Payroll Specialist - Remote

  • Full-time

Company Description

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Working together with other reputable companies in the financial services industry, we are moving into exciting new directions for the reverse mortgage business and anticipate rapid expansion offering many opportunities for personal and professional growth.

Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward.  In fact, we are now a top 3 reverse mortgage lender.

Why work with us?

At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee.  We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential.  Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

Job Description

Longbridge is excited to be adding a Payroll Specialist to our existing Human Resources (HR) Department. This newly created role will be a remote position, reporting into our HR Manager. This role does require 2-3 years of ADP payroll experience.

The Payroll Specialist is responsible for the processing and timely delivery of semi-monthly payrolls. The Payroll Specialist uses and understands the LBF payroll system (ADP) to accurately pay employees in compliance with federal and state laws and regulations, such as the Internal Revenue Service (IRS) and Fair Labor Standards Act (FLSA) rules and regulations. The Payroll Specialist helps to assure proper tax treatment, accounting, and disposition of withholdings such as taxes, deductions for benefits, retirement contributions, other savings, etc. The Payroll Specialist exercises independent judgment and discretion in planning and carrying out the details of work procedures and methods.

Primary Job Duties:

  • Collecting timesheet data and payroll information.
  • Entering data into payroll and administrative databases.
  • Process semi-monthly payroll for all employees by using electronic timesheets, leave requests, hourly wage rates and other possible adjustments for bonuses, commission, etc.
  • Manage tax and withholding records and deductions for all federal, state, local or other corporate taxes that affect payroll amounts.
  • Reconciles quarter-end and year-end tax reports.
  • Assist and answer employee and manager questions related to payroll.
  • Assist with the development of submission records for 401k and HSA.
  • Maintaining accurate records of payroll documentation and transactions.
  • Responding to payroll-related inquiries and resolving concerns.
  • Performing account balance and payroll reconciliations.
  • Preparing payroll reports for review by management and accounting.
  • Calculate and process PTO payout for terminated employees where state law applies.
  • Assist with audit requests related to payroll.
  • Track missed benefit deductions when an employee is on leave.
  • Reviews pre-processing payroll for discrepancies between employee’s payroll’s over the last quarter, documents all necessary approvals properly, and ensures consistent compliance with SOX.
  • Completes applications in multiple states in order to set up state tax IDs, ensures proper set up and accurate state tax filings as well as works with Tax Provider to resolve any issues or discrepancies.
  • Trains new approvers on timesheet and leave report approval, assists employees having trouble accessing their timesheets, and contacts employees who haven’t submitted their timesheets for processing as well as managers who need to approve employee timecards.
  • Assist the HR Operations Team with other HR related tasks

 

 

 

Qualifications

  • Previous working experience with Payroll Specialist for a minimum of 2 years.
  • BS/BA in Accounting/Business/Human Resources or similar relevant field.
  • In-depth knowledge of general accounting principles and payroll best practices.
  • Demonstrated proficiency in payroll and HRIS software, Microsoft Office Suite, and other databases.
  • Excellent verbal and written communication skills.
  • Strong analytical skills, excellent troubleshooting skills, and creative problem solving skills.
  • Ability to be self-motivated and self-directed and think and act independently while also being team oriented.
  • Good follow-up skills; the ability to understand; adaptability to process changes; and a strong sense of importance and ownership.
  • Great attention to detail and confidentiality.
  • Excellent math and numerical skills.
  • Outstanding organizational and time management skills

 

Additional Information

  • Full benefits
  • 401(k) with company match
  • Paid time off
  • Working in a growing and dynamic industry
  • LBF is an EOE