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Payroll Analyst at World Business Lenders, LLC · globalremotely

About World Business Lenders (www.wbl.com)

World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.
WBL services its loan portfolio and loan portfolios for third parties, specializing in the management of non-performing loan pools and REO.

WBL is a U.S.-based company with a 100% remote workforce.

This is a remote Contractor position.
Working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday.
The job requires excellent oral and written command of the English language. Resumes must be submitted in English.

Position Summary:

The Payroll Analyst supports accurate and timely payroll administration for employees and contractors. This role maintains payroll records and trackers, coordinates payroll activities through ADP and Deel, reconciles payroll data, supports payroll audits and reporting, and coordinates updates related to new hires, terminations, compensation changes, bonuses, and promotions.

Typical Day-to-Day:

Review and process biweekly US employee payroll in ADP Workforce Now.
Coordinate with Finance and People Department on payroll-related matters.
Investigate payroll discrepancies and resolve issues.
Maintain payroll trackers and employee records.
Review new hires, terminations, salary changes, bonuses, and commissions.
Reconcile payroll reports between ADP, Deel, and Excel.
Review payroll invoices and reconcile payment amounts.
Coordinate monthly international contractor payroll through Deel.

Core Responsibilities:

Coordinate monthly contractor payroll activities, including reviewing invoices for payment in Deel and maintaining accurate payroll trackers.
Support biweekly employee payroll processing by updating employee information in ADP and maintaining payroll records and trackers.
Process requested salary adjustments for international contractors and update related payroll files.
Maintain employee and contractor information in ADP, Deel, Word, and Excel, including contracts, scope of work, salary, address, and other relevant records.
Coordinate with payroll providers and prepare and distribute wage notices.
Conduct regular payroll audits and data reviews to support accurate processing and compliance with company policies and procedures.
Generate reports from Deel and ADP to reconcile payroll data on a biweekly basis and identify discrepancies.
Support Finance audits and prepare monthly payroll and turnover reports for designated stakeholders.
Coordinate payroll adjustments related to leave balances and terminations in accordance with company policies.
Coordinate payroll processing for new hires to help ensure accurate and timely compensation beginning with their first pay cycle.
Communicate cash bonus details, including the amount and expected deposit date, to employees or contractors.
Track promotions and coordinate corresponding contract updates.
Provide information to employees about benefits enrollment, if this responsibility remains within the scope of the role.
Contribute to the development and improvement of payroll policies, procedures, and controls.

Requirements

Education:

Bachelor's degree in Accounting, Finance, Business Administration, Human Resources or a related field preferred.

Experience:

2–4 years of experience in payroll, accounting, or a related HR/Finance function preferred.
Experience with employee payroll processing and contractor payment administration.
Hands-on experience with ADP and Deel preferred.
Knowledge of US payroll processing, payroll cycles, taxes, deductions, benefits, and reconciliations.
Experience handling international contractor payments is an advantage.
Proficiency in Microsoft Excel and maintaining accurate records, reports, and trackers.
Understanding of payroll documentation and reconciliation procedures.
Strong attention to detail and ability to handle confidential payroll and compensation information.
Excellent organizational, communication, and follow-up skills.
Ability to manage multiple priorities and meet strict, recurring payroll deadlines.
Excellent written and verbal English communication skills.