Payroll and Benefits Accounting Analyst - Newark - Taghleef Industries

    Taghleef Industries
    Taghleef Industries Newark

    1 week ago

    Description

    For more than 20 years, Taghleef Industries, Inc. has built a reputation as one of the world's largest and most recognized industry leaders in specialty BOPP (Biaxially Oriented Polypropylene) films.
    Payroll and Benefits Accounting Analyst
    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.
    Responsibilities:
    Payroll Processing and Administration

    • 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.
    Administration Benefits
    • 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
    Accounting and Reporting
    • 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.
    Compliance and Recordkeeping
    • 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.
    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.
    Taghleef is a Drug Free Workplace - Must pass pre-employment drug screen and background check.
    Taghleef offers a solid track record of growth and expansion in the food packaging industry as well as a competitive benefits package including 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 and 401(k) with a company match.

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