Compensation and Benefits Coordinator

First Carolina Bank - Raleigh, NC

Full-time - Entry Level

Raleigh, NC

Credit Intermediation and Related Activities

About the position

The Compensation and Benefits Coordinator plays a crucial role in ensuring that employees have a supportive environment to perform their duties without concerns related to Human Resources functions. This position is responsible for managing payroll processes, maintaining personnel records, and providing customer service related to pay and benefits, while also ensuring compliance with legal and regulatory requirements.

Responsibilities

• Process payroll including timecards, deductions, taxes, bonuses, and commissions.
• Handle HR-related reconciliations on a monthly basis, including Salary Rollforward and benefits.
• Process Salary Accrual and HR insurance entries monthly.
• Manage employee change events in HR systems, including updates to direct deposits and benefits.
• Facilitate employee transfers and promotions, including necessary documentation and updates.
• Process employee terminations, including exit paperwork and interviews.
• Assist with personnel recordkeeping, including medical records and annual reviews.
• Provide customer service to employees regarding pay, benefits, and taxes.
• Assist with Leaves of Absence and employee relations matters as needed.
• Support the Annual Pay Scale Compensation and Open Enrollment build-out.
• Process HRIS records and prepare reports as assigned.
• Assist with HR audits and compliance with legal requirements.
• Participate in staff meetings and provide support across the company.

Requirements

• Bachelor's Degree and one year of clerical/administrative/internship experience, or three years of HR experience.
• Excellent written and verbal communication skills.
• Proficiency in MS Office, particularly Excel.
• Strong interpersonal and customer service skills.
• Attention to detail and strong organizational skills.
• Ability to multitask and prioritize workflow.
• Problem-solving skills and understanding of HR principles.

Nice-to-haves

• Two years of HR experience, including the use of an HRIS/ATS.
• Two years of banking experience with an understanding of bank products and services.
• Understanding of HR regulations and database management.

Benefits

• Health insurance
• 401k retirement plan
• Paid holidays
• Flexible scheduling
• Professional development opportunities