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HR Payroll and Benefits Specialist - United States of America (USA)

1.00 to 10.00 Years   Hyderabad, Pakistan   03 Jun, 2024
HSBC
1 Jobs Openings
Job LocationHyderabad, Pakistan
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

Some careers have more impact than others.If you?re looking for a career where you can make a real impression, join HSBC and discover how valued you?ll be.HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.ÿWe are currently seeking an experienced professional to join our team in the role ofÿHR Payroll and Benefits Specialist ? United States of America (USA).Principal Responsibilities

  • Stay on top of all regulatory and compliance requirements including.
  • Act as liaison between company payroll & benefits vendor.ÿ
  • Interpret, administer, and provide support to employees on the various benefits plan, 401(K) & Roth plans in accordance with plan documents and policies.
  • Audits system processes, analyzes errors/gaps and implements corrections and improvements.
  • Coordinate with employee benefit plan providers and vendors to implement best practice administration processes.
  • Acts as subject matter expert and support for problem resolution for employees and business partners.
  • Prepare and analyze reports for specific 401 (K) plans including Non-discrimination testing, Form 5500, and other governmental reporting.
  • Manage special projects and/or assignments within the department in relation to benefit programs and processes. Oversee personnel and/or vendors working on those projects to ensure deadlines and project objectives are met.
  • Research tax laws and provide guidance to help set tax policies to ensure compliance.
  • Advise stakeholders on best practices and emerging changes related to benefits.

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