LOW INCOME INVESTMENT FUND
PAYROLL ASSOCIATE

Location: San Francisco and Los Angeles
Reports to: Accounting and Payroll Operations Manager
Exempt classification: Non-Exempt
Status: Full time
Salary range: $65,000 to $75,000 Annually

THE COMPANY:
The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well-being for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C. More on LIIF can be found at liifund.org.

POSITION SUMMARY:
The Payroll Associate position is responsible, under the guidance of the Finance Operations Manager for the semi-monthly payroll process and the coordination of personnel documentation between payroll and HR. This position provides support and assistance on timesheets and the ADP platform to employees across the organization.

REPORTING RELATIONSHIPS:
This position will report directly to the Accounting and Payroll Operations Manager and will collaborate with other accounting and finance staff.

ESSENTIAL FUNCTIONS:

• Responsible for the semi-monthly payroll process using ADP Workforce Now including monitoring timesheet entries and approvals

• Add new company local and state payroll tax jurisdictions
• Maintain employee allocations in ADP
• Payroll reports and coordinate schedules with auditors
• Monitor commuter-reloads and perform appropriate payroll pre-tax/post-tax deductions

• Collaborate with HR staff and managers to resolve any payroll issues or discrepancies
• Maintain payroll information and supporting documentation in appropriate and secure confidential files

• Prepare journal entries related to payroll, and other LIIF monthly closing payroll related processes
• Prepare reconciliations for payroll related accounts including 401(k), transit benefits, health savings account, Flexible Spending Account, and other accounts in assigned area

• Prepare documentations and work with auditor for annual Workers Comp audit
• Prepare payroll reconciliations, documentation, and reports for annual external audit

• Provide wages and personnel reports to FP&A for budgeting and as requested by appropriate ECE program staff

• Respond to employees’ payroll questions timely and accurately. Able to analyze and report on specific calculations as required to resolve problems.
• Create, run and post reports in ADP for various stakeholders.
• Assist with Audits (internal and external).

Other Functions:

• Perform other duties/special projects as assigned
• The Payroll Associate may perform other duties as necessary to support the Finance team
• Ad Hoc reports and inquiries

SKILLS REQUIRED:

• Must be PC proficient and able to thrive in a fast-paced setting. Experience with ADP Work Force and Abila MIP system is preferred.
• Strong experience with Excel, and Microsoft Outlook
• High attention to accuracy and details
• Ability to meet assigned deadlines
• Ability to review and self-check work for accuracy and completeness
• High degree of customer service
• Excellent communication skills, verbal and written.
• Must be proactive and work independently

EDUCATIONAL AND OTHER REQUIREMENTS:
A Bachelor's Degree in accounting or equivalent experience is required. This position requires a minimum of two of experience in Payroll entry data and other entry level accounting entries. The position is demanding and requires self-motivation and a team approach. Individual will be committed to LIIF’s mission.

HOW TO APPLY:

Please apply with Resume and Cover Letter via our recruitment portal:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=cb73ca7c-d700-429b-a6ab-bf50165187ec&ccId=19000101_000001&lang=en_US

Notice to Third Party Recruitment Agencies:

Please note that Low Income Investment Fund does not accept unsolicited resumes from recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.

In the event a recruiter or agency submits a resume or candidate without an agreement Low Income Investment Fund shall explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Low Income Investment Fund.

We do not accept unsolicited phone calls. Only candidates being considered for a position will be contacted.

LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse background and with diverse experience are strongly encouraged to apply for this position.