Payroll Contractor
COMPANY OVERVIEW
This role is a contractor position at Global Atlantic Financial Group that will be a payroll resource employed through Magnit.
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
Watch the Global Atlantic & KKR Partnership Story
POSITION SUMMARY
The Payroll Contractor will join the Global Atlantic Payroll team to help to support and execute the company's payroll operations for approximately 1500 exempt and 300 non-exempt employees. You will ensure timely and accurate payroll processing, compliance with regulatory requirements, and provide exceptional support to our employees. This role requires strong analytical skills, attention to detail, and the ability to work under tight deadlines in a fast-paced environment. Integrity and confidentiality are critical for success, as this role requires precision, efficiency, and handling sensitive information.
RESPONSIBILITIES:
- Process bi-weekly payroll for all employees, including salary, hourly, and commission-based staff.
- Ensure accurate and timely calculation of wages, overtime, deductions, bonuses, and other compensation elements.
- Maintain and update employee payroll records, including changes in salaries, benefits, and tax withholdings.
- Verify and reconcile payroll data to ensure accuracy and completeness.
- Prepare and submit payroll tax filings, including federal, state, and local taxes.
- Equity award processing.
- Ensure compliance with all payroll-related regulations and company policies.
- Respond to employee inquiries regarding payroll deductions promptly and professionally.
- Collaborate with HR and Finance departments to streamline payroll processes and resolve any discrepancies.
- Generate and distribute payroll reports to management as needed.
- Stay current with changes in payroll laws and regulations to ensure ongoing compliance.
SKILLS:
- Proven experience as a Payroll Specialist or similar role, preferably in a fast-paced environment.
- Strong knowledge of payroll processes, tax regulations, and compliance requirements.
- Proficiency working with ADP Workforce Now and MS Office Suite, particularly Excel.
- Excellent organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
- Exceptional attention to detail and accuracy in all aspects of payroll processing.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skill.
- Ability to handle sensitive and confidential information with discretion.
EDUCATION/QUALIFICATIONS:
- Bachelor’s degree in accounting, Finance, or a related field preferred.
- Prior experience with ADP Workforce Now.
- Prior experience processing payroll for 1000-5000 employee sized organization.
- Minimum 8 years' experience in this type of role.
To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.
Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.
Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.
The base hourly range for this role is
$50-$65/hour USD
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View Global Atlantic's Privacy Statement
Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3-4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
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