Payroll Analyst

Posted 3 Days Ago
Be an Early Applicant
6 Locations
In-Office or Remote
Mid level
Financial Services
The Role
Supports biweekly US employee payroll and monthly international contractor payments using ADP Workforce Now and Deel. Maintains payroll records, trackers, and confidential compensation information; reconciles payroll data, invoices, and reports; investigates discrepancies; coordinates adjustments for hires, terminations, bonuses, promotions, and leave; supports audits, compliance, reporting, and payroll policy improvements.
Summary Generated by Built In

About World Business Lenders (www.wbl.com)

  • World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.
  • WBL services its loan portfolio and loan portfolios for third parties, specializing in the management of non-performing loan pools and REO.

WBL is a U.S.-based company with a 100% remote workforce.

  • This is a remote Contractor position.
  • Working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday.
  • The job requires excellent oral and written command of the English language. Resumes must be submitted in English.

Position Summary:

  • The Payroll Analyst supports accurate and timely payroll administration for employees and contractors. This role maintains payroll records and trackers, coordinates payroll activities through ADP and Deel, reconciles payroll data, supports payroll audits and reporting, and coordinates updates related to new hires, terminations, compensation changes, bonuses, and promotions.

Typical Day-to-Day:

  • Review and process biweekly US employee payroll in ADP Workforce Now.
  • Coordinate with Finance and People Department on payroll-related matters.
  • Investigate payroll discrepancies and resolve issues.
  • Maintain payroll trackers and employee records.
  • Review new hires, terminations, salary changes, bonuses, and commissions.
  • Reconcile payroll reports between ADP, Deel, and Excel.
  • Review payroll invoices and reconcile payment amounts.
  • Coordinate monthly international contractor payroll through Deel.

Core Responsibilities:

  • Coordinate monthly contractor payroll activities, including reviewing invoices for payment in Deel and maintaining accurate payroll trackers. 
  • Support biweekly employee payroll processing by updating employee information in ADP and maintaining payroll records and trackers. 
  • Process requested salary adjustments for international contractors and update related payroll files. 
  • Maintain employee and contractor information in ADP, Deel, Word, and Excel, including contracts, scope of work, salary, address, and other relevant records. 
  • Coordinate with payroll providers and prepare and distribute wage notices. 
  • Conduct regular payroll audits and data reviews to support accurate processing and compliance with company policies and procedures. 
  • Generate reports from Deel and ADP to reconcile payroll data on a biweekly basis and identify discrepancies. 
  • Support Finance audits and prepare monthly payroll and turnover reports for designated stakeholders. 
  • Coordinate payroll adjustments related to leave balances and terminations in accordance with company policies. 
  • Coordinate payroll processing for new hires to help ensure accurate and timely compensation beginning with their first pay cycle. 
  • Communicate cash bonus details, including the amount and expected deposit date, to employees or contractors. 
  • Track promotions and coordinate corresponding contract updates. 
  • Provide information to employees about benefits enrollment, if this responsibility remains within the scope of the role. 
  • Contribute to the development and improvement of payroll policies, procedures, and controls.

Requirements
  • Education:
    • Bachelor's degree in Accounting, Finance, Business Administration, Human Resources or a related field preferred. 
  • Experience:
    • 2–4 years of experience in payroll, accounting, or a related HR/Finance function preferred.

    • Experience with employee payroll processing and contractor payment administration.

    • Hands-on experience with ADP and Deel preferred.

    • Knowledge of US payroll processing, payroll cycles, taxes, deductions, benefits, and reconciliations.

    • Experience handling international contractor payments is an advantage.

    • Proficiency in Microsoft Excel and maintaining accurate records, reports, and trackers.

    • Understanding of payroll documentation and reconciliation procedures.

    • Strong attention to detail and ability to handle confidential payroll and compensation information.

    • Excellent organizational, communication, and follow-up skills.

    • Ability to manage multiple priorities and meet strict, recurring payroll deadlines.

    • Excellent written and verbal English communication skills.

Technical Skills Required: 

  • US payroll processing
  • Payroll taxes, deductions, and benefits
  • Payroll reconciliation and reporting
  • Advanced Microsoft Excel (VLOOKUP, Pivot Tables, Formulas)
  • Payroll systems (ADP Workforce Now, Deel)

Essential Soft Skills: 

  • Attention to detail
  • Accuracy and organization
  • Analytical and problem-solving skills
  • Time management
  • Confidentiality and discretion
  • Communication and coordination
  • Accountability and ability to work independently. 

Benefits

What We Offer

💰 Compensation in USD.

🏖️ Benefits include paid time off (PTO).

🌍 Work Environment: Fully remote work environment.

Ready to Apply?
  • If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply!

Skills Required

  • Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, or a related field
  • 2-4 years of experience in payroll, accounting, or a related HR or Finance function
  • Experience with employee payroll processing and contractor payment administration
  • Hands-on experience with ADP and Deel
  • Knowledge of US payroll processing, payroll cycles, taxes, deductions, benefits, and reconciliations
  • Experience handling international contractor payments
  • Proficiency in Microsoft Excel and maintaining accurate records, reports, and trackers
  • Understanding of payroll documentation and reconciliation procedures
  • Strong attention to detail and ability to handle confidential payroll and compensation information
  • Excellent organizational, communication, and follow-up skills
  • Ability to manage multiple priorities and meet strict, recurring payroll deadlines
  • Excellent written and verbal English communication skills
  • Advanced Microsoft Excel skills, including VLOOKUP, Pivot Tables, and formulas
  • Payroll reconciliation and reporting experience
  • Ability to work independently with accountability, discretion, accuracy, and strong time management
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The Company
HQ: Jersey City, NJ
252 Employees
Year Founded: 2011

What We Do

At World Business Lenders (WBL) Our motto, 'We Lend. You Grow'​ is simple, yet powerful. We make working capital available to eligible businesses for expansion and growth. WBL was founded by a seasoned team of entrepreneurs with strong track records of launching, financing and growing successful small businesses. We understand what businesses need in terms of working capital, and are well-aware of how little is actually available for small businesses in the current marketplace. WBL understands how additional working capital can help you navigate your business to maximum success. Our unique approach to lending makes your business the focal point for loan decisions. Instead of concentrating on personal assets and a business owner's credit score, we believe the history and financial performance of your business should outweigh all other factors in our decision making process. WBL bases each loan decision on your business’s ability to make affordable daily payments to satisfy the loan. While there are many challenges small business owners face, WBL believes access to working capital shouldn't be one of them. WBL's sole focus is making loans to small businesses. This is all we do! We Lend. You Grow.

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