What are the responsibilities and job description for the General Accountant - Payroll position at Goodwill Industries of the Southern Piedmont?
Description
SUMMARY
Processes Agency's payroll, maintains payroll records, and review payroll-related tax reports by performing the following duties:
ESSENTIAL DUTIES AND RESPONSIBILITIES are listed below in order of importance, from most important to least important.
Compiles and verifies accuracy and complete documentation of payroll data such as hours worked, taxes, insurance premiums and other items to be withheld from the time and labor and payroll system.
Computes total hours to be paid, wages and deductions, enters data into the payroll system and posts to payroll records.
Reviews wages computed, corrects errors to ensure accuracy of payroll and generates paychecks.
Records and processes changes affecting wages such as exemptions, insurance coverage, changes in wages or salaries and updates master payroll records.
Prepares periodic reports of earnings, taxes and deductions for management, local and federal governments and other institutions.
Reviews payroll tax liability reports including 941s and reconciles W-2 information to payroll records.
Maintains records of leave pay and nontaxable wages and confirms that current and accumulated payroll figures are accurate and balanced on payroll reports.
Verifies accuracy of deductions for weekly and biweekly pay periods.
Ensures that pre-tax deductions balance with taxable gross, and taxes withheld and correct payments to administrators are made.
Responds in a timely manner to third party processor payroll questions regarding the Retirement Plan; and provides termination reports and wage verification.
Maintains working knowledge of federal regulations pertaining to payroll practices.
Prepares and submits North Carolina Employers Income Tax Withholding Returns for Agency.
Maintains retirement information in Principal and ensures timely processing to include monitoring team member change requests and auditing.
Documents processes, SOP’s, and participates in cross-training.
Assists Manager in the monthly financial closing by preparing monthly journal entries, reconciling assigned accounts, assisting in the review of general ledger activities, and analysis of variances.
Compiles payroll data such as hours worked, sales or piecework, and taxes to be withheld, and team member 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.
Reviews wages computed and corrects errors to ensure accuracy of payroll. Prepares and issues paychecks.
Records changes affecting net wages such as exemptions and pay rate changes for each team member to update master payroll records.
Supervisory Responsibilities
This job has no supervisory responsibilities.
Additional Responsibilities
Assists with the training of new supervisors, managers, and HR on payroll policies and procedures; Works with Information Technology to maintain and troubleshoot the time and labor system; and performs other job-related tasks as assigned by the Manger, Accounting operations or the Controller.
LEADERSHIP COMPETENCIES
Mission & Community Oriented
To perform this job successfully, an individual must demonstrate the following competencies defined for a TEAM Leader within Goodwill’s Leadership Competency Model and in alignment with our Core Values and Strategic Vision:
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Also listed below are the physical demands that must be met by the team member and the work environment characteristics that the team member will encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable otherwise qualified individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
Associate's degree (A. A.) or equivalent from two-year college or technical school in Accounting, Business Administration or related field and three years' experience processing payroll; or the equivalent combination of education and experience.
CERTIFICATES, LICENSES, REGISTRATIONS
This job has no certificate, license or registration requirements.
SUMMARY
Processes Agency's payroll, maintains payroll records, and review payroll-related tax reports by performing the following duties:
ESSENTIAL DUTIES AND RESPONSIBILITIES are listed below in order of importance, from most important to least important.
Compiles and verifies accuracy and complete documentation of payroll data such as hours worked, taxes, insurance premiums and other items to be withheld from the time and labor and payroll system.
Computes total hours to be paid, wages and deductions, enters data into the payroll system and posts to payroll records.
Reviews wages computed, corrects errors to ensure accuracy of payroll and generates paychecks.
Records and processes changes affecting wages such as exemptions, insurance coverage, changes in wages or salaries and updates master payroll records.
Prepares periodic reports of earnings, taxes and deductions for management, local and federal governments and other institutions.
Reviews payroll tax liability reports including 941s and reconciles W-2 information to payroll records.
Maintains records of leave pay and nontaxable wages and confirms that current and accumulated payroll figures are accurate and balanced on payroll reports.
Verifies accuracy of deductions for weekly and biweekly pay periods.
Ensures that pre-tax deductions balance with taxable gross, and taxes withheld and correct payments to administrators are made.
Responds in a timely manner to third party processor payroll questions regarding the Retirement Plan; and provides termination reports and wage verification.
Maintains working knowledge of federal regulations pertaining to payroll practices.
Prepares and submits North Carolina Employers Income Tax Withholding Returns for Agency.
Maintains retirement information in Principal and ensures timely processing to include monitoring team member change requests and auditing.
Documents processes, SOP’s, and participates in cross-training.
Assists Manager in the monthly financial closing by preparing monthly journal entries, reconciling assigned accounts, assisting in the review of general ledger activities, and analysis of variances.
Compiles payroll data such as hours worked, sales or piecework, and taxes to be withheld, and team member 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.
Reviews wages computed and corrects errors to ensure accuracy of payroll. Prepares and issues paychecks.
Records changes affecting net wages such as exemptions and pay rate changes for each team member to update master payroll records.
Supervisory Responsibilities
This job has no supervisory responsibilities.
Additional Responsibilities
Assists with the training of new supervisors, managers, and HR on payroll policies and procedures; Works with Information Technology to maintain and troubleshoot the time and labor system; and performs other job-related tasks as assigned by the Manger, Accounting operations or the Controller.
LEADERSHIP COMPETENCIES
Mission & Community Oriented
To perform this job successfully, an individual must demonstrate the following competencies defined for a TEAM Leader within Goodwill’s Leadership Competency Model and in alignment with our Core Values and Strategic Vision:
- Commitment to Goodwill’s Mission & Core Values – Models and champions Goodwill’s Mission and Core Values
- Commitment to Inclusion – Champions inclusion activities, strategies, and initiatives
- Community & Service Driven – Models high-level services that differentiate Goodwill from other organizations
- Relationship-Building Skills – Effectively models approachability and openness
- Communication Skills – Effectively tailors communication to the appropriate audience
- Commitment to Development – Encourages staff to utilize tools to support their development
- Commitment to Quality Results – Encourages staff accountability for meeting goals and producing high-quality results
- Business Acumen – Effectively transfers learning from one situation to another
- Stewardship – Effectively works within financial guidelines and reports all financial irregularities immediately to management
- Emotional Maturity – Tempers personal emotions and escalates sensitive issues to the appropriate level of management
- Integrity – Effectively models sound professional ethics
- Capacity for Change – Champions the awareness and impact of change
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Also listed below are the physical demands that must be met by the team member and the work environment characteristics that the team member will encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable otherwise qualified individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
Associate's degree (A. A.) or equivalent from two-year college or technical school in Accounting, Business Administration or related field and three years' experience processing payroll; or the equivalent combination of education and experience.
CERTIFICATES, LICENSES, REGISTRATIONS
This job has no certificate, license or registration requirements.
