What are the responsibilities and job description for the Human Resources - Payroll Associate position at Bank of China?
Introduction:
Employment Verification
Other
: USD $42,000.00 - USD $90,000.00 /Yr.
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview:
This position will perform key tasks to establish and maintain employees’ data including new hires, terminations and employment changes. Other duties include ensuring timely and accurate processing of full-circle multi-state semi-monthly payroll transactions and in compliance with government regulations and company policies, preparing all payroll related reports, assisting any other projects assigned by Benefit and Compensation team, etc.
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
- 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
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
: USD $42,000.00 - USD $90,000.00 /Yr.
Salary : $90,000
Human Resources/Payroll Manager
Atlantic HR Advisors -
Tarrytown, NY
