Payroll and Benefits Accounting Analyst

TAGHLEEF INDUSTRIES•Newark, DE

About The Position

The Payroll and Benefits Accounting Analyst is responsible for overseeing payroll processing, benefits administration, and related accounting functions. This position ensures accurate and timely payroll for all employees, maintains compliance with federal and state laws, reconciles payroll and benefit accounts, and supports HR and Finance teams with reporting and audits. The ideal candidate is detail-oriented, analytical, and experienced in managing confidential employee data within an HRIS or payroll system.

Requirements

Bachelor’s degree in accounting, Finance, or Human Resources preferred.
3–5 years of experience in payroll and benefits administration or accounting.
Strong understanding of payroll laws, ERISA, and benefits compliance.
Proficiency in HRIS and payroll systems (e.g., ADP, Workday, SAP, or Paycom).
Advanced Excel and data reconciliation skills.
High attention to detail, accuracy, and confidentiality.

Responsibilities

Process payroll on a monthly schedule for all DE employees, including salaried, hourly, and temporary staff.
Accurately calculate and process wages, bonuses, commissions, and overtime.
Process all employee deductions, including taxes, retirement contributions, and benefit premiums.
Ensure timely processing of special payrolls such as leaves of absence and terminations.
Prepare and issue year-end tax forms (e.g., W-2s) and related filings.
Manage employee benefits programs, including medical, dental, vision, life insurance, and retirement plans.
Reconcile monthly benefit invoices for accuracy and process payments.
Manage 401(k) plan funding, ensuring compliance with ERISA and IRS regulations.
Coordinate annual non-discrimination testing and audit support.
Serve as liaison with external vendors, recordkeepers, and investment managers to resolve issues.
Audit and monitor benefit enrollment and contribution data for accuracy
Perform periodic audits of payroll and benefits data for accuracy and compliance.
Reconcile payroll and benefit liability accounts with the general ledger.
Prepare journal entries for payroll, benefits, and tax liabilities for month-end close.
Generate comprehensive payroll and benefit reports for management and auditors.
Maintain current knowledge of federal, state, and local payroll and tax laws.
Ensure confidentiality and security of all payroll and employee data.
Collaborate with HR and Finance to ensure accurate employee record updates.
Document and maintain all payroll and benefits-related processes and procedures.

Benefits

paid time off
paid holidays
health/prescription, dental and vision insurance
both short and long-term disability coverage
basic life insurance
additional life insurance amounts available including spouse and dependent child coverage through payroll deductions
flexible spending accounts
company funded heath savings accounts
fitness reimbursement
tuition assistance
401(k) with a company match