What are the responsibilities and job description for the Senior Payroll Accountant position at Partnership Employment?
A fantastic and reputable client in Lincolnwood, IL is looking to hire a Senior Payroll Accountant! This is an exciting opportunity to be part of an organization that offers room for growth and a great workplace culture.
This position reports to the Senior Vice President of Accounting and is characterized by its independent responsibility for performing a wide variety of analytical and technical accounting tasks for a construction remodeling company. Responsibilities include independently performing work in the following areas: general ledger, depreciation, and primary focus on payroll, in addition to performing a variety of recordkeeping, reconciliation, and report preparation and audit activities.
KEY TASKS AND RESPONSIBILITIES
• Collect and verify employee time sheets against hours report for accuracy.
• Calculating sales commissions based on job status and commission structures.
• Collaborating with HR department on employee onboarding and termination procedures.
• Track project expenses, including labor costs, addendums, and change orders.
• Receives accounts receivable and payables; reviews field related invoices for accuracy, complete expense and appropriate authorization; ensures expenses are coded to an approved budgeted line item; notifies departments and Vice President of Accounting if issues; GL codes and inputs invoices into accounting software; provides W9’s to vendors as directed; and prepares backup documentation required for payment.
• Occasionally Prepares/prints AP checks for final approval and signature.
• Records and verifies a variety of financial transactions; prepares and maintains records and a variety of periodic and special financial accounting, and historical reports.
• Oversee and prepares the month-end, Job end, and year-end closing processes, including journal entries, accruals, and reconciliations.
• Perform regular reconciliations of bank statements, accounts receivable, deposit and accounts payable to maintain accurate financial records.
• Assists with annual Budget and annual Financial Report preparations by proofreading documents and verifying information as directed by Vice President of Accounting. Prepares schedules as directed.
• Pulls backup and files during audits, scans/copies information as needed and inventories returned backup.
• May supervise and mentor junior accounting staff, assigning tasks and providing guidance.
• Research information as directed and/or needed.
• Performs other related duties and responsibilities as assigned.
• Input interest accruals into accounting software and reconciliation report.
• Processes payroll bi-weekly; receives approved timesheets; verifies information for appropriateness and approvals; makes a variety of calculations (such as commissions), such as taxable income, benefit amounts, leave accruals, etc.; enters data into software application; generates payroll register; copies and files registers and checks.
• Make accurate arithmetic, financial, and statistical computations.
• Use initiative, discretion, and sound independent judgment within established procedural guidelines.
REQUIRED SKILLS AND QUALIFICATIONS
• Bachelor’s degree from an accredited college with major coursework in accounting, preferred or related field.
• Certified Public Accountant (CPA) license preferred.
• 5 years of progressive accounting experience.
• Full-time, in office schedule consisting of a 40-hour work week at a minimum of 5 days.
• One to two years of progressively more responsible experience in performing accounting, payroll. • Excellent attention to detail and accuracy.
• Skilled in using a variety of computer software, including spreadsheet, word processing, internet applications, and specialized software.
• Construction & Real Estate experience with demonstrated technical expertise in this industry highly preferred.
Salary : $80,000 - $85,000
