Payroll Specialist
1 week ago
Summary:
We are seeking a detail-oriented and experienced Payroll Specialist to manage the bi-weekly payroll process for our esteemed client in the financial services sector. This role demands meticulous attention to detail, strong analytical skills, and a commitment to accuracy and compliance with all relevant regulations.
Responsibilities:
- Oversee and execute the bi-weekly payroll cycle, ensuring timely and accurate processing of employee compensation.
- Maintain comprehensive payroll data, including income, deduction codes, and general ledger coding, to ensure data integrity.
- Utilize payroll software to process payroll transactions, enter timecards, and generate paychecks.
- Serve as the primary point of contact for system testing and upgrades, and electronically transmit federal and state tax filings.
- Produce internal payroll reports and reconcile payroll data with the general ledger.
- Prepare essential payroll-related documents, such as quarterly 941s, W-2 processing, and payroll account reconciliations.
- Analyze payroll data to identify trends and potential issues, providing insights to management.
- Collaborate with the Human Resources Information System team to support system development and enhancements.
Skills and Qualifications:
- Minimum 2-year associate degree in business or a related field.
- Proven experience of at least 4 years in computerized payroll processing, with a thorough understanding of federal and state regulations.
- Proficiency in general accounting principles and software applications.
- Demonstrated ability to handle confidential information with the utmost discretion.
- Excellent interpersonal, written, and verbal communication skills.
- Strong organizational skills and the ability to manage multiple priorities effectively.
- Computer literacy and experience with Microsoft Office products (Word, Excel, PowerPoint).
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