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Company: Valley Bank
Location: Morristown, NJ
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Processes the eTime hours file for the subsidiary companies. Compiles general ledger entries for assigned subsidiary companies.
  • Administers special payments including referrals, commission payments, sign-on bonuses and retroactive pay calculations.
  • Audits new hire information and sets up tax profiles accordingly. Performs audit on time and labor management profile and makes any necessary changes.
  • Reviews timecards for accuracy and communicates with employees and managers regarding inconsistencies or missing information.
  • Reviews and approves all employee self-service submissions for direct deposit and tax changes. Reviews and approves all non-monetary submissions from managers for employee job related changes. Approves termination submissions, reviews final timecards and calculates vacation payout.
  • Serves as point of contact for unemployment claims. Monitors claim information and communicates with People Resources Partners for support and documentation. Responds to unemployment compensation inquiries in a timely manner.
  • Generates payroll reports for timecard punches, overtime, special payments made, etc.
  • Responds to requests for payroll related reports from the People Resources team and managers throughout the bank.
  • Reviews state regulations and recommends modifications needed to our processes.


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