Payroll Executive 26O25

The Payroll Executive plays a critical role in the finance and human resources departments by ensuring that employees are paid accurately and on time. This position involves managing payroll processes, maintaining employee records, and ensuring compliance with relevant laws and regulations. A Payroll Executive must possess strong analytical skills, attention to detail, and expertise in using payroll software and systems. Additionally, the role requires effective communication skills to interact with various departments and address payroll-related inquiries. The position demands a high level of integrity, confidentiality, and professionalism, as handling sensitive employee data is a significant aspect of the job. If you are a detail-oriented professional with experience in payroll management and a passion for accuracy and compliance, this role offers an exciting opportunity to contribute to the financial and operational success of the organization.

Responsibilities

• Process employee payroll payments accurately and within set deadlines.
• Maintain and update employee payroll records and information regularly.
• Ensure compliance with federal, state, and local payroll regulations.
• Prepare and distribute payroll reports for internal and external audits.
• Address and resolve payroll discrepancies and inquiries from employees.
• Collaborate with HR and finance departments for coordinated payroll efforts.
• Calculate taxes and deductions, ensuring correct amounts are withheld.
• Manage direct deposit information and changes as per employee requests.
• Stay updated with new wage legislation and amend payroll processes accordingly.
• Assist in year-end activities like preparing W-2s and tax filings.
• Provide training to junior staff related to payroll processes and compliance.
• Support the implementation of new payroll systems or software enhancements.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Proven experience as a Payroll Executive or in a similar payroll position.
• Comprehensive understanding of payroll processes and related regulations.
• Proficiency in payroll software (e.g., ADP, Paychex) and Microsoft Excel.
• Excellent analytical, problem-solving, and mathematical skills are essential.
• Strong attention to detail with a focus on accuracy and compliance.
• Ability to handle confidential information with utmost discretion and integrity.
• Effective communication skills for collaborating with different departments.