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Compensation and Benefits Specialist
2 months ago
POSITION SUMMARY
The Payroll Operations Coordinator is tasked with managing the payroll processes of Matthews International Corporation, ensuring that employee compensation is processed accurately and punctually. This essential position demands meticulous attention to detail, robust analytical capabilities, and the ability to collaborate effectively with staff, supervisors, and other stakeholders. The Payroll Operations Coordinator must exhibit outstanding time management, precision, and professionalism to facilitate seamless payroll operations and a positive experience for all employees and stakeholders.
JOB RESPONSIBILITIES
• Conducts thorough audits of payroll data for precision.
• Reconciles payroll transactions, including tax withholdings, wage garnishments, and voluntary deductions.
• Prepares and submits responses to inquiries from government agencies regarding employee tax submissions.
• Ensures compliance with both internal and external payroll policies during transaction processing.
• Calculates and processes Federal and State tax withholdings, social security contributions, union dues, and other deductions, as well as benefits and retirement contributions.
• Reviews time-worked submissions for errors in calculation or coding.
• Monitors payroll reports for discrepancies or issues.
• Rectifies errors and maintains comprehensive payroll records.
• Reviews and processes payroll adjustments for various types of leave.
• Generates necessary accrual entries.
• Addresses payroll inquiries and resolves any discrepancies.
• Keeps abreast of regulations and laws governing payroll administration.
• Performs additional duties as assigned.
QUALIFICATIONS / REQUIREMENTS
• Bachelor's Degree in Finance, Accounting, Business Administration, or a related field.
• A minimum of 4 years of payroll experience or an equivalent combination of education and experience.
• Occasional travel may be required.
• Proficient in MS Office Suite, Outlook, and internet applications.
• Strong analytical, prioritization, interpersonal, problem-solving, presentation, budgeting, project management, and planning skills.
• Excellent verbal and written communication skills, including analysis and interpretation.
• Solid understanding of mathematical concepts and their application.
• Ability to foster collaborative relationships with colleagues and clients.
• Capable of working independently and as part of a team in a fast-paced, deadline-driven environment.
• Ability to influence peers and management effectively.
• Self-motivated with a keen eye for detail and adherence to deadlines.
• Willingness to work overtime as necessary.
PHYSICAL ASPECTS / WORK ENVIRONMENT
• Regularly required to stand, walk, sit, talk, hear, and see.
• Occasionally lift and/or move up to 10 pounds.
• The work environment may have a high noise level.
Reasonable accommodations may be made to enable individuals to perform essential functions.