Advancial Federal Credit Union hiring Benefits and Compensation Specialist in Dallas, TX | LinkedIn (2024)

Come Join The Best!

Advancial is a growing Credit Union looking to add an energetic, dynamic and collaborative Human Resource Director. We are seeking a candidate looking for an exceptional opportunity. The right candidate will be energetic, member and employee-focused, and determined to add value within our organization.

We invest in our team and provide opportunities for learning. Here’s a sneak peek of our great benefits:

• Medical, Dental, Vision, Life and Other Voluntary Insurance
• Two employee vacation homes
• 8% 401(k) Contribution upon hire (vesting schedule does apply)
• Three weeks’ vacation to start along with other leave benefits

Founded in 1937, Advancial is one of the oldest and largest credit unions in the country. We are an established and proactive full-service financial institution providing personal, convenient and advanced financial services to individuals and select group partners. Our mission is to create lasting value for our members through superior service, quality products, and innovative solutions.

At Advancial, we always strive to provide the best service and products to our members because we love what we do. We work together to build a culture that promotes a positive employee experience. We’ve been named a Best Company to Work for in Texas for nine consecutive years and a Best and Brightest Company to Work For nationally and locally because we’re serious about building fulfilling careers and not just day jobs.

We invite you to learn more about this position and what Advancial has to offer by completing our online application.

SUMMARY The Compensation and Benfits Specialist provides the support needed to ensure successful processing of benefits, payroll, recognition and awards, wellness, and compensation initiatives. This position requires an extremely perceptive person who is capable of relating to individuals at all levels within the organization.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Administers all tasks necessary to accomplish the organization’s payroll and timekeeping process. Analyzes, prepares and inputs payroll data using an automated system to produce accurate and timely payroll. Continually audits and evaluates internal processes to identify areas of correction and find better efficiencies. Ensures compliance with all applicable state and federal wage and hour laws.
• Review wages computed and corrects errors to ensure accuracy of payroll. Records changes affecting net wages such as exemptions and insurance premiums for each employee to update master payroll records. Performs various journal entries, account reconciliations, and provides general ledger support as needed.
• Creates and provides reporting related to payroll, benefits and recognition and award, time and attendance, wellness programs, and compensation, including custom report creation, report scheduling that will help drive better organizational decisions. Prepares weekly, monthly, quarterly and year-end reports (gross payroll, hours worked, vacation accrual balances, tax deductions, etc.) for HR management as requested. Helps maintain data integrity in systems by running queries and analyzing data.
• Participates in developing detailed user procedures, guidelines and documentation for any new program to include but not limited to benefits, compensation, recognition and awards, timekeeping, and Payroll system.
• Administers employee recognition and rewards program and system. Continually evaluate the systems for improvements or enhancements and ensure proper communication to employees.
• Assists with the tasks related to the annual organization and benefit audits as needed.
• Coordinates and administers the organizations various employee benefit plans including medical, dental, vision, COBRA, life insurance, flexible spending accounts, health savings accounts, disability insurance, retirement plans (401K), and other unique benefit programs. Communicates benefits’ features to employees and communicate with benefit vendors and brokers as necessary.
• Reconciles and submits benefit and HR related invoices for payment. Reconciles general ledgers, payroll and compensation reports, maintains documentation, and prepares and distributes correspondence related to compensation and benefits to ensure accurate record keeping and compliance with regulatory agencies, auditors, federal, state and local laws pertaining to all employee matters.
• Provides information and assists employees with questions related to payroll, benefit enrollment, eligibility, plan features, provisions, and other matters related to compensation and benefits.
• Ensures the accuracy of all benefit enrollments and assists with providing vendors with accurate eligibility information. Assists with distributing enrollment materials, and internal benefit communication.
• Proactively performs quality checks to ensure accuracy on benefits, payroll, recognition and timekeeping on a routine and regular basis.
• Coordinates and assists with open enrollment and annual biometric screenings as needed.
• Work with HR Operations initiatives as needed. Participate in group meetings as well as one on one meetings to offer professional opinions and scenarios, helping to advocate for progressive change. Participate in understanding current processes and recommend enhancements that will support overall business strategies and operational needs.
• In collaboration with HR Operations assists with employee records in accordance with the state and federal retention schedule and ensures payroll and benefit records are created, archived and/or destroyed in accordance with the schedule. Ensures records sync with the appropriate system using the most efficient method.

The base range for this position is $60,082.34/yr. - $75,102.93/yr. based on experience, plus up to 8% incentives.

EDUCATION and/or EXPERIENCE

Bachelor’s Degree (B.A.) or equivalent from four-year college or technical school; a minimum of five years of HR & Payroll systems, preferably ADP Workforce Now and corporate benefits administration experience, or a an equivalent combination of education and experience. HR certification preferred.

Advancial Federal Credit Union is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters

Advancial Federal Credit Union participates in the Electronic Employment Verification process. Please click here for more information.

If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please complete the form below. If you’d like to view a copy of the company’s affirmative action plan, please complete this form.