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Sr. Finance Assistant

State Farm - Bloomington, IL

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Job Description

Overview Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good! Responsibilities Financial Shared Services is looking to hire a Sr. Finance Assistant in Bloomington, IL. Financial Shared Services supports many areas for both State Farm employees and State Farm customers - from compensation services, expense processing, and unclaimed property. Primary responsibilities may include: • Process all deductions taken from employees' paychecks, including voluntary deductions such as 401k, Credit Union, and Mutual Fund deductions, as well as involuntary deductions (as required by law), such as child and spousal support, bankruptcies, student loans, and writs of garnishment • Monitor and assist with employee income reporting and special payroll items including job transfer and location changes • Assists in the distribution of paper checks, pay advices', coordination of W-2 and W-2C processing, reissuing of W-2s • Learn various Agency Compensation processes including development of compensation, deductions, and garnishments • Process direct deposit updates for active and inactive agents • Balance monthly controls and reconcile financial accounts • Work closely with key business partners, including Human Resources & Development, Legal, and Money Movement Qualifications The following skills, background, and/or experiences are preferred, but not required: • Ability to understand the regulations that drive payments and withholdings • Strong attention to detail and accuracy skills are essential • Strong Customer Service Skills • Ability to understand the up and downstream impacts to work • Deadline driven • Prioritize work tasks independently • Ability to work in a fast-paced environment and remains composed under pressure/high stake situations • Teamwork/effective team communication and a positive work mindset • Open mind to process changes • Understanding of the tools/functionalities within Adobe, Microsoft Suite (Word, Excel, Outlook, Teams) • Collaborative mindset Hybrid Work Location: Bloomington, IL-Corporate Hybrid Work arrangement: A "Hybrid" position means selected candidates will be assigned to a facility and will spend some time working both in the office and from their home. Work arrangements could change over time based on business need. Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunityOur Benefits Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week! Potential starting salary range: $45,500 - $55,000 Starting salary will be based on skills, background, and experience High end of the range limited to applicants with significant relevant experience Potential yearly incentive pay up to 6% of base salary At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus. Stay Well! Focus on you and your family's health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more! Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring. Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union! Take a Little "You" Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you! Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund. Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary. Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

Created: 2026-03-12

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