Compensation Specialist
4 days ago
We are seeking a skilled Compensation Specialist to join our team at Skyline Products. This role will be responsible for ensuring accurate and timely compensation, compliance with applicable regulations, and maintaining employee satisfaction.
The ideal candidate will have 3 years' experience in an accounting or accounts payable position, with a strong understanding of GAAP accrual accounting standards and payroll practices, labor laws, and tax regulations.
Main Responsibilities:- Payroll Processing:
- Administer and process bi-weekly payroll for approximately 200 employees using Paylocity, including full-time, part-time, and temporary staff.
- Handle multi-state payroll processing, ensuring compliance with varying state and local regulations.
- Manage payroll complexities across multiple jurisdictions, including taxes, wage requirements, and reporting.
- Ensure accurate calculation of hours, overtime, PTO, deductions, and bonuses in compliance with company policies and labor laws.
- Compliance and Tax Registration:
- Stay updated on federal, state, and local payroll regulations to ensure compliance.
- Register and set up state tax withholding and unemployment accounts as needed when the company expands into new states.
- Prepare and file payroll tax reports, W-2s, and other required documentation.
- Collaborate with HR and finance to maintain compliance with company policies and audit requirements.
- Data Management:
- Assist in maintaining accurate employee payroll records, including benefits deductions, direct deposit information, tax elections and PTO calculations and accruals.
- Assist in updating and verifying employee information in payroll software (e.g., address changes, promotions).
- Employee Support:
- Respond to employee inquiries related to payroll, tax withholdings, and benefits deductions.
- Troubleshoot and resolve payroll discrepancies proactively, identifying root causes and implementing solutions.
- System Management:
- Operate and manage the payroll system Paylocity to process payroll and generate reports.
- Recommend process improvements to enhance payroll accuracy and efficiency.
$30-$34 per hour
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