Payroll Specialist

4 weeks ago

Mesa, United States Biolab Holdings, Inc Full time

**Job Title: Payroll Specialist**

**Overview**: As a Payroll Specialist at BioLab Holdings, Inc., you will play a crucial role in ensuring accurate and timely payroll processing for all employees. This position requires strong attention to detail, excellent organizational skills, and a solid understanding of payroll processes. Additionally, the Payroll Specialist may assist with various financial tasks and support other accounting functions within the organization.

**Responsibilities**:
**Payroll Processing**:

- Process bi-weekly, semi-monthly, and/or monthly payroll accurately and on time.
- Verify timesheets, attendance records, and other relevant data for completeness and accuracy.
- Calculate wages, deductions, and withholdings, including taxes and other statutory deductions.
- Ensure compliance with federal, state, and local payroll regulations and tax laws.
- Address any payroll discrepancies and resolve employee payroll-related inquiries promptly.

**Benefits Administration**:

- Administer employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
- Assist employees with benefit enrollment, changes, and inquiries.
- Coordinate with HR and benefits providers to ensure accurate and timely processing of benefits-related transactions.

**Financial Reporting**:

- Prepare payroll-related financial reports, including payroll summaries, tax filings, and other relevant documents.
- Assist in analyzing payroll data and trends to support financial planning and decision-making.
- Collaborate with the accounting team to reconcile payroll-related accounts and resolve discrepancies.

**Compliance and Auditing**:

- Maintain up-to-date knowledge of payroll laws, regulations, and compliance requirements.
- Ensure payroll processes adhere to internal policies and external regulatory standards.
- Assist with internal and external payroll audits as needed.

**Process Improvement**:

- Identify opportunities to streamline payroll processes and improve efficiency.
- Implement best practices and automation tools to enhance payroll operations.
- Work collaboratively with cross-functional teams to drive continuous improvement initiatives.

**Qualifications**:

- Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
- Minimum of 5 years of experience in payroll processing and administration.
- Proficiency in payroll software/systems UKG Ready and MS Excel.
- Strong understanding of payroll regulations, tax laws, and compliance requirements.
- Excellent analytical skills and attention to detail.
- Ability to handle confidential information with discretion and integrity.
- Effective communication and interpersonal skills.
- Prior experience in general accounting or finance functions is a plus.

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