Payroll Specialist
3 weeks ago
We are looking for a skilled and detail-oriented individual to join our team as a Payroll Specialist. This role is integral in ensuring the accurate and timely processing of payroll, compliance with relevant laws, and the optimization of payroll systems. The successful candidate will have extensive experience in payroll processing and a thorough understanding of payroll regulations and best practices.
Core Responsibilities in Payroll Management- Process full-cycle payroll for all employees, ensuring accuracy and adherence to payroll schedules.
- Conduct regular audits of payroll procedures to ensure compliance with local, state, and federal regulations.
- Maintain and update employee records within the payroll system, including new hires, terminations, and changes to salaries or benefits.
- Prepare and reconcile payroll reports to ensure accuracy and compliance.
- Collaborate with HR and finance departments to resolve payroll discrepancies and issues promptly.
- Calculate overtime, bonuses, allowances, and deductions.
- Handle payroll for different employment types (full-time, part-time, contractors).
- Generate detailed payroll reports for management, such as payroll summaries, cost analyses, and headcount data.
- Collaborate with HRIS (Human Resources Information Systems) teams to implement system updates or improvements.
- Troubleshoot system issues and ensure seamless integration with other HR and finance systems.
- Ensure all statutory deductions and pension contributions are accurately calculated and remitted.
- Stay current with changes in regulations that affect payroll processing and ensure implementation of necessary adjustments.
- Bachelor's degree in Accounting, Finance, Human Resources, or a related field.
- At least 5 years of experience in payroll processing, including proficiency with payroll systems and software like MenaME.
- In-depth knowledge of payroll principles, practices, and procedures, as well as relevant legislation and regulations.
- Excellent attention to detail and analytical skills, with a focus on accuracy and compliance.
- Strong interpersonal and communication skills, with the ability to handle sensitive and confidential information.
- Proficient in Microsoft Office Suite, particularly Excel, for data analysis and reporting.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
Mid-Senior level
Employment typeFull-time
Job functionHuman Resources
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