Attendance, is required.

Does this position require handling confidential information?

Yes, the ability to handle highly confidential information with a detail-oriented attitude is essential for this role.

What additional responsibilities are included in the Payroll Associate position?

Additional responsibilities may include generating reports for employee emergency contacts, completing compensation surveys, and participating in special projects as assigned.

Are there opportunities for special projects in this role?

Yes, participation in special projects and other duties as assigned is part of the responsibilities for the Payroll Associate position.

Bank of China

Finance
Industry
10,001+
Employees
1912
Founded Year

Mission & Purpose

Bank of China, include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions, providing a comprehensive range of high-quality financial services to individual and corporate customers as well as financial institutions worldwide. Over the past century, Bank of China played an important role in China’s financial history. It was established in 1912 pursuant to the approval of DR. Sun Yat-sen. In the following 37 years the Bank served as the central bank, international exchange bank and specialized foreign trade bank successively. In 1949, Bank of China became the state-designated specialized foreign exchange bank. In 2003, it was named by the State Council as one of the pilot banks for joint-stock reform of wholly state-owned commercial banks. On August 26, 2004, Bank of China Limited was formally incorporated in Beijing as a state-controlled joint stock commercial bank. Bank of China is the most internationalized commercial bank in China. BOC London Branch, the first overseas branch of the Chinese banks, was established in 1929. Currently, it had over 10000 domestic operations and over 600 overseas operations. In 1994 and 1995, Bank of China became the note issuing bank in Hong Kong and Macao respectively. The Bank prepared a new strategic development plan which was approved by the Board of Directors in March 2009. Strategic Positioning: To be a large multinational banking group based on a diversified and integrated cross-border business platform, with a core business of commercial banking. Strategic Goals: To be a leading international bank delivering growth and excellence.