Payroll and Benefits Specialist

About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group Summary
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.
About the Role
Coordinates and administers employee benefit plans including medical, dental, vision, prescription, life, wellness, FMLA, STD/LTD, and 401K plans. Works closely with MAGNA Corporate office in the administration of all Benefit Programs and makes recommendations for updates and improvements. Payroll Processing of all employees. Monitor application of Company policy, as it relates to payroll, for consistency.
Your Responsibilities

• Review payroll records for input into payroll. Includes names, rates of pay, occupations of newly hired workers, and changes in wages and departments.
• Record new or changed pay rates in computerized payroll system. Compute pay in accordance with company policy. Documents any policy issues or changes for monthly review with controller, and for feedback to H.R. Review payroll to ensure accuracy.
• Maintain tracking of leave status and leave hours and provide reports for KPIs accordingly.
• Process benefits changes for "life events" and communicate changes to payroll for update of benefits costs.
• Track vacation balances and headcount.
• Conduct monthly audits of benefits to ensure all new hires and terminations are entered into the HRIS system and validate against payroll's report of entered deductions.

Who we are looking for

• Must have experience with payroll administration for approximately 300+ employees. ADP Preferred
• Must have experience with FMLA, STD/LTD, benefits costs analysis, and Benefits administration.
• Must have prior experience leading the annual open enrollment process, conduct open enrollment meetings, print documentation needed, and coordinate the distribution and collection of documents required.
• Automotive and/or manufacturing plant experience preferred.
• Ability to maintain confidentiality.
• Strong organizational skills and attention to detail.

Your preferred qualifications

• Working with the COBRA administration, ensure all paperwork is processed appropriately.
• Administer all leave programs including FMLA and STD/LTD in accordance with legal requirements and company policies.
• Assist employees with benefits claims issues by validating our internal system is correct and directing employees to the appropriate contacts for the benefits vendors. Escalating major issues to our Corporate Benefits Administrators.
• Maintain employee benefit files and other record keeping.
• Manage all reporting and compliance for benefits programs. Maintain employee benefits systems and ensure benefits changes are entered appropriately in payroll system.
• Participate in benefits training and updates provided by corporate or outside vendors as needed or required. Maintain knowledge of industry standards and legal requirements in Benefits Administration.

What we offer
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Site Benefits
At Magna Electric Vehicle Structures - Michigan, company culture is central to the work experience. Employees at MEVS enjoy many different company benefits including:

• New clean facility
• Opportunities due to growth
• Continuous Improvement and Development Culture
• A strong focus on safety and health and wellness
• Three (3) levels of low costing PPO medical, dental and vision insurance (eligible after 30 days)
• 401(k) Plan with employer match (Immediate 100% Vested)

Awareness. Unity. Empowerment.
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.