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Title
Text copied to clipboard!Payroll Specialist
Description
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We are looking for a detail-oriented Payroll Specialist to be responsible for all payroll-related tasks. The Payroll Specialist's responsibilities include collecting and reviewing employee information and working hours, calculating wages, preparing and processing employee payments, and maintaining accurate payroll records. This role requires the ability to work independently, excellent organizational skills, and the ability to maintain confidentiality. The successful candidate will have a strong understanding of payroll systems and regulations, excellent attention to detail, and strong analytical skills. They will also have excellent communication skills, with the ability to liaise effectively with both finance and human resources departments.
Responsibilities
Text copied to clipboard!- Collecting timesheet data and payroll information.
- Entering data into payroll and administrative databases and software programs.
- Calculating wages, benefits, tax deductions, commissions, etc.
- Preparing and processing paychecks and cash deposits.
- Maintaining accurate records of payroll documentation and transactions.
- Preparing and distributing income statements.
- Responding to payroll-related inquiries and resolving concerns.
- Performing account balance and payroll reconciliations.
- Preparing financial reports for accounting and auditing purposes.
- Preparing periodic payroll reports for review by management.
Requirements
Text copied to clipboard!- Bachelor’s degree in finance, accounting, or related field.
- Proven experience as a 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 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.
Potential interview questions
Text copied to clipboard!- What payroll systems have you worked with in the past?
- How do you ensure accuracy when preparing and processing payroll?
- Can you describe a time when you had to resolve a payroll discrepancy?
- How do you stay updated on changes in payroll laws and regulations?
- What strategies do you use to maintain confidentiality in your work?