Financial Data Specialist
3 days ago
About the Job: We are seeking a highly skilled Financial Data Specialist to join our team at Summit Bank. As a key member of our Accounting and Finance department, you will play a critical role in ensuring the accuracy and efficiency of our payroll and human resources processes.
Job Summary: The Financial Data Specialist will be responsible for managing our bank's payroll, including processing employee information, calculating wages, and ensuring compliance with local, state, and federal employment laws. Additionally, this role will involve maintaining HR data, implementing process improvements, and analyzing and reporting on data within our ADP system.
Key Responsibilities:
- Process electronic time sheets and ensure timely completion by colleagues and supervisors prior to payroll cutoff
- Train employees and supervisors on how to utilize the ADP system for submitting requests, tracking time, and reviewing data for accuracy
- Follow up and resolve exceptions, answer employee questions about pay records, benefits calculations, taxes, insurance deductions, or timesheets
- Audit vacation and leave hours each payroll before final tabulations for payroll
- Prepare and file payroll taxes, including federal, state, and local taxes
- Maintain, track, and communicate payroll exceptions and special considerations affecting payroll to Controller, CFO, and/or HR Director before payroll is due to be closed for processing
- Coordinate vendor payment and vendor management with finance team
- Download and distribute requested reports at the close of each payroll for the HR Director and/or CFO
- Compile and prepare annual incentive program, work with CFO and HR Director to write communication re: incentive pay, runs mail merge and distribution
- Explain and interpret payroll policies, procedures, regulations, and rules
Requirements:
- Working knowledge as payroll officer, administrator, or similar role with at least 3 years of experience
- Ability to complete a variety of moderately complex duties and research and resolve semi-complex situations/problems under general supervision
- Detail-oriented with ability to work with limited supervision
- Strong interpersonal skills with the ability to establish and maintain excellent working relationships with external and internal clients and team members
- Excellent written and verbal communication skills, problem-solving, organizational, and time management skills
- Excellent computer knowledge and skills in an ADP and Windows environment
- Ability to build mid-level to complex advanced reporting by use of Excel, Crystal reports, and HR database software
- Ability to work quickly, manage multiple priorities, and meet guidelines/deadlines
Salary: $65,000 - $85,000 per year, depending on experience
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