What are the responsibilities and job description for the Payroll Specialist position at Inizio Partners?
About the job Payroll Specialist
Inizio Partners is a top-rated executive hiring and IT placement firm serving clients globally. Inizio's clients include Fortune 500 companies, consulting firms, defense contractors, startups, private equity & venture capital firms etc.
We are currently recruiting for a Payroll Specialist for one of our key customers, a Nasdaq-listed data analytics and digital operations & solutions company that partners with clients to improve business outcomes and unlock growth.
Overview :
The Payroll Specialist will have the full responsibility and ownership of assigned business units to administer payroll independently for approximately 700 employees. The incumbent is expected to have the overall knowledge of law related to processing payroll including understanding of Wage and Hour, FLSA and administering the federal, state and local tax withholding. Provides full-service in-house payroll (from withholding to gross-ups) support to assigned business units, using analytical skills to research and solve issues. Must have the ability to work with minimum supervision and manage multiple tasks at once.
The candidate would be reporting to the Jersey City office once a week .
Responsibilities :
- Perform daily payroll department operations for the USA and Canada.
- Manage workflow to ensure all payroll transactions are processed timely and accurately
- Identify and improve payroll processes from SOX and internal control perspectives
- Review and reconcile payroll transmission to the general ledger
- Prepare, reconcile, and review payroll account balances
- Understand proper taxation of employee and employer benefits and deductions
- Review and process incentive payments
- Communicate with HR to obtain the necessary information to process payroll
- Respond to employees and internal teams when there are payroll inquiries
- Manage ad hoc projects related to payroll and HR
Qualifications
