Posted By
Posted in
Banking & Finance
Job Code
1463568
Key Responsibilities:
- Accurately process bi-weekly or monthly payroll for employees, ensuring timely payments.
- Maintain employee records in payroll systems, including new hires, terminations, and changes in employment status or compensation.
- Calculate and record hours worked, overtime, bonuses, and other payroll adjustments.
- Ensure compliance with federal, state, and local payroll tax regulations, including FICA, FUTA, SUTA, and withholding taxes.
- Prepare and file quarterly and annual payroll tax returns (941, 940, W-2s, etc.
- Manage garnishments, levies, and other third-party deductions in accordance with regulations.
- Reconcile payroll prior to transmission and validate reports for accuracy.
- Prepare payroll-related reports for management and finance teams, including tax liabilities, benefits, and deductions.
- Assist in reconciling payroll accounts with general ledger entries.
- Investigate and resolve payroll discrepancies and employee inquiries in a timely manner.
- Collaborate with the HR and Finance departments to address payroll-related issues.
- Maintain payroll software systems and stay updated on relevant tax and payroll law changes.
- Assist in implementing process improvements for payroll and tax workflows.
- Support internal and external audits by preparing payroll documentation and reports.
- Ensure compliance with all payroll tax laws and regulations.
Requirements :
- 2-4 years of experience in U.S payroll processing and tax compliance.
- Strong knowledge of federal, state, and local payroll tax regulations, including FICA, FUTA, SUTA, and wage garnishments.
- Degree in Accounting, Finance, Business Administration, or related field (preferred) or equivalent experience.
- Proficiency in payroll software (e. , ADP, Paycom, or similar platforms).
- Strong Excel skills for data analysis and report generation.
- Familiarity with accounting principles and payroll reconciliation processes.
- Strong attention to detail and excellent organizational skills.
- Ability to manage multiple tasks and deadlines.
- Strong problem-solving skills and ability to handle confidential information with discretion
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Posted By
Posted in
Banking & Finance
Job Code
1463568