What are the responsibilities and job description for the Payroll Specialist position at 360 Recruiter Accelerator?
Payroll Specialist
Based in the greater Arlington, TX area
The Payroll Specialist will perform essential duties and execute, lead, and direct the workflow of the Payroll Department to ensure that all payroll is processed accurately and on time and that accounts payable invoices are properly coded and processed promptly.
Essential Duties and Responsibilities
- Compile payroll data such as hours worked, taxes, insurance, employee withholdings, and employee identification numbers from timesheets and other records.
- Prepare computer input forms, enter data into payroll systems, compute wages and deductions, and post to payroll records.
- Review computed wages and correct errors to ensure accuracy.
- Record changes affecting net wages, such as exemptions, insurance coverage, and loan payments for each employee.
- Maintain records of employee transfers between departments.
- Allocate payroll expenses to appropriate departments for cost accounting.
- Prepare periodic reports on earnings, taxes, and deductions.
- Reconcile payroll and employee benefit accounts monthly and quarterly.
- Maintain records of leave pay and nontaxable wages.
- Prepare and issue paychecks.
- Process monthly Edge Credit accruals and assist in payment submissions.
Accounts Payable Responsibilities
Qualifications
Education and Experience