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Payroll Specialist

Location: New York, NY, United States
Date Posted: Apr 2, 2024

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Description

Company Overview

Alvarez & Marsal is a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services. With more than 6,000 professionals based in locations across North America, Europe, Asia and Latin America, our firm excels in problem solving and value creation.  Drawing on a strong operational heritage and hands-on approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

Payroll Specialist

This is a full-time position based in our New York office. In this position you will be part of a Global team, consisting of colleagues who manage payroll for Americas, EMEA and APAC. Your knowledge and experience with payroll and customer service will make a difference to the professionals we serve and the cross-functional teams we partner with.

Responsibilities

  • Responsible for processing multi-state semi-monthly payroll using Workday. Research and analyze data to answer employee questions and discrepancies.
  • Ensure accurate entry of employee salaries, draws, reported hours, bonuses, severance pay, deductions and garnishments.
  • Provide exceptional client experience through strong customer service in response to inquiries from employees, internal departments and outside vendors related to payroll inquiries within a timely manner.
  • Preparing and resolving all taxable wages adjustments for periodic, quarterly and year-end processing.
  • Assist with all Payroll, Absence and Time Tracking Workday testing as needed.
  • Prepare payroll reconciliations after each pay period, at quarter-end, and at year-end to ensure taxes are accurate.
  • Ensure compliance of all statutory payroll related tax fillings and payments. Keep abreast of regulatory changes affecting payroll to ensure payroll accuracy.
  • Actively engage and adapt to various technological enhancements with the goal of driving greater efficiencies and automation.

Key Skills and Competencies

  • Strong attention to detail, excellent problem-solving skills, and the ability to thrive in a high volume and fast paced environment.
  • Excellent communication and prioritization skills along with the ability to identify and present process improvements.
  • Must be able to handle confidential information and issues effectively and without breach of confidentiality.

Qualifications

  • Minimum 2 years of experience in payroll for the US, multi-State and multi-entity payroll operations, with a strong understanding of HR & Payroll related issues.
  • Associate/Bachelors degree in Business, Accounting or equivalent experience.
  • Must have intermediate Excel (Pivot, VLOOKUP, Formulas).
  • Proven experience with HRIS/Workday and other Payroll systems.
  • Proactive approach towards issues.
  • Ability to take ownership of payroll processes and reconciliation.

The salary range is $70,000 - $80,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details.

Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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