Payroll Expert (225-629)

The role of a Payroll Expert is pivotal within any organization, serving as the backbone for the smooth processing of payroll operations. This position demands a comprehensive understanding of payroll systems, meticulous attention to detail, and a strong grasp of compliance and regulatory standards. A Payroll Expert ensures that employees receive their salaries on time, without errors, and in accordance with legal requirements. This role calls for an individual who is analytical, organized, and capable of handling complex payroll processes, sometimes involving thousands of employees across different geographical locations. Moreover, a Payroll Expert plays a critical role in maintaining employee satisfaction and trust, as well as legal compliance and financial governance for the organization.

Responsibilities

• Accurately process payroll for all employees in a timely manner.
• Ensure compliance with all federal, state, and local payroll regulations.
• Maintain and update payroll records for auditing and reference purposes.
• Calculate employee wages, overtime, bonuses, and deductions precisely.
• Collaborate with the HR and Finance departments to ensure seamless operations.
• Monitor changes in payroll laws and implement necessary adjustments promptly.
• Resolve any payroll discrepancies or errors reported by employees.
• Prepare payroll reports and summaries for management and audit reviews.
• Coordinate with external payroll vendors when necessary for outsourced services.
• Support internal and external audits by providing requested payroll information.
• Develop and enhance payroll processes for increased efficiency and accuracy.
• Educate and train new staff about payroll procedures and compliance standards.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Proven experience in payroll processing with a deep understanding of payroll systems.
• Strong knowledge of federal and state payroll regulations and tax laws.
• Excellent attention to detail and the ability to manually reconcile payroll discrepancies.
• Proficiency in payroll software, such as ADP, Paychex, or other industry tools.
• Strong interpersonal skills for effective communication with employees and management.
• Demonstrated ability to manage multiple tasks and deadlines effectively.