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Company Overview
At Procure Analytics (PA), we are passionate about driving continuous value by utilizing cutting-edge technology and implementing customized solutions in various categories to service our 900+ member companies.Headquartered in Atlanta, PA was founded to address the complex challenges of frequently ignored indirect and tail spend categories of Maintenance, Repair, and Operations (MRO), Packaging, and Freight. PA combines $1.5b+ of purchasing leverage and supplier relationships, together with dedicated advisors, proprietary analytics, and artificial intelligence, to drive ongoing value and supply chain resiliency for our members.
PA’s analytical and reporting tools offer the insight needed to optimize MRO, Packaging, and Freight – all at no cost to members.In the last decade, PA has grown from 2 employees and $5 million in total managed spend to over 100 employees and more than $1.5 billion dollars in spend, while maintaining its high-touch service model and member-focus. PA has a very collaborative, humble, and values-driven culture that upholds these guiding principles:
- Act with integrity and in compliance
- Drive value creation
- Be disciplined entrepreneurs
- Be innovative
- Be accountable
- Treat others with dignity and respect
Strong Private Equity Ownership
In December 2021, Genstar Capital invested in PA, along with a large rollover from Bregal Sagemount and the management team.Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar has developed a strong market reputation of working in partnership with management teams and its network of strategic advisors to build industry-leading businesses while generating outsized returns. Genstar’s vision is to help build lasting, impactful companies that will continue to succeed well beyond their ownership.Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the software, industrials, healthcare, and financial services industries.
In 2020, Genstar was ranked 2nd worldwide in aggregate private equity fund performance (out of 529 PE firms) and ranked 3rd in 2019 (out of 497 PE firms) by HEC-Dow Jones. For more information, please visit www.gencap.com.Requirements
The Opportunity
· Own the development of payroll processes aligned with best practices as the company grows · Process semi-monthly US payroll through Paylocity · Handle disability claims, approve benefit earnings and deductions, create HSA accounts with Anthem, process one-off manual enrollments and terminations with carriers · Work closely with the HR director to ensure a successful annual open enrollment · Maintain Anthem, Lincoln, and Fidelity file feed; own configuration of future needed file feeds · Complete timely and accurate payroll reconciliation following each pay date · Manage third party payroll processing relationships with international providers · Open and close tax accounts · Work closely with the HR Director on annual 401k, workers comp, and other benefit and compliance related audits · Create and process ad hoc reports · Work with department heads and the Accounting department to add commissions, reimbursements, bonuses, and process annual and ad hoc salary increases to payroll batches · Work closely with the HR director to ensure a successful annual open enrollment · Maintain Anthem, Lincoln, and Fidelity file feed; own configuration of future needed file feeds · Adhere to PA’s Payroll Calendar to ensure timely and accurate processing of payroll · Own configuration of benefit deductions with open enrollment and reconcile benefit information to payroll records · Process annual off-cycle bonus payroll and related deductions · Manage process and workflow development including benefit file feeds, etc
The Person
- Bachelor’s degree required
- 5 years experience in payroll processing and operations
- 3 years of full-cycle payroll ownership required
- Benefits admin experience strongly preferred
- Experience with payroll process improvement required
- Intermediate-advanced Excel skills strongly preferred
- Paylocity experience preferred
- Basic understanding of accounting operations preferred
- Experience working with international payroll providers preferred
- Benefit plan audit experience preferred
