PayrollSpecialist

SUMMARY Responsible for payroll functions; applies principles of accounting to analyze financial information and prepare financial reports by performing the following duties. ESSENTIAL DUTIES AND RESPONSIBILITIES Monitors compliance with generally accepted accounting principles and company procedures; Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports; Compiles payroll data such as garnishments, vacation time, 401 (k) deductions, hours worked, sales or piecework, taxes, insurance, and employee identification number, from time sheets and other records; Prepares computer input forms, enters data into computer files, or computes wages and deductions and posts to payroll records; Responds to employee/client questions regarding pay; Reviews wages computed and corrects errors to ensure accuracy of payroll; Records changes affecting net wages such as exemptions, insurance coverage, and loan payments for each employee to update master payroll records; Records data concerning transfer of employees between departments; Prepares periodic reports of earnings, taxes, and deductions; Prepares weekly, monthly and year-end reports (gross payroll, hours worked, vacation accrual, tax deductions, benefit deductions, etc.) for management; Keeps records of leave pay and nontaxable wages; Prepares and issues paychecks; Responsible for mailing W-2’s; Handles duties of Billing Accountant in their absence; Performs other office duties as needed to ensure smooth financial processes. This job has no supervisory responsibilities. Payroll Staff Accountant is subject to supervision by the Controller and VP, Finance COMPETENCY To perform the job successfully, an individual should demonstrate the following competencies (minimum of 5): Analytical – Collects and researched data; Uses intuition and experience to complement data; Designs work flows and procedures;Synthesizes complex or diverse information; Uses intuition and experience to comple