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Title
Text copied to clipboard!Payroll and Compensation Coordinator
Description
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We are looking for a skilled Payroll and Compensation Coordinator to manage and oversee the payroll and compensation functions of our organization. The individual in this role will support our HR and accounting departments to ensure that employee salaries, bonuses, tax deductions, and other financial benefits are processed accurately and on time.
The ideal candidate should have a strong understanding of payroll systems, payroll software, and local labor laws. Responsibilities include preparing monthly payroll, verifying employee attendance and time records, calculating taxes and deductions, and generating relevant reports.
Additionally, the candidate will be responsible for addressing employee inquiries related to payroll and resolving any discrepancies promptly. Maintaining confidentiality and ensuring accuracy and timeliness are critical aspects of this role.
To succeed in this position, the candidate must possess analytical thinking, problem-solving skills, and a collaborative mindset. Prior experience in a similar role will be considered an advantage.
Responsibilities
Text copied to clipboard!- Prepare and process monthly payroll
- Verify employee time and attendance records
- Calculate taxes and other deductions
- Generate payroll-related reports
- Respond to employee payroll inquiries
- Update payroll software with accurate data
- Maintain confidentiality of payroll information
- Ensure compliance with payroll policies
- Prepare documents for audits
- Coordinate with other departments
Requirements
Text copied to clipboard!- Bachelor’s degree (Accounting/Business Administration preferred)
- Minimum 2 years of payroll processing experience
- Proficiency in payroll software
- Knowledge of local labor laws
- Advanced Excel skills
- Analytical thinking
- Attention to detail and timeliness
- Teamwork skills
- Strong communication skills
- Ability to maintain confidentiality
Potential interview questions
Text copied to clipboard!- How many years of payroll experience do you have?
- Which payroll software have you used?
- How do you identify and correct payroll errors?
- How do you ensure confidentiality?
- How do you verify time and attendance?
- Are you familiar with local labor laws?
- Are you proficient in Excel?
- Can you work under pressure?
- Can you generate payroll reports?
- Are you comfortable working in a team?
