Hyundai America Technical Center - Superior Charter Township, MI
posted 6 days ago
Full-time - Mid Level
Superior Charter Township, MI
Professional, Scientific, and Technical Services
About the position
The Compensation & Payroll Coordinator at Hyundai America Technical Center, Inc. (HATCI) is responsible for managing and supporting the compensation strategy and payroll functions across multiple locations. This role involves ensuring accurate and timely employee compensation, analyzing current compensation packages, and collaborating with the HR team to enhance the overall compensation strategy. The Coordinator will also handle payroll processing, compliance with laws, and maintain relationships with stakeholders to ensure competitive compensation practices.
Responsibilities
- Structure and define HATCI's compensation strategy.
- Analyze current compensation strategy and provide recommendations for enhancement and improvement to maintain competitiveness in the market.
- Ensure compensation policies are consistent and compliant.
- Research and report on external benchmarking data to ensure compensation equity.
- Maintain local and global relationships with internal and external stakeholders to align on compensation strategy.
- Develop systems to process payroll account transactions (e.g. salaries, benefits, garnishments, deductions, taxes and third-party payments).
- Coordinate timekeeping and payroll systems.
- Oversee processing of payroll changes (e.g. new hires, terminations, raises) and system upgrades.
- Ensure compliance with relevant laws and internal policies.
- Supervise and coach payroll clerks and assistants.
- Liaise with auditors and manage payroll tax audits.
- Process other financial compensations or deductions (e.g. annual bonuses, severance pay, taxes, worker's compensation).
- Handle benefit expenses, like insurance fees or paid leave.
- Produce reports to upper management upon request.
- Answer employee questions or complaints about salaries and payments.
- Work with authorities (e.g. IRS) on audits or requests.
- Work directly with Payroll System support to ensure all transactions are handled in a timely manner.
- Collaborate with all administrative staff to ensure all payroll records are accurately reflected.
- Handle any off-cycle payroll transactions.
- Process exempt & Non-exempt payroll information as monthly or Bi-weekly payroll.
Requirements
- Bachelor's degree in accounting, finance, Business Administration, Human Resources or relevant fields.
- Proven experience as a payroll coordinator or similar role.
- 7-10 years of related experience.
- Familiarity with payroll software/ HRIS (e.g. SAP, ADP, Kronos) and MS Office (especially Excel).
- Excellent attention to detail.
- Strong communication skills.
Nice-to-haves
- Knowledge of Fair Labor Standards Act (FLSA) and Employee Retirement Income Security Act (ERISA) regulations, and other applicable federal, state, and local laws governing compensation.
- Knowledge of compensation and wage structure.
- Familiarity with human resource management software (SAP).
- Excellent understanding of multi-location payroll and taxes.
- Analytical research skills.
- Experience defining and implementing comprehensive compensation strategies.
- Comfort with use and analysis of external benchmarking data for compensation comparison.
Benefits
- Zero-dollar employee premiums on Medical, dental, and vision for you and your family.
- 100% employer-paid disability and Life insurance.
- Generous paid Time Off including vacation, sick, and abundant holidays.
- A Global Environment that fosters diversity.
- Competitive Salaries.
- Retirement savings and planning benefits.
- Flexible work hours, and hybrid work schedule options.
- Access to Health savings accounts and flexible spending accounts.
