Payroll & Benefits Specialist

Description

Park Bank is seeking a detail-oriented, organized, & experienced professional to join our Human Resources team as a Payroll & Benefits Specialist. This critical role is responsible for administering payroll and benefits programs, ensuring accuracy, compliance, and an exceptional associate experience. As a member of our high-performing, collaborative HR team, the Payroll & Benefits Specialist partners with leaders, associates, vendors, and Finance to deliver operational excellence and support Park Bank’s strategic HR goals.

The Payroll & Benefits Specialist is the primary resource for payroll processing, benefits administration, HR systems data integrity, and associate inquiries. You thrive in a shifting environment, can pivot and adjust when needed, bring strong analytical skills, and are passionate about helping Park Bank attract, retain, and reward top talent. You take initiative, proactively identify process improvements, and enjoy turning ideas into impactful programs that support associate well-being and organizational success.

Requirements

Payroll Administration

• Process and administer bi-weekly payroll accurately and timely
• Maintain payroll records and ensure compliance with wage and hour regulations
• Review and audit payroll data including new hires, terminations, promotions, salary adjustments, benefit deductions, garnishments, and tax withholding changes
• Reconcile payroll reports and resolve discrepancies
• Administer paid time off, holiday pay, leave pay, and other earnings/deductions
• Process year-end payroll activities including W-2 preparation and distribution
• Respond to associate questions regarding payroll procedures
• Support payroll-related audits and regulatory examinations
• Maintain payroll policies, procedures, and documentation
• Generate payroll and labor cost reports for leadership and Finance
• Recommend process improvements to enhance payroll accuracy and efficiency

Benefits Administration

• Administer health, dental, vision, life, disability, retirement, wellness, and voluntary benefit programs
• Lead annual open enrollment activities, communications, and associate education
• Serve as the primary point of contact for associate benefit questions and issue resolution
• Process benefit enrollments, changes, terminations, and qualifying life events
• Maintain benefit eligibility and dependent verification records
• Coordinate with benefit carriers, brokers, and third-party administrators
• Assist with retirement plan administration
• Monitor vendor performance and escalate issues when necessary

Compensation & Leave Administration

• Maintain salary grades, job codes, and compensation-related data within HRIS and Salary.com
• Prepare compensation analyses and reports for HR leadership and management
• Support annual merit increase, market adjustment, and incentive compensation processes
• Administer FMLA, ADA accommodations, parental leave, military leave, and other leave programs
• Coordinate with associates, managers, payroll, and third-party administrators regarding leave requests
• Ensure proper documentation and compliance with applicable regulations

Compliance & Reporting

• Assist with compliance related to ERISA, COBRA, ACA, HIPAA, FMLA, and other applicable regulations
• Support preparation of required benefit and compensation reporting
• Maintain personnel records and documentation in accordance with legal requirements
• Assist with audits and regulatory examinations as needed
• Ensure confidentiality and security of compensation and benefit information

HR Operations Support

• Maintain compensation and benefits data integrity within HRIS and Salary.com
• Generate workforce, compensation, and benefits reports and analytics
• Develop and update associate communications, guides, and FAQs
• Support HR projects, process improvements, and system enhancements
• Assist with onboarding and offboarding activities related to payroll and benefits

Qualifications

Required Education and Experience

• Associate’s degree or equivalent work experience in Business, HR, or related field
• Minimum 5+ years of payroll administration experience
• Minimum 5+ years of benefits administration experience
• Excellent attention to detail and analytical skills
• Strong verbal and written communication skills

Preferred Education and Experience

• Experience with Paylocity HRIS
• Experience in a financial institution
• Experience conducting training sessions

Additional Eligibility Requirements

• Commitment to confidentiality and compliance
• Ability to work independently and collaboratively in a fast-paced environment

Why Work for Park Bank?

• Robust Benefit Package Including Medical, Dental, Vision, etc.
• Four Different Benefit Packages to Choose What Fits Your Needs Best
• 10 Paid Holidays (Including Your Birthday)
• PTO That Increases Each Year of Service
• Generous 401K Company Match
• Wellness Reimbursement Program
• Associate Resource Groups (ARGs)
• Eligibility to participate in Bank-wide Bonus Program
• Hybrid Work Schedule Available
• And more!