Synergy is hiring a

Junior Corporate Accountant

Boston, United States

Synergy, a leading Boston commercial real estate firm, with a managed portfolio of over 8 million square feet, across multiple asset classes, is experiencing exciting growth and is seeking a Payroll & Benefits Specialist to join our team. The successful candidate will coordinate and perform all activities related to the company payroll, benefits and HRIS functions. The Payroll & Benefits Specialist must have a strong sense of urgency, be capable of adapting to change, and the ability to succeed in a fast-paced environment all while maintaining confidentiality and discretion. This role is part of our Corporate Accounting group and will report to senior team members. As such, the position will include on-going assignments, tasks and projects within the group and is ideal for someone looking to expand their knowledge of Accounting and Finance. On the job training will be provided by a strong supportive team.

In addition to competitive salary and benefits, we offer interesting work, a collegial environment, and an excellent opportunity to develop strong skills and grow professionally. Those who have joined us from other firms find direct access to leadership teams very rewarding. Our office is located in the heart of the city with easy access to several MBTA T-stops including South Station, Downtown Crossing, State, and Government Center.

Synergy (synergyboston.com) is a full-service real estate investment and operating company primarily focused on the Boston market. We are one of the largest and most active landlords in the city and our growing portfolio of provides space to more than 400 businesses and organizations. We are active members of the Boston business community and have been recognized as Landlord of the Year by the GBREB Commercial Brokers Association (CBA). We are also proud to support numerous organizations that make a positive impact in our city.

Essential Duties & Responsibilities

Payroll & Benefits

  • Manage all aspects of payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, 401(k), benefits, garnishments, taxes, and other deductions.
  • Onboard employees using processes in Paychex and various Benefits applications.
  • Establish and leverage strong working relationship with Paychex and benefit vendors/brokers.
  • Maintain employee records and collaborate with Human Resources on special projects.
  • Ensure compliance with federal, state, international, and local payroll, wage, and hour laws and best practices.
  • First point of contact for questions related to payroll, medical insurance, COBRA, Worker’s Comp, Leaves of Absence, PTO, etc.
  • Assist employees to resolve payroll/benefits issues timely and accurately.
  • Recommend, develop and implement new technology and procedures for greater efficiency.
  • Plan and administer annual open enrollment.
  • Analyze and recommend improvements to the current benefit programs.

Corporate Accounting

  • Prepare annual budget for Payroll & Benefits. Ensure budget is finalized for presentation to upper management.
  • Analyze Payroll & Benefits expenses as part of the Management Company’s monthly financial report.
  • Take the lead on all Payroll & Benefit financial analysis including forecasting expenses, purchase decision making, and cost accounting.
  • Complete monthly bank reconciliations and adjusting journal entries.
  • Process accounts payable and receivable.
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