Payroll & Benefits Manager

Job Title: Payroll & Benefits Manager Reports to: Human Resources Manager Location: San Marcos, Texas

We have one goal: to manufacture quality magnets! We are looking for exceptional individuals who want to learn, build, and lay a foundation for our company for the years to come.

About this role

The Payroll & Benefits Manager is responsible for the accurate, compliant, and timely administration of payroll and employee benefits for Noveon Magnetics across hourly production and salaried staff. This role owns end-to-end payroll processing (including multi-shift and overtime calculations typical of a manufacturing environment), benefits plan administration and open enrollment, leave administration, and related compliance and reporting. The position requires strong attention to detail, discretion with confidential data, and the ability to partner closely with HR, Finance, and outside vendors (payroll provider, benefits brokers, carriers).

What good is a job without great benefits to reward your hard work? What We Have To Offer:

• Competitive Base

• Medical/Dental/Vision insurance on day 1 of employment

• Health Saving Account (HSA) with Employer contribution

• Employee Assistance Program

• 401(k) retirement plan and match program

• Long Term Disability (Employer Paid)

• Short Term Disability (Employer Paid)

• Paid Time Off (eligible after 90 days of employment)

• Sick Leave (eligible after 90 days of employment)

• Company Paid Holidays

Diversity

At Noveon Magnetics, we believe our diversity makes us who we are, and we strive every day to build a culture where everyone feels welcome.

What You’ll Be Doing:

Payroll

• Processing accurate, on-time payroll on a recurring cycle for hourly (multi-shift) and salaried employees, including overtime, shift differentials, and incentive pay.

• Maintaining payroll system data integrity, including new hires, terminations, pay changes, garnishments, and tax withholding elections.

• Reconciling payroll prior to submission and resolve discrepancies with timekeeping, production supervisors, and HR.

• Administering time and attendance systems, including time clock exceptions common in a production environment (shift punches, missed clocks, PTO usage).

• Ensuring compliance with applicable federal and state wage and hour law, including FLSA overtime rules, final pay requirements, and payroll tax filings.

Benefits

• Administering employee benefits programs, including medical, dental, vision, life, disability, and 401(k)/retirement plans.

• Leading annual open enrollment, including employee communications, vendor coordination, and enrollment data accuracy.

• Serving as the primary point of contact for benefits questions, claims escalation, and eligibility issues for employees and dependents.

• Administering COBRA notifications, elections, and billing for departing employees, coordinating with the HR Manager on offboarding timing.

• Reconciling monthly benefits invoices against enrollment records and resolving billing discrepancies with carriers/brokers.

Leave & Workers’ Compensation

• Managing leave administration (FMLA, state-specific leave considerations, short/long-term disability, workers' compensation wage coordination) in partnership with the HR Manager.

• Managing the workers' compensation claims process, including filing, carrier coordination, and return-to-work coordination, partnering with EHS on incident details and the HR Manager on conduct-related matters.

• Coordinating benefit payments across short/long-term disability, workers' compensation, and payroll — ensuring regular pay is correctly adjusted or suspended

when wage-replacement benefits begin, applying any employer offset or top-up policy, and reconciling amounts to prevent overpayment or underpayment.

Compliance, Audit, & Reporting

• Preparing and submitting required payroll and benefits filings and reports (e.g., 401(k) census, ACA reporting, workers' comp payroll reporting, unemployment claims responses).

• Maintaining payroll and benefits records in compliance with recordkeeping requirements and support internal/external audits.

• Building and maintaining documented payroll controls (approvals, system access, exception reporting, and periodic data validation) to support SOX and audit readiness.

• Partnering with Finance, Legal, and the VP of HR/People on applicable payroll disclosure requirements.

• Maintaining confidentiality and secure handling of sensitive payroll, benefits, and medical/leave data, including HIPAA privacy obligations tied to group health plan administration.

• Producing payroll and benefits cost reporting and trend analysis (overtime spend, benefits utilization, premium trends) for the HR Manager, VP of HR/People, and Finance.

• Identifying and implementing process improvements to increase payroll accuracy and efficiency as headcount grows.

We are Looking for Someone Who:

• Has a Bachelor's degree in Accounting, Finance, Human Resources, or related field; equivalent experience considered.

• Has 4+ years of payroll experience and 2+ years of benefits administration experience, ideally in a manufacturing or multi-shift environment.

• Possesses a working knowledge of FLSA, Texas wage and hour law, and payroll tax requirements.

• Has experience with payroll/HRIS platforms (e.g., ADP, UKG, Paycor, or similar) and strong Excel skills.

• CPP (Certified Payroll Professional) or CEBS designation preferred.

• Can demonstrate a high degree of accuracy, discretion, and comfort handling confidential compensation and health data.

• Has strong vendor management skills, with experience working directly with benefits brokers and carriers.

• Demonstrates a clear, patient communication style suited to explaining pay and benefits to a diverse hourly workforce.

• Bilingual (English/Spanish) preferred.

Work Environment:

• Prolonged periods sitting at a desk and working on a computer.

• Must be able to meet recurring, non-negotiable payroll deadlines.

• Must be able to work extended hours periodically around payroll processing days, open enrollment and year-end reporting.

• Must be able to lift/move up to 15 pounds at times.

About Noveon Magnetics

At Noveon Magnetics, we’re reimagining the rare earth magnet industry and changing the way we electrify the world. We’re a fast-growing, diverse team of scientists, engineers, entrepreneurs, and innovators from across the globe united by a shared mission to support the commercialization of our magnet manufacturing technology and forge a new path toward resource efficiency, resource independence and a low-carbon economy.

As the only U.S manufacturer of permanent rare earth magnets essential to a range of technologies that rely on an electric motor--from electric vehicles to medical devices to aerospace and defense systems to clean energy--we’re ushering in an electric future that is 100% Made in America. All our operations, from R&D through production, assembly, and delivery, are conducted out of our state-of-the-art manufacturing center in San Marcos, Texas.

Noveon Magnetics is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.