Payroll Specialist
6 days ago
Almawarid is seeking a highly organized and detail-oriented Payroll Specialist to join our dynamic finance team. As a crucial member of our organization, you will be responsible for managing the end-to-end payroll process, ensuring that all employees are paid accurately and on time. Your expertise will contribute to the financial well-being of our workforce, enhancing overall employee satisfaction and motivation. The Payroll Specialist will work closely with HR to ensure that new employee records are set up correctly and assist in the resolution of any payroll-related inquiries. This role also involves analyzing payroll data to identify trends and discrepancies, ensuring compliance with legal regulations, and maintaining confidentiality at all times. To excel in this position, you should have a thorough understanding of payroll regulations and best practices, along with excellent math, analytical, and communication skills. Join us at Almawarid, and help us cultivate a workplace where employees feel valued and supported, while also developing your career in a collaborative and forward-thinking environment.
Responsibilities
- Manage all aspects of the payroll process, including data entry, payroll calculations, and distribution of payslips.
- Ensure compliance with federal, state, and local payroll laws and regulations.
- Maintain accurate payroll records and update employee files with changes in compensation, benefits, and deductions.
- Prepare and process payroll reports, including tax filings and year-end reports such as W-2s and 1099s.
- Collaborate with HR to ensure timely and accurate onboarding of new employees regarding payroll-related tasks.
- Respond to payroll inquiries from employees and address issues in a timely manner.
- Work closely with finance to reconcile payroll data with monthly financial reports and audits.
Requirements
- Proven experience as a Payroll Specialist or in a similar role within the finance or HR field.
- Strong knowledge of payroll software and proficiency in MS Excel and other relevant applications.
- Familiarity with payroll taxes, labor laws, and compliance regulations.
- Excellent numerical aptitude and attention to detail for accurate data management.
- Strong analytical skills to analyze payroll data and identify discrepancies.
- Effective communication skills, both written and verbal, for interacting with employees and management.
- Ability to maintain confidentiality and handle sensitive employee information professionally.
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