Payroll Specialist

Role & responsibilities

• Ensure master data update in payroll management suite and ensure check/control on financial and non-financial data.
• Variance analysis of payroll and other accruals
• Generate monthly/annual compliance report related to salaries.
• Employee queries resolution.
• Maintain payroll information by directing the collection, calculation, and entering of data, process improvements and (re)designing systems.
• Update payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/ division transfers.
• Salary disbursal by issuance of Bank Letters or electronic transfers to bank accounts.
• Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.
• Determine payroll liabilities by approving the calculation of employee income and social security taxes, and employers social security liability, and workers compensation payments.
• Balance the Payroll with Accounts by resolving payroll discrepancies on monthly basis.
• Maintain payroll guidelines by writing and updating policies and procedures.
• Comply with Government and State local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
• Maintain employee confidence and protects payroll operations by keeping information confidential.
• Complete operational requirements by scheduling and assigning employees; following up on work results.
• Manage reimbursement data related to respective Heads in Payroll.
• Contribute to team effort by accomplishing related results as needed.