Payroll & Benefits Officer

Organisation
Butterfield
Reference
VAC-55111
Contract Type
Full-Time
Industries
Accounting & Finance
Location
George Town
Salary & Benefits
Date Posted
17/12/2024
Expiry Date
30/12/2024
Reporting to the AVP, HR Operations, the Payroll and Benefits Specialist will be responsible for overseeing and administering our employees’ rewards, perks and benefits for both Cayman and the Bahamas.

 

Your responsibilities will include:

  • Manage and process monthly payroll, including off-cycle payments
  • Ensure monthly payroll practices comply with all audit requirements, including SOX and local regulations
  • Manage the administration of the bank’s payroll benefit programmes, including the Employee Stock Purchase Plan
  • Prepare all monthly payroll reporting for Finance
  • Prepare documentation for employee terminations
  • Manage the administration of the bank’s health insurance, life insurance and pension plans, including enrolment, amendments, terminations, the reconciling and payment of invoices and liaising with the provider on all concerns, employee queries and reporting
  • In put and maintain employee data within the HRIS  
  • Provide assistance on projects and new initiatives  

 

About the team

Butterfield employs more than 1,300 people across 10 jurisdictions. Our HR team facilitates everything from recruitment and retention, to professional development, talent management and analytics. Our global team provides strategic insight to ensure the business has the talent it needs to grow and works to create the best possible experience for our colleagues-whether they are seasoned professionals or just starting their careers.

 

Your qualifications and skills include:

  • University degree in Accounting, Business Administration or Human Resources, or a related discipline would be advantageous
  • Minimum of 5 years relevant experience working within compensation and benefit administration, including experience of working with financial data and report preparation
  • Must have experience of running the payroll function for a mid-level organization, preferably using HR Manager software
  • Strong interpersonal skills and effective communication skills, including the ability to present programmes to employee groups and management
  • Detail  orientated with the ability to multi-task and prioritise
  • Must be results orientated and customers focused
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