OCC
We clear and settle trades for the options industry.
Chicago, IL
Hybrid

Lead Payroll Specialist

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Lead Payroll Specialist

 

The  Lead Payroll Specialist will administer and manage all aspects of processing payroll, including maintaining all related payroll records; tax filings; voluntary and statutory deductions; completion of  payroll related accounting transactions and general ledger entries; documenting and updating payroll policies and procedures; compliance with payroll related Company and statutory policies, rules and regulations; and preparing ad hoc reporting for management as needed.  This includes timely and accurately processing of all semi-monthly payrolls, ensuring all coding is set up correctly and operating effectively and efficiently.  Must have the ability to work well independently.  Reports directly to Accounting Director and works closely with Human Resources.  Main point of contact for both internal and external customers for payroll related inquiries.  This position is highly visible with access to confidential information.  Advanced proficiency with ADP Workforce Now is required. 

 

The Lead Payroll Specialist is expected to take ownership of all payroll related activities and, working with the Accounting Management, drive all decisions related to payroll.

 

Responsibilities include, but are not limited to the following:

  • Timely and accurately process semi-monthly payrolls
  • Primary point of contact with ADP ensuring all payroll codes are set up and working properly
  • Lead collaboration with Human Resources to ensure accurate and complete information is processed timely
  • Reconcile semi-monthly payroll and process all journal entries related to payroll
  • Responsible for updating internal payroll related policies and procedures annually
  • Process 401(k) contributions and adjustments, deferred payment  processing, garnishments, child support payments, charity contributions, student debt, expense reimbursements, etc.
  • Respond timely to inquiries from employees and taxing jurisdictions
  • Work directly with external auditors to provide requested information for annual audits
  • Keep abreast of current payroll related tax and benefits requirements and advise management accordingly
  • Maintain payroll correspondence files in accordance with company policy
  • Identify areas of improvement and create efficiencies to assist in streamlining payroll process

 

Qualifications/Technical Skills/Education:

  • High level of proficiency with ADP Workforce Now a must
  • Knowledge of Workday Human Resource Information System a plus
  • Three or more years in a role requiring complex problem-solving skills
  • Self-directed, ability to work on own without direct supervision
  • Highest degree of organizational skills and attention to detail
  • Ability to build strong internal/external customer relationships
  • Knowledge of commonly used payroll and accounting concepts
  • Ability to work well independently or within a group, as necessary
  • Minimum 10 years’ progressive experience in processing payroll
  • Experience with Oracle or related ERP systems a plus
  • Proficient in Excel (VLOOK UP/SUM IF/Pivot tables) and familiar with other applications within Microsoft Office Suite (Word, PowerPoint, etc.)
  • 4 yr college degree preferred
  • Certified Payroll Professional (CPP) preferred

 

 

Step 1
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Step 2
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Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

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What are OCC Perks + Benefits

OCC Benefits Overview

Educational Assistance and Student Debt Forgiveness, 12-week paid parental leave, BYOD program with technology stipend up to $2,000 every three years, $35 per month pay to offset costs of mobile data plans. Open offices, online health coaching.

Culture
Volunteer in local community
Each year, OCC employees select a locally-based charitable organization for each of our three offices (Chicago, Dallas and Washington, D.C.). We offer multiple opportunities to get involved.
Partners with nonprofits
OCC Partners with local organizations in Dallas, Chicago and DC to raise funds and support their missions. Employees select the charity and are eligible for up to 8 hours of paid time to volunteer.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
OCC provides employees with a flexible work schedule that includes Flexible start and end times.
Remote work program
2 days per week work from home program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
HSA or FSA accounts available for those enrolled in medical plans.
Life insurance
Wellness programs
Includes back-up child or elder care along with other wellness programs.
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
OCC provides employees with a 401(k) matching plan managed by Fidelity. We match 50% of contributions up to 12% of an employee's annual gross pay.
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
12-week paid parental leave
Vacation & Time Off Benefits
Generous PTO
OCC employees receive between 22 and 32 days per year of paid time off based on years of service.
Paid volunteer time
Sabbatical
Eligible employees get 30 days of paid sabbatical after their first 10 years of working at the company.
Paid holidays
Paid sick days
Office Perks
Commuter benefits
OCC Offers pre-tax commuter benefits for employees in Chicago and Washington, D.C.
Company-sponsored happy hours
Relocation assistance
OCC offers relocation assistance which varies based on the position level and location.
Home-office stipend for remote employees
Professional Development Benefits
Job training & conferences
OCC offers employees professional development opportunities including onsite training courses and the ability to attend job related certification courses, conferences and seminars.
Tuition reimbursement
Our tuition reimbursement plan offers an annual max of $10000.
Lunch and learns
OCC hosts leadership lunches on a regular basis so you can learn about your colleagues and their unique backgrounds.
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications
Employees are strongly encouraged to stay current in relevant technologies and supports certification programs.

Additional Perks + Benefits

We were recently recognized as one of LinkedIn's Top Company in Financial Services! Take a look at our blog post here: https://www.theocc.com/newsroom/press-releases/2022/06-23-linkedin-list…

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