Manager, Payroll Benefits

🔥 0 minutes ago

🦌 Connecticut – Remote

🦌 Connecticut – Remote

💵 $107.5k - $204.5k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧾 Payroll

👻 Ghost score 0%

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RTX

WebsiteLinkedInAll Job Openings

10,000+ employees

🚀 Aerospace

🎖️ Defense

🏭 Manufacturing

💰 $200k Grant - RTX on 2024-11

Aerospace • Defense • Manufacturing

RTX is a multinational aerospace and defense company that brings together aviation and defense businesses—including Collins Aerospace, Pratt & Whitney and Raytheon—to design, manufacture and service aircraft engines, auxiliary power units, integrated aerospace systems and defense solutions. The company focuses on advancing technologies that power flight, strengthen national security and support government and commercial customers worldwide, with a global presence across the Americas, Asia-Pacific, Europe, the Middle East and Africa. RTX emphasizes engineering, manufacturing, and research to solve complex technical challenges for aviation and defense.

📋 Description

• Manage payroll for 401(k), HSA, and Deferred Compensation programs • Ensure accurate and timely deductions, employer contributions, and adjustments • Create, document, and maintain payroll workflows, processes, and internal controls • Align payroll processing with IRS, DOL, federal/state regulations, company policies, and plan requirements • Verify annual contribution limits, deduction calculations, and eligibility data • Implement required payroll corrections • Reconcile payroll system records, employee deductions, employer contributions, and vendor funding files • Establish and execute pre- and post-payroll audits • Identify and resolve discrepancies, missed deductions, and payroll errors • Validate payroll implementation for elections, enrollments, changes, and corrections • Collaborate with Benefits teams and external administrators on participant elections and plan changes • Coordinate funding files and payroll transmissions to external providers • Provide payroll records, reconciliations, and documentation for audits • Identify opportunities to automate and improve processes

🎯 Requirements

• University Degree or equivalent experience and minimum 8 years prior relevant experience, or an Advanced Degree in a related field and minimum 5 years experience • 5+ years of progressive payroll experience supporting payroll processes for benefits and employee savings programs • Experience with payroll reconciliation, auditing, and error resolution, including identifying root causes and implementing corrective actions • U.S. citizenship is required • Experience with payroll/HRIS systems and managing payroll interfaces or files with external benefits and savings plan vendors • Advanced proficiency in Microsoft Excel for data analysis, reconciliations, and audits • In-depth knowledge of 401(k), HSA, and Deferred Compensation payroll processing • Knowledge of IRS and federal regulatory requirements for payroll deductions and contributions • Ability to handle confidential employee data with care • Ability to collaborate with Benefits, HR, Finance, HRIS, and external vendors • Strong organizational skills and ability to manage multiple deadlines • Strong analytical and problem-solving skills

🏖️ Benefits

• Compensation, healthcare, wellness, retirement and work/life benefits • Parental (including paternal) leave • Flexible work schedules • Achievement awards • Educational assistance • Child/adult backup care • Medical, dental, and vision insurance • Life insurance • Short-term disability • Long-term disability • 401(k) match • Flexible spending accounts • Employee assistance program • Employee Scholar Program • Paid time off • Holidays • Potential annual short-term and/or long-term incentive compensation programs (not guaranteed)