Payroll & Benefits Specialist

Soros Fund Management•New York, NY

5d•$150,000 - $200,000

About The Position

We are seeking a detail-oriented and highly organized Payroll & Benefits Specialist to serve as Workday specialist within Finance, manage and administer payroll processes and employee benefits programs. This role ensures accurate and timely payroll processing, compliance with federal and state regulations, and effective benefits administration while delivering excellent employee support with HR team.

Requirements

10+ years of payroll and benefits administration experience
Strong communication and organization skills
High attention to detail and strong analytical skills
Ability to work independently and collaborate across teams
Experience in Workday is required

Nice To Haves

Experience working in financial services is preferred

Responsibilities

Process semi-monthly payroll for ~230 employees accurately and on time (including monthly international locations)
Partner with Finance and HR to administer year-end bonus payroll, ensuring timely and accurate processing of performance-based and discretionary compensation payments
Oversee the timing and processing of vesting compensation and ad hoc payments (e.g., sign-on bonuses)
Maintain payroll records and ensure compliance with federal, state, and local regulations
Work with external vendors to manage payroll tax filings, wage garnishments, deductions, and year-end reporting (W-2s, 1095-Cs, etc.)
Administer health, dental, vision, retirement, and other employee benefit programs
manage new hire enrollments, life events, and open enrollment processes
Assist employees with benefits questions and claims resolution
Serve as primary liaison with benefit vendors and brokers
Prepare payroll and benefits, budget reports for leadership
Support audits and ensure documentation accuracy
Stay updated on regulatory changes impacting payroll and benefits