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Payroll Specialist
2 months ago
The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.
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If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility )
(accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
The incumbent will be responsible for ensuring employees are paid accurately and timely with correct withholding and deductions. They will utilize basic payroll principles, tax regulations, and Workday to process complex multi-state payrolls, manage deductions and contributions, and maintain meticulous records. Serving as a key partner, the role will collaborate with staff across the organization to answer questions and resolve issues.
KEY RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Process all aspects of payroll, including on-cycle, off-cycle, mid-month, month-end, bonuses, and international payrolls, ensuring adherence to all TIH policies, IRS regulations, and final pay state laws.
- Utilize Workday to process payroll, manage deductions (including 401k contributions), calculate retro pay, and perform earnings reconciliation.
- Assist with calculating standard overtime and FLSA OT rates.
- Employ Enterprise Interface Builders (EIB) to upload variable pay elements and wage adjustments, validating data integrity.
- Review terminations accurately and timely, including calculating final pay and adhering to separation pay regulations.
- Resolve payroll discrepancies by collecting and analyzing information, ensuring accurate data for all stakeholders.
- Assist with a wide variety of controls and audit functions to safeguard the integrity of payroll information.
- Maintain comprehensive payroll records in electronic and paper formats for audit purposes.
- Communicate effectively with internal and external clients, addressing inquiries with payroll and accounting expertise.
- Partner with team members to identify and implement efficiencies within the payroll process.
- Participate in testing for Workday upgrades and configuration changes.
- Answer questions from employees and/or supervisors regarding payroll.
- Create and maintain SOPs as needed for current and new processes.
EDUCATION AND EXPERIENCE
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Associate's degree or equivalent education/training in a related field (HR, Accounting preferred).
- 3+ years of experience in payroll processing, with a strong understanding of payroll principles, tax regulations, and deductions.
- Experience using Workday Payroll and ADP SmartCompliance required.
- Experience with ACH payment processing and resolving rejections.
CERTIFICATIONS, LICENSES, REGISTRATIONS
None
FUNCTIONAL SKILLS
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Meticulous attention to detail and accuracy.
- Superior organizational and time management skills.
- Ability to work independently and as part of a team.
- Proficient in Microsoft Office Suite (Excel is a must).
General Description of Available Benefits for Eligible Employees of TIH:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH's generous benefit plans, please visit our Benefits site )
. Eligible employees may have the opportunity to participate in a deferred compensation plan and/or have an ownership interest in TIH in the form of profits interest or capital interest. As you advance through the hiring process, you will learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
This position is part of TIH.
Truist Financial Corporation has completed the sale of Truist Insurance Holdings (TIH). As a result, TIH is a separate company from Truist Bank as of May 6, 2024. Refer to the news release )
for details.
TIH Insurance Holdings, LP (TIH) supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. TIH is a Drug Free Workplace.
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