Payroll & Benefits Coordinator
Betterment· People
Hybrid (New York, NY)$70k - $83kfull-timePosted 1mo ago
About the role
Payroll & Benefits Coordinator at Betterment (NYC HQ). Responsible for supporting on-time semi-monthly payroll processing and benefits administration, ensuring data integrity, and serving as a resource for employee payroll/benefits questions.
Responsibilities
- Prepare semi-monthly payroll for exempt and non-exempt employees, ensuring accuracy and timeliness
- Review and reconcile timesheets, PTO balances, and payroll data inputs prior to each pay run
- Process payroll adjustments including new hires, terminations, pay changes, garnishments, and voluntary deductions
- Support preparation of year-end payroll activities including W-2 distribution and reconciliation
- Respond to employee inquiries about pay, deductions, and paycheck reconciliation in a timely and professional manner
- Administer employee benefits programs including health, dental, vision, life insurance, 401(k), FSA/HSA, and wellness offerings
- Coordinate open enrollment periods — prepare communications, host informational sessions, and guide employees through elections
- Process enrollments, qualifying life event changes, and terminations with insurance carriers and benefit platforms
- Reconcile monthly benefit invoices and coordinate with Finance to ensure accurate payroll deductions
- Serve as a first point of contact for employee questions about coverage, eligibility, and claims
- Maintain accurate and confidential employee records in the HRIS and payroll system
- Assist with compliance filings and reporting, including ACA, COBRA, ERISA, and state/local requirements
- Support audits of payroll and benefits data to ensure data integrity
- Monitor and track FMLA and leave of absence documentation in partnership with the HR team
- Partner with HR Business Partners, Finance, and People Operations on projects and process improvements
- Assist with onboarding new hires by conducting benefits orientations and ensuring timely enrollment
- Generate standard and ad hoc payroll and benefits reports for internal stakeholders
Qualifications
- 1-2 years of experience in payroll processing and benefits administration
- Hands-on experience in ADP or comparable HRIS
- Familiarity with employment laws, leave regulations, and benefits compliance
- Proficiency in Excel / Google Sheets and comfort with HR technology
- Excellent attention to detail, organization, and follow-through
- Strong communication and customer service skills
- Ability to handle confidential data professionally and with discretion
Skills
Required:Payroll processingBenefits administrationHRIS (e.g., ADP)Excel/Google SheetsCompliance knowledge
Benefits
- Competitive benefits package including medical, dental, and vision coverage; life and AD&D insurance; short- and long-term disability; infertility support and transgender health benefits; Employee Assistance Program (EAP); transit benefits; FSA and HSA options
- Equity for all employees, including new hire and refresher grants
- Flexible paid time off, paid parental leave, and a fully paid four-week sabbatical in year six
- Company-paid professional coaching for all employees
- Day-one 401(k) match plus matching on qualified student loan payments
Last updated Sep 2, 2026. Interested? Apply on the company site.
About Betterment
Automated investing & Financial planning
Betterment can help grow your money by making saving and investing easy. Invest in a tailored portfolio, set buckets for your goals, and earn rewards.
investingfinancial planningsavingretirementtax-smart technologyinvestment portfolioscash management
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