Payroll & Benefits Coordinator at Betterment | NY, US | Rezi

Payroll & Benefits Coordinator at Betterment

Payroll & Benefits Coordinator

Betterment · NY, US

3 weeks ago

Payroll & Benefits Coordinator

Betterment · NY, US

a month ago
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About the Role

Support semi-monthly payroll processing and effective benefits administration. Ensure accuracy in all areas while meeting and applying all payroll controls. Partner closely with the People team to ensure data integrity and support payroll and benefits cycles. Serve as a key resource to employees, efficiently and effectively answering payroll and benefits questions.

Responsibilities

  • Prepare semi-monthly payroll for exempt and non-exempt employees, ensuring accuracy and timeliness
  • Review and reconcile timesheets, PTO balances, and payroll data inputs prior to each pay run
  • Process payroll adjustments including new hires, terminations, pay changes, garnishments, and voluntary deductions
  • Support preparation of year-end payroll activities including W-2 distribution and reconciliation
  • Respond to employee inquiries about pay, deductions, and paycheck reconciliation in a timely and professional manner
  • Administer employee benefits programs including health, dental, vision, life insurance, 401(k), FSA/HSA, and wellness offerings
  • Coordinate open enrollment periods — prepare communications, host informational sessions, and guide employees through elections
  • Process enrollments, qualifying life event changes, and terminations with insurance carriers and benefit platforms
  • Reconcile monthly benefit invoices and coordinate with Finance to ensure accurate payroll deductions
  • Serve as a first point of contact for employee questions about coverage, eligibility, and claims
  • Maintain accurate and confidential employee records in the HRIS and payroll system
  • Assist with compliance filings and reporting, including ACA, COBRA, ERISA, and state/local requirements
  • Support audits of payroll and benefits data to ensure data integrity
  • Monitor and track FMLA and leave of absence documentation in partnership with the HR team
  • Partner with HR Business Partners, Finance, and People Operations on projects and process improvements
  • Assist with onboarding new hires by conducting benefits orientations and ensuring timely enrollment
  • Generate standard and ad hoc payroll and benefits reports for internal stakeholders

Requirements

  • 1-2 years of experience in payroll processing and benefits administration
  • Hands-on experience in ADP or comparable HRIS
  • Familiarity with employment laws, leave regulations, and benefits compliance
  • Proficiency in Excel / Google Sheets and comfort with HR technology
  • Excellent attention to detail, organization, and follow-through
  • Strong communication and customer service skills are a must
  • Ability to handle confidential data professionally and with discretion

Skills

  • Payroll processing
  • Benefits administration
  • ADP or comparable HRIS
  • Excel / Google Sheets
  • HR technology
  • Attention to detail
  • Organization
  • Follow-through
  • Communication
  • Customer service
  • Confidential data handling

Location

  • NYC
  • New York City

Work Type

  • Hybrid
  • Salaried
  • Non-exempt

Experience Level

  • 1-2 years

Salary/Compensations

  • $70,000 - $83,000

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Life insurance
  • AD&D insurance
  • Short-term disability
  • Long-term disability
  • Infertility support
  • WPATH-aligned transgender health benefits
  • Employee Assistance Program (EAP)
  • Transit benefits
  • FSA options
  • HSA options
  • Equity for all employees
  • Flexible paid time off
  • Paid parental leave
  • Four-week sabbatical in sixth year
  • Company-paid professional coaching
  • Day-one 401(k) match
  • Matching on qualified student loan payments

About the Company

  • Betterment is a leading, technology-driven financial services company that offers investing, savings and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses.
  • Our team is passionate about our mission, to empower people to build wealth with confidence and ease.
  • We change lives
  • Be a part of a community of innovators working to transform financial outcomes for real people. Your work will make an impact, always laddering up to our mission; to empower people to build wealth with confidence and ease.
  • We set audacious goals
  • We set them for the company, our customers, and ourselves, and we won’t stop until we reach them. We don’t just show up; we give our all, then celebrate our wins.
  • We value all perspectives
  • When we collaborate, we're at our best. We believe diverse perspectives lead to better outcomes and strive to uphold our supportive and inclusive community.
  • We simplify financial services
  • We’re financial services pioneers, always finding new ways to improve, optimize, and enhance. Constant improvement is in our DNA.

Equal Opportunity

  • We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.