Payroll Administrator Job at Portfolio Advisors
Portfolio Advisors, LLC (“PA” or the “Firm”), is a private equity, private real estate, and private credit investment specialist with $23+ billion in AUM and an established track record in primary, secondary, direct, and co-investment strategies. Founded in 1994, PA is an independent, employee-owned firm and Registered Investment Advisor with the U.S. Securities Exchange Commission. The Firm works closely with clients and limited partners to tailor private market investment solutions via PA-sponsored fund offerings and customized separate accounts. PA’s investment professionals conduct due diligence and client service activities from five global offices in the U.S., Switzerland, Hong Kong, Singapore, and the United Kingdom.
The payroll administrator is responsible for the following:
- Manages payroll for the following locations:
- US payroll (semi-monthly pay cycle for 130 employees)
- Must be familiar with both W-2 employees, 1099 contractors, and K-1 income earners.
- Overseas payroll (monthly pay cycle for 17 employees)
- Enters, maintains, and/or processes information in the payroll system including employees’ salaries, bonuses or other compensation, benefits, time worked, paid leave and holidays, deductions and withholding, and other information for preparing payroll.
- Ensure accurate and timely processing of payroll updates for new hires, terminations, and pay rate changes.
- Prepares and maintains accurate records and reporting of payroll transactions including reconciling payroll to the general ledger and monthly bank statements.
- Issues or reissues physical or replacement checks, or direct deposits as required.
- Ensures compliance with federal, state, and local payroll wage and hourly laws and best practices.
- Facilities audits by providing records and documentation to auditors.
- Provides accounting support to finance team surrounding personnel expenses and compensation reporting.
- Performs quarterly 941 reconciliation and annual W-3 reconciliation.
- Serves as resource to company employees surrounding payroll questions.
Requirements
Minimum requirements for the payroll administrator include, but are not limited to, the following:
- High school diploma or equivalent required
- Must have ADP workforce now experience.
- Must have excellent organizational skills.
Impeccable attention to detail and must be able to meet deadlines
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Physical setting:
- Office
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Darien, CT 06820: Reliably commute or planning to relocate before starting work (Required)
Experience:
- Payroll: 3 years (Required)
Work Location: Hybrid remote in Darien, CT 06820
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