Payroll Associate II

Payroll Associate II

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

Under general supervision this position is responsible for ensuring the accurate, timely and complete processing of payroll for a multi-state, multi-company organization in the U.S. and Canada. As a member of this team the Payroll Associate II will ensure proper audits and controls are maintained, provide timely and accurate financial information and support company operations by providing superior customer service.

Major Responsibilities:

• Perform daily payroll department functions utilizing established operating procedures.
• Follow prescribed auditing procedures to ensure all transactions are processed accurately and timely.
• Follow prescribed control procedures to ensure accurate reporting of payroll data.
• Validate accuracy of payroll through extensive pre & post transmission audit procedures.
• Establish & maintain multi-jurisdictional taxing profiles in accordance with Federal, State and Local statutes.
• Assist associates with direct deposit accounts.
• Audit associate timecards
• Provide payroll data for 401K & FSA wire transfers.
• Validate associate health and welfare benefit deductions.
• Process supplemental & incentive payments.
• Execute relocation payments and inclusion in income.
• Process wage garnishments ensuring compliance with Federal & State regulations.
• Perform gross up calculations for Award programs.
• Process employee Auto Allowance Imputed, Purchase Program, Total Fit, Commuter, Fitness, Lifestyle & Student Loan programs.
• Develop and maintain standard operating procedures.
• Continuously strive for improvements by seeking new and improved ways of accomplishing tasks more efficiently and effectively.
• Identify payroll system utilization improvements.
• Provide external reporting in compliance with federal, state, and regulatory requirements for various miscellaneous reporting distribute as needed.
• Provide customer service to associate population and strategic partners.
• Participate in cross functional collaborative meetings to enhance daily operations support.
• Perform extensive year-end audit reviews of W2's.
• Process fringe benefit entries at year end.

Canada Responsibilities:

• Update taxable benefit entries for Canadian associates.
• Identify and ensure proper application of various taxing limits and adherence to Canadian statutes.
• Prepare Canadian Associate ROE's.
• Work with Canada revenue agency/Revenue Quebec to resolve issues.
• Perform WSIB & EHT reconciliations.
• Perform extensive year-end audit reviews of T4's & Releve1.

Requirements for Success:

• Associates degree in a business field or equivalent experience.
• Minimum of five years payroll/accounting experience in the U.S. and Canada with a focus on internal controls.
• Excellent computer and analytical skills including advanced Microsoft Excel for preparation of moderately complex spreadsheets.
• Good organizational skills, excellent customer service, problem solving, communication skills and the ability to work in a team environment while affecting change.
• Attention to detail and exposure to Workday.
• Possess an understanding of multi-state/multi-provincial payroll rules and regulations including taxes.

Lawrence, MA Corp Only Pay Range: $21.30 - $26.65 - $31.95 Hourly (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.)

Regular Associate Benefits

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs that encourage our associates to grow personally as they develop professionally. You'll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword it's part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced "Work from Anywhere" (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran, or any other protected status.