Associate Financial Compensation Analyst

Job Description Summary

Job Description

Under general direction uses specialized knowledge and skills obtained through training and experience to perform a wide variety of payroll processing and technical tasks. Must have flexibility to assist associates using established policies and procedures in order to complete tasks as needed. Uses technical skills and knowledge to create analytic reports on history and trends to senior leadership. Provide excellent customer service, professionalism, and efficient support to staff and associates throughout the firm.

• Create monthly and quarterly analytical reports for senior leadership focused on payroll impacts to the general ledger.

• Performs troubleshooting and works with home office staff to resolve problems.

• Review and recommend changes to payroll processes as required to improve performance and efficiency.

• Work with stakeholders to create and implement process improvements across the payroll function.

• Experience with remediation and development of new business processes in Workday.

• Assists in preparing the semi-monthly payroll closings and related analysis.

• Performs mathematical computations, computes costs and adjusts, balances and reconciles figures to ensure accuracy of data. Audit the payroll to ensure accuracy of data. Corrects processing errors prior to payroll production.

• Provides information as requested to employees, supervisors, outside agencies, internal and external auditors or other personnel by referring to policies, rules, regulations or procedures or by researching files for information.

• Maintain currency in payroll tax related laws, regulations, as well as all deposit schedules.

• Serve as backup to the Payroll Analyst.

• Performs other duties as assigned, including participating on special projects.

Knowledge, Skills, and Abilities:

• Strong attention to detail with the ability to identify data inconsistencies, errors, and compliance risks.

• Demonstrated ability to create, review, and maintain analytical reports related to payroll processing and compensation data.

• Proficiency in Microsoft Excel; experience with Smartsheet and reporting tools is a plus.

• Concepts, principles, and practices of accounting related to payroll processing and record keeping.

• Excellent critical thinking skills as well as ability to multi-task in a very busy environment.

• Verifying mathematical calculations.

• Interpreting and applying policies and procedures.

• Implementing processes and procedures for efficient and timely work flow.

• Promoting effective coordination between work groups.

• Operating standard office equipment and using required software applications.

• Analytical and research skills; be self-directed and able to prioritize work within the department.

• Presenting information, which may be complicated in nature, in a clear and concise manner.

• Read, interpret, analyze, and apply payroll data and information.

• Communicate effectively, both orally and in writing.

• Work independently as well as collaboratively within a team environment.

• Establish and maintain effective working relationships at all levels of the organization.

• Ensure strict confidentiality is maintained at all times.

Educational/Previous Experience Requirements:

• Minimum of three (3) years’ experience in payroll processing.

• Multi-state, multi-entity payroll/tax experience.

• Experience with multi-faceted compensation schedule including salaried and commissioned associates.

• Familiarity with Workday preferred.

~or~

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications:

• CPP Preferred or ability to obtain.

Education

Work Experience

Certifications

Travel

Workstyle

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 
We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.