Total Rewards & Payroll Analyst

ABOUT BCI

Bci provides financial services to individuals and corporation. We focus on being a global leader in innovations and personalized client experience and, with more than 10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries.

Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.

The Total Rewards & Payroll Analyst to oversee our compensation, benefits, and payroll operations. The Total Rewards & Payroll Analyst will play a critical part in attracting and retaining top talent by ensuring our compensation and benefits programs remain competitive, equitable, and aligned with our business goals. Concurrently, the Total Rewards & Payroll Analyst will own the end-to-end payroll process, ensuring accurate, timely, and compliant payroll delivery for all employees.

The Total Rewards & Payroll Analyst blends strategic thinking in rewards design and financial forecasting with the operational rigor required for flawless payroll execution and system management.

The duties of the position include, but are not limited to, the following:

• Program Administration:Administer and manage the company’s health, wellness, and retirement plans (e.g., medical, dental, vision, 401(k), life insurance).

• Market Benchmarking:Conduct regular market analysis and compensation benchmarking to ensure base pay, bonuses, and equity offerings remain competitive within our industry.

• Annual Cycles:Support the execution of the annual open enrollment process and manage the annual compensation review cycle (merit increases, bonus payouts).

• Vendor Support & Partnership:Partner with our benefits brokers and external vendors to support day-to-day plan administration, resolve complex administrative issues, and assist leadership in evaluating plan renewals.

• Employee Education:New hire onboarding and provide leadership with payroll related updates

• Full-Cycle Payroll Processing:Manage and execute bi-weekly/semi-monthly payroll for [exempt and non-exempt / multi-state] employees using [HRIS/Payroll System, e.g., ADP, Workday, Paylocity].

• Budgeting & Forecasting:Manage the overall HR, total rewards, and payroll budgets. Conduct regular forecasts to anticipate compensation trends, benefits costs, and payroll expenses.

• Finance Partnership:Collaborate closely with the Finance and Accounting departments on annual budget planning, workforce headcount forecasting, and tracking budget-to-actual variance throughout the year.

• Data Integrity & Auditing:Audit time-and-attendance records, new hire data, terminations, and compensation changes to ensure payroll accuracy before processing. Including managing quarterly over-time time analysis.

• Compliance & Tax Reporting:Ensure compliance with all federal, state, and local wage and hour laws, payroll tax regulations, and reporting requirements.

• Garnishments & Deductions:Process and manage employee deductions, including benefits premiums, 401(k) contributions, garnishments, and tax levies.

• Reconciliation & Reporting:Provide post-payroll reporting, general ledger (GL) integration files, and month-end/year-end reconciliations (including W-2 processing).

• Ability to understand, speak, read and write English and Spanish

• Effectively speaking before groups of customers or employees

• Assume evolving duties and responsibilities of position

• Work all hours required to fulfill job duties and responsibilities (including, weekends, evenings and holidays as needed)

• Travel as required

• Provide coverage for other positions as requested

• Ability to carry and lift boxes and objects that may weigh between 10 and 25 pounds.

• Perform additional duties and responsibilities as assigned by management