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Compensation Processing Expert
2 months ago
The Payroll Administration Specialist plays a crucial role in managing and executing payroll functions for various clients. This position entails onboarding new employees, updating existing staff records, and processing payroll for those who have exited the organization, along with generating payroll-related documentation.
Key Responsibilities- Collaborates closely with designated clients to evaluate overall payroll requirements.
- Generates necessary reports, submissions, and documentation, including payroll summaries, year-end tax documents, and other client-specific reports.
- Manages payroll processing for clients, which includes updating payroll databases with new hires and terminations, adjusting pay rates and deductions, verifying timesheets, executing the payroll cycle, inputting direct deposits, preparing payroll tax submissions, and issuing W-2 forms.
- Handles in-house payroll processing and the electronic filing of payroll returns.
- Facilitates new hire onboarding and communication.
- Coordinates with client support regarding payroll agency correspondence.
- Oversees garnishments, benefit plan responsibilities, and necessary reporting to Accounts Payable.
- Downloads payroll transactions processed by third-party services.
- Associate's Degree in Accounting or equivalent professional experience is required.
- A minimum of 2 years of payroll experience is essential.
- Comprehensive understanding of payroll regulations and standards.
- Proficient technological skills.
- Capability to manage multiple projects and adhere to deadlines.
- Strong written and verbal communication skills.
- Team-oriented mindset.
- Innovative thinking abilities.
We offer a comprehensive benefits package that includes health, dental, and vision insurance, an employer-funded profit-sharing plan with a 401(k) option (subject to eligibility), group term life insurance, disability coverage, flexible spending accounts, and a flexible time-off policy along with paid leave options.