Sr. Payroll Specialist (Portland, OR Hybrid)

M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals' expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years. M's solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.

We embrace a progressive, dynamic mindset for every role. M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. If you're looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Payroll Specialist to join our team.

We are seeking an experienced Sr Payroll Specialist to join our team. In this role, you would be responsible for processing biweekly payroll for our employees, ensuring accuracy and compliance with federal, state, and local regulations. Additionally, this role will partner with HR to strengthen the compensation structure. The ideal candidate will have experience in payroll processing and compensation structures, a strong attention to detail, and excellent communication skills.

RESPONSIBILITIES

• Process biweekly payroll for employees using UKG, including collecting timesheet data and payroll information
• Performs all end of year payroll reporting and processing including W2 and other yearend functions
• Ensure accuracy of payroll data, including salary, wages, deductions, and benefits
• Calculate and process payroll taxes, including federal, state, and local taxes
• Prepares and executes the annual salary review and bonus programs
• Ensure compliance with federal, state, and local regulations related to payroll processing and wage/hour regulations
• Respond to employee inquiries related to payroll, deductions, and benefits
• Maintain accurate records of payroll transactions and employee data, including the position control process (PCN)
• Maintains HRIS payroll and compensation modules to ensure accurate processing, reporting, organizational structure, updates, and SOCs to ensure efficient and compliance payroll and compensation functions
• Generate and/or prepare financial information and reports for internal and external stakeholders
• Reconcile payroll accounts and resolve discrepancies
• Preparing and distributing pay and total compensation statements
• Respond to unemployment claims
• Advises HR partners with job leveling, salary administration and bonus targets
• Performs 401(k) reporting, required testing, and collaborates with Benefits for the annual 401(k) audit
• Collaborates with other HR functions to support the maintenance of the corporate compensation structure
• Provides backup support for benefits and HRIS functions
• Additional tasks as assigned or required

QUALIFICATIONS

• High School diploma or GED required, a Bachelor's degree in Accounting, Finance, or related field preferred
• 3+ years of experience in payroll processing or similar role
• Strong grasp of payroll processes in a multi-state environment, including garnishment and benefits
• Working knowledge of compensation practices, including salary structure evolution and administration
• Knowledge of federal, state, and local payroll laws and regulations
• Working knowledge of basic accounting principles
• Strong command of working with payroll software and HRIS systems (UKG preferred)
• Exceptional attention to detail and accuracy
• Excellent communication and interpersonal skills
• Ability to handle confidential information with discretion
• High numerical aptitude including Excel, mathematical and calculation skills
• Strong organizational and time-management skill

JOB CONDITIONS AND ENVIRONMENT

• Hybrid work environment in Portland, OR. Tues/ Wed required in office, with at least one -two additional days in office
• Normal office environment/desk assignment
• Extensive use of PC's, computer terminal, display, keyboard, and mouse
• Extensive hands-on work with documents, spreadsheets, and other written documents

This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position's activities and requirements, management reserves the right to modify, add or remove duties as necessary.

M Financial is proud to be an equal opportunity workplace.