Payroll & Benefits Coordinator

BettermentNew York, NY
$70,000 - $83,000Hybrid

About The Position

As Payroll & Benefits Coordinator, you will be responsible for supporting on-time payroll processing and effective benefits administration. We are seeking someone detail-oriented to support semi-monthly payroll, ensuring accuracy in all areas while meeting and applying all payroll controls accordingly. Reporting to the Sr. Manager, Payroll & Benefits, you’ll partner closely with the People team to ensure data integrity and support payroll and benefits cycles. You will also serve as a key resource to our employees, efficiently and effectively answering any payroll and benefits questions on a timely basis. This is a salaried, non-exempt role that is based out of our NYC office.

Requirements

  • 1-2 years of experience in payroll processing and benefits administration
  • Hands-on experience in ADP or comparable HRIS
  • Familiarity with employment laws, leave regulations, and benefits compliance
  • Proficiency in Excel / Google Sheets and comfort with HR technology
  • Excellent attention to detail, organization, and follow-through
  • Strong communication and customer service skills are a must
  • Ability to handle confidential data professionally and with discretion

Responsibilities

  • Prepare semi-monthly payroll for exempt and non-exempt employees, ensuring accuracy and timeliness
  • Review and reconcile timesheets, PTO balances, and payroll data inputs prior to each pay run
  • Process payroll adjustments including new hires, terminations, pay changes, garnishments, and voluntary deductions
  • Support preparation of year-end payroll activities including W-2 distribution and reconciliation
  • Respond to employee inquiries about pay, deductions, and paycheck reconciliation in a timely and professional manner
  • Administer employee benefits programs including health, dental, vision, life insurance, 401(k), FSA/HSA, and wellness offerings
  • Coordinate open enrollment periods — prepare communications, host informational sessions, and guide employees through elections
  • Process enrollments, qualifying life event changes, and terminations with insurance carriers and benefit platforms
  • Reconcile monthly benefit invoices and coordinate with Finance to ensure accurate payroll deductions
  • Serve as a first point of contact for employee questions about coverage, eligibility, and claims
  • Maintain accurate and confidential employee records in the HRIS and payroll system
  • Assist with compliance filings and reporting, including ACA, COBRA, ERISA, and state/local requirements
  • Support audits of payroll and benefits data to ensure data integrity
  • Monitor and track FMLA and leave of absence documentation in partnership with the HR team
  • Partner with HR Business Partners, Finance, and People Operations on projects and process improvements
  • Assist with onboarding new hires by conducting benefits orientations and ensuring timely enrollment
  • Generate standard and ad hoc payroll and benefits reports for internal stakeholders

Benefits

  • medical, dental, and vision coverage
  • life and AD&D insurance
  • short- and long-term disability
  • infertility support and WPATH-aligned transgender health benefits
  • an Employee Assistance Program (EAP)
  • transit benefits
  • FSA and HSA options
  • Equity for all employees, including new hire and refresher grants
  • Flexible paid time off
  • paid parental leave
  • a fully paid four-week sabbatical in your sixth year
  • Company-paid professional coaching for all employees
  • Day-one 401(k) match plus matching on qualified student loan payments
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