Full-Time

Payroll Administrator

Posted on 1/15/2025

TIH

TIH

201-500 employees

Fintech
Financial Services

Mid, Senior

Charlotte, NC, USA

Category
Payroll Accounting
Accounting
Requirements
  • Associate’s degree or equivalent education/training in a related field (HR, Accounting preferred)
  • 3+ years of experience in payroll processing, with a strong understanding of payroll principles, tax regulations, and deductions
  • Experience using Workday Payroll and ADP SmartCompliance required
  • Experience with ACH payment processing and resolving rejections
Responsibilities
  • Process all aspects of payroll, including on-cycle, off-cycle, mid-month, month-end, bonuses, and international payrolls, ensuring adherence to all TIH policies, IRS regulations, and final pay state laws
  • Utilize Workday to process payroll, manage deductions (including 401k contributions), calculate retro pay, and perform earnings reconciliation
  • Assist with calculating standard overtime and FLSA OT rates
  • Employ Enterprise Interface Builders (EIB) to upload variable pay elements and wage adjustments, validating data integrity
  • Review terminations accurately and timely, including calculating final pay and adhering to separation pay regulations
  • Resolve payroll discrepancies by collecting and analyzing information, ensuring accurate data for all stakeholders
  • Assist with a wide variety of controls and audit functions to safeguard the integrity of payroll information
  • Maintain comprehensive payroll records in electronic and paper formats for audit purposes
  • Communicate effectively with internal and external clients, addressing inquiries with payroll and accounting expertise
  • Partner with team members to identify and implement efficiencies within the payroll process
  • Participate in testing for Workday upgrades and configuration changes
  • Answer questions from employees and/or supervisors regarding payroll
  • Create and maintain SOPs as needed for current and new processes

Company Stage

Acquired

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1922

Simplify Jobs

Simplify's Take

What believers are saying

  • TIH can leverage increased investment in digital transformation and technology adoption.
  • The rise of InsurTech partnerships offers TIH opportunities for innovation.
  • TIH can capitalize on the growing emphasis on personalized insurance products.

What critics are saying

  • Increased competition from private equity-backed firms could pressure TIH's market share.
  • Integration of new technologies may lead to operational disruptions or increased costs.
  • Regulatory scrutiny on private equity ownership could increase compliance costs.

What makes TIH unique

  • TIH is the fifth largest insurance brokerage in the United States.
  • TIH benefits from strong investor backing by Stone Point Capital and CD&R.
  • TIH maintains a diversified portfolio of top-performing businesses.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Spending Account

Health Savings Account

Employee Assistance Program

Unlimited Paid Time Off

Hybrid Work Options