What are the responsibilities and job description for the Payroll Specialist position at First Southern National Bank?
Job Description
Job Description
About Us
First Southern National Bank is a community and relationship-driven bank serving twelve counties throughout Central and Western KY. Our home office is based in Stanford, with a population of 3,000. After celebrating our 40th anniversary, our passion for building a great company has never been stronger. We recognize that we have been given an opportunity to use our example, our influence, and our resources to help others make wise financial decisions, and our desire is to do just that.
Position Summary
The Payroll Specialist position is responsible for processing payroll for all Family of Companies entities, ensuring accuracy and compliance with federal, state, and local regulations. This role involves maintaining payroll records, handling deductions, resolving payroll discrepancies, and providing excellent service to team members regarding payroll-related inquiries.
Key Responsibilities
- Accurately and timely process payroll for all team members.
- Manage all payroll changes, including new hires, terminations, wages, and benefit deductions.
- Maintain team member trust by keeping payroll information confidential.
- Keep accurate payroll records, including wages, deductions, and benefits.
- Ensure compliance with federal, state, and local tax laws and regulations.
- Address payroll discrepancies, resolve team member issues, and answer inquiries in a timely manner.
- Prepare payroll reports for management and auditors.
- Coordinate with the accounting department for allocations and reporting.
- Manage payroll taxes, including filing and reporting.
- Accurately and promptly process year-end reporting of W-2s and 1095-C / 1094-C Affordable Care Act (ACA) Forms.
- Perform other duties as assigned.
Qualifications
Equal Opportunity Employer - All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.