PAYROLL SPECIALIST
ABOUT THE COMPANY:
Our client is a leader within their industry specializes in insurance. With a strong focus on culture & employee engagement, they are committed to delivering excellence. They believe in fostering a collaborative and inclusive work environment where every team member's contribution is valued and recognized. As they continue to grow, they are seeking a skilled Payroll Specialist to join their dynamic team.
Job Description: As a Payroll Specialist, you will play a crucial role in ensuring accurate and timely processing of employee payroll. You will be responsible for managing all aspects of payroll administration and compliance, ensuring adherence to relevant laws and regulations. The ideal candidate will have 2-5 years of experience in payroll processing, a strong attention to detail, and a solid understanding of payroll best practices.
OVERVIEW OF THE PAYROLL SPECIALIST ROLE:
- Process payroll accurately and timely for all employees, including salary, benefits, bonuses, and deductions.
- Payroll Specialist ensures compliance with federal, state, and local payroll laws and regulations.
- Maintain and update employee records related to payroll, including tax withholding, direct deposit information, and personal details.
- Address employee inquiries regarding payroll matters and resolve any issues or discrepancies.
- Collaborate with HR and Finance teams to ensure accurate data transfer and reporting.
- Prepare and distribute payroll reports and summaries to management as required.
- Stay updated on payroll industry trends, regulations, and best practices to ensure continuous process improvement.
PREFERRED QUALIFICATIONS FOR THE PAYROLL SPECIALIST ROLE:
- Bachelor's degree in Accounting, Finance, Human Resources, or a related field preferred.
- 2-5 years of experience in payroll processing or a similar role.
- Payroll Specialist needs in-depth knowledge of payroll regulations, tax laws, and best practices.