What are the responsibilities and job description for the Payroll Specialist position at HireEd?
Description
We are looking for a knowledgeable Payroll Specialist to process and manage the company’s payroll. You will be the one to calculate wages based on hours worked and administer payments.
The payroll specialist will use payroll software with accuracy and efficiency, and must be able to handle sensitive information. The successful candidate will demonstrate excellent communication skills to interact with colleagues and executives, and will work expeditiously to ensure personnel receive the correct compensation in a timely manner.
Responsibilities
- Gather information on hours worked for each employee
- Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system
- Receive approval from upper management for payments when needed
- Prepare and execute pay orders through an electronic system or distribute paychecks
- Administer statements of payment to personnel either electronically or on paper
- Process taxes and payment of employee benefits
- Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
- Address issues and questions regarding payroll from employees and superiors
- Prepare reports for upper management, finance department etc.
Requirements
- Proven experience as payroll specialist
- Solid understanding of accounting fundamentals and payroll best practices
- Very good knowledge of legislation and regulations of the field
- Proficient in MS Office and good knowledge of relevant software and databases
- Trustworthy with attention to confidentiality
- Outstanding organizational ability with great attention to detail
- Excellent communication skills
- High school diploma or equivalent; BSc/BA in business, accounting or relevant field is a plus
Thank you for your interest in our Company.