Payroll Specialist

Job Description

We are looking for a knowledgeable Payroll Specialist to process and manage the company’s payroll. You will be the one to calculate wages based on hours worked and administer payments.

A payroll specialist is able to use payroll software with accuracy and efficiency. They are good with numbers and can be trusted with sensitive information. They also have great communication skills to interact with colleagues and executives.

The goal is to ensure personnel receives the correct compensation in a timely manner.

Responsibilities

Gather information on hours worked for each employee

Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system

Receive approval from upper management for payments when needed

Prepare and execute pay orders through an electronic system or distribute paychecks

Administer statements of payment to personnel either electronically or on paper

Process taxes and payment of employee benefits

Keep track of hour rates, wages, compensation benefit rates, new hire information etc.

Address issues and questions regarding payroll from employees and superiors

Prepare reports for upper management, finance department etc.

Requirements and skills

Proven experience as payroll specialist or payroll manager

Solid understanding of accounting fundamentals and payroll best practices

Very good knowledge of legislation and regulations of the field

Proficient in MS Office and good knowledge of relevant software (e.g. Kronos, Payforce) and databases

Trustworthy with attention to confidentiality

Outstanding organizational ability with great attention to detail

Excellent communication skills

High school diploma or equivalent; BSc/BA in business, accounting or relevant field is a plus