Payroll specialist Job Description
Payroll specialist Job Description Template
A Payroll Specialist ensures accurate processing and recording of company's payroll, provides timely and accurate financial information, participates in daily data entry and payroll processing. This role involves handling sensitive information with confidentiality and compliance.
Responsibilities:
- Ensure accurate and timely processing of payroll for all employees
- Review and verify payroll data, including hours worked, taxes, and deductions
- Resolve payroll discrepancies and employee payroll-related concerns
- Stay up-to-date with federal, state, and local payroll laws and regulations
- Prepare and distribute payroll reports for management and accounting purposes
- Maintain confidentiality of payroll data and employee information
- Collaborate with HR department to ensure accurate employee data and ensure smooth onboarding and offboarding processes
- Assist in the development and implementation of payroll policies and procedures
Requirements:
- Bachelor's degree in accounting, finance, or a related field
- At least 2 years of experience in payroll processing and tax compliance
- Knowledge of federal and state payroll regulations and laws
- Proficient in using payroll software and Microsoft Excel
- Excellent analytical and problem-solving skills
- Strong attention to detail and accuracy
- Ability to maintain confidentiality and handle sensitive information
- Effective communication and interpersonal skills for collaborating with team members and addressing employee payroll inquiries.
