Payroll and Benefits Manager

LKQ Corporation-posted 3 months ago
Full-time
5,001-10,000 employees
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Join the LKQ Family! We're looking for motivated individuals to join our team at LKQ Corporation. With opportunities for growth, competitive benefits, and a supportive work environment, LKQ is the place to be. Apply now and take the first step toward a rewarding career! Responsible for end-to-end management of payroll and benefits. Ensure that employees are compensated accurately and on time, while also managing the company’s benefits program. This position will be based out of a new office in the Brentwood or Franklin, TN area.

  • Manage the day-to-day administration of employee benefits, including health insurance, retirement plans, wellness programs, leave of absence administration, and other fringe benefits.
  • Ensure accurate and timely processing of benefit enrollments, changes, and terminations.
  • Maintain a thorough understanding of federal, state, and local laws and regulations related to employee benefits.
  • Ensure the company's benefits programs comply with all legal requirements and reporting obligations.
  • Ensure compliance with all Federal and State Leave of Absence laws as well as internal practices.
  • Ensure status changes and offers/revocation of coverage are consistent with company policy and ACA requirements.
  • Responsible for ensuring 1095-c reporting is accurate and produced in a timely manner.
  • Manage relationships with benefit providers, including insurance carriers, brokers, and third-party administrators.
  • Negotiate contracts, evaluate vendor performance, and recommend changes when necessary.
  • Assist with the development and implementation of effective communication strategies to educate employees about their benefits options.
  • Provide guidance and support to employees regarding benefits-related inquiries and issues.
  • Act as the team lead for the annual Open Enrollment process.
  • Administer and promote employee assistance programs, such as wellness initiatives, employee discounts, and financial counseling services.
  • Generate regular reports on benefits utilization, costs, and trends.
  • Present findings to senior management and provide recommendations for strategic decision-making.
  • Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.
  • Manage the Payroll team to ensure accurate and timely payroll in a complex environment.
  • Create work schedules in order to meet daily, weekly and monthly deadlines.
  • Analyze and monitor the workflow of the team and restructure duties as necessary.
  • Generate multiple payroll reports for management.
  • Responsible for the management of data integrity involving the collection, update, and dissemination of employee information.
  • Administer approved policies and regulations to ensure that input and calculations are in accordance with company and governmental agency requirements.
  • Ensure internal controls are established relating to payroll records and interfacing systems.
  • Participate in process optimization.
  • Develop, recommend and implement related system and procedural changes.
  • Research and investigate all problems, corrections and changes relative to payroll.
  • Responsible for problem resolution of policy, practice, and system-related issues.
  • Interface with Accounting and Tax departments.
  • Oversee the preparation, operation and distribution of paychecks including processing time records.
  • Work closely with the HR and Payroll service provider to ensure accurate and timely payroll processing.
  • Assume other duties as assigned.
  • Bachelor's Degree or equivalent work experience.
  • 5+ years of experience in a specialized profession or equivalent; proficient in specialty, including prior senior lead/supervisor experience.
  • Experience working with multi-state payroll and benefits responsibilities with at least 4 years focused on payroll and tax compliance.
  • Prior experience with ADP, EV5, Workday, SmartCompliance, ADP Reporting.
  • Solid understanding of US labor laws, taxation rules, and benefits standard processes.
  • Certified Payroll Professional (CPP) or other relevant certification.
  • Opportunities for growth.
  • Competitive benefits.
  • Supportive work environment.
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