Bachelor's degree in finance, human resources, accounting, or related field.
Advanced Excel skills, including modeling, formulas, and pivot tables.
Experience with HRIS or compensation software, particularly V-look-up and pivot tables.
Strong analytical skills for identifying performance drivers and interpreting trends.
Exceptional attention to detail in data entry and calculations.
Experience with payroll systems like ADP and Microsoft Office Suite.
Strong understanding of payroll regulations and compliance.
Responsibilities
Participate in salary surveys and analyze market trends for competitive pay.
Assist with the merit increase process and develop input sheets.
Conduct equity analyses to ensure pay fairness and compliance with labor laws.
Clean and analyze data from ATS, payroll, and employee surveys to identify patterns.
Develop HR dashboards and KPIs to track workforce metrics.
Provide strategic insights on recruitment effectiveness and employee engagement.
Process payroll bi-weekly, including calculating wages and deductions.
Full Job Description
JOB DESCRIPTION
Title: Payroll and Compensation Analyst
Location: Burbank, CA (hybrid)
Compensation: $85,000 - $100,000
JOB SUMMARY
Compensation Analysis: Participate in salary surveys, analyze market trends, and benchmark jobs internally and externally to determine competitive pay.
Merit Increase: Assist with merit increase process; develop input sheets.
Data Analysis & Compliance: Conduct equity analyses to ensure pay fairness and ensure compliance with federal and state labor laws.
Data Analysis & Reporting: Cleaning and analyzing data from ATS (Applicant Tracking Systems), payroll, and employee surveys to identify patterns in turnover, hiring, and performance.
Metric Development: Developing HR dashboards, key performance indicators (KPIs), and visualizations to track workforce metrics.
Strategic Insights: Providing insights for HR leaders on recruitment effectiveness, employee engagement, and potential risks.
Process Improvement: Using findings to recommend optimizations for recruiting, training, and talent management.
Payroll Processing: Processes payroll on regular cycles (bi-weekly) including calculating wages, overtime, and deductions. Benefits billing reconciliation and processing bank wires.
Compliance & Tax: Ensures compliance with federal, state, and local tax laws, and prepares year-end filings.
Reporting: Prepares payroll reports for finance and HR and assists with audits.
Requirements
Education: A bachelor's degree in finance, human resources, accounting, or a related field is typically required.
Technical Proficiency: Advanced Excel skills (modeling, formulas, pivot tables) and experience with HRIS or compensation software. Proficiency in V-look-up and pivot tables is required.
Analytical Skills: Strong ability to identify performance drivers, interpret trends, and perform variance analysis.
Detail-Oriented: Exceptional accuracy in data entry and calculations.
Software Proficiency: Experience with payroll systems (e.g., ADP) and Microsoft Office Suite.
Confidentiality: Ability to handle sensitive financial and personnel information.
Knowledge: Strong understanding of payroll regulations, tax laws, and compliance.
Communication: Clear verbal and written skills to explain pay details to employees.
