Payroll Specialist

Posted 2 Days Ago
Be an Early Applicant
Malvern, AR
85K-95K Annually
Senior level
Financial Services
The Role
The Payroll Specialist will process biweekly payroll for 800+ employees across multiple states, ensuring accuracy and compliance with payroll regulations. Responsibilities include administering payroll changes, verifying timecards, addressing payroll inquiries, and preparing reports. The role requires collaboration with the Payroll Manager to resolve complex issues and improve payroll processes.
Summary Generated by Built In

At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.

Hybrid in the Malvern, PA location coming into the office at least 3 days per week with Monday, Tuesday, and Thursday being the set in-office days.

Salary range: $85k - $95k

Must be legally eligible to work in the United States without sponsorship, now or in the future to be considered.

What you’ll do:

The Payroll Specialist will assist in processing payroll in a timely and accurate manner for approximately 800+ employees in 30+ states as the Bank continues to expand its footprint. This position will offer the opportunity to work as an integral part of our People Experience Team (PXT), concentrating on payroll, compensation and HR data and operational solutions. Working closely with the Payroll Manager in all aspects of the biweekly payroll to ensure timely and accurate delivery, the ideal candidate must have experience processing Workday payroll with ADP Smart Compliance, possess strong attention to detail and excellent analytical skills, knowledge of multi-state payroll requirements, and thrive in a fast-paced, team-oriented environment.

Key Responsibilities

  • Assist in the day-to-day operations associated with the biweekly payroll processing for all team members including earnings, deductions, reporting and controls.
  • Administer tax changes, garnishments, and other changes within Workday, supported through ADP Smart Compliance task(s).
  • Verify timecards for accuracy and ensure timely approvals by managers and assist with time off inquiries within Workday.
  • Support off-cycle processing of one-time payments or periodic bonuses and other compensation-related activities.
  • Serve as the point of contact for payroll related questions including team member tax and regulatory inquiries related to all forms of compensation.
  • Build and maintain employee confidence and trust by setting up process for promptly responding to requests while protecting the confidentiality of payroll operations.
  • Work closely with Payroll Manger to resolve complex pay related inquiries.
  • Ensure compliance with all federal, state, and local payroll laws and regulations.
  • Support quarterly and annual tax filings.
  • Assist in regular audits of biweekly payroll procedures and records to ensure accuracy and compliance.
  • Prepare biweekly and ad-hoc reports and analysis for management and other stakeholders, as needed.
  • Work with auditors during payroll audits and provide necessary documentation and explanations, as needed.
  • Facilitate tracking of new hire compensation commitments.
  • Support the Payroll Manager with day-to-day activities supporting equity compensation plans including the ESPP and stock-based award exercises and releases, and other administrative support.
  • Identify opportunities for payroll process improvements and efficiencies.
  • Demonstrate consistent initiative to take on additional tasks, projects and initiatives across the PXT while maintaining the highest level of attention and accuracy for the payroll-specific portfolio of work.

What do you need?

  • Bachelor’s degree.
  • Minimum of 5 years’ experience in a payroll specific role, supporting a multi-state payroll.
  • Proficiency in HRIS and payroll administration software – experience with Workday preferred.
  • Ability to work closely with the payroll vendors to ensure payroll deadlines, objectives, quality of service and operational performance are met.
  • Strong knowledge of payroll regulations and compliance requirements.
  • Detail oriented, deadline driven and work well under pressure with a high degree of accuracy.
  • Excellent communication and interpersonal skills.
  • Ability to comfortably interact with employees of all levels across the organization and uses discretion when dealing with sensitive employee payroll matters.
  • Flexibility in terms of willingness to meet varied and changing demands.
  • Strong analytical and problem-solving abilities with the ability to independently troubleshoot and recommend solutions.
  • A customer service driven mindset when assisting employees.
  • Experience/knowledge with equity-based awards is a plus.

Technology Skills:

  • Proficiency in HRIS and payroll administration software - experience with Workday preferred
  • ADP Smart Compliance
  • Microsoft Office Suite; advanced Excel skills preferred

Customers Bank is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

 

We also provide “reasonable accommodations”, upon request, to qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state and local laws. 

 

Diversity Statement:

 

At Customers Bank, we believe in working smart, working together, and having fun while delivering innovative solutions and memorable experiences for our customers. We are committed to the continual advancement of a culture which reflects the value we place on diversity, equity, and inclusion. We honor the diverse experiences, perspectives, and identities of our team members, and we recognize that it is their passion, creativity, and integrity that drives our success. Step into your future with us! Let’s take on tomorrow.

Top Skills

Excel
Workday
The Company
HQ: Wyomissing, PA
788 Employees
On-site Workplace
Year Founded: 1997

What We Do

What we believe in: At Customers Bank, we are dedicated to providing exceptional value, service and convenience as part of an overall effortless banking experience. Our high-tech, high-touch approach to banking allows us to deliver a superior selection of products and services.

Who we serve: We’re a community-based, full-service bank that offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers nationwide with locations in Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Texas.

Our way of banking: Our approach to banking is built on three core pillars – commitment to human connections, dedication to innovation and the latest technology, as well as our responsibility to ground innovation in our deep experience and reliable financial foundation. We’re focused on our customers, employees, and investors every day — connecting them to real opportunities, helping them grow, and doing it all with speed and agility so they can get further, faster.

More information: To learn more, visit us at http://customersbank.com. Customers Bank, a subsidiary of Customers Bancorp, Inc., is an equal opportunity lender and a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation. Customers Bancorp, Inc. voting common shares are listed on the New York Stock Exchange under the symbol CUBI.

Member FDIC - Equal Housing Lender.

Privacy Policy: We discourage Customers Bank customers from sharing personal identification data such as account numbers, social security numbers, or phone numbers on social media. Please send a direct message if you have questions regarding your account. To learn more, visit our website at https://www.customersbank.com/privacy-notice/.

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