What are the responsibilities and job description for the Payroll Specialist position at Phaxis?
This leading investment management firm is seeking a Payroll Specialist to join its Family Office Management group to perform activities necessary to process several payrolls for various client entities. This is a collaborative, fast-paced environment and we’re searching for a strong payroll professional who thrives in a busy role.
Primary Responsibilities:
- Perform pay data entry, including time and attendance, employee maintenance and record keeping using payroll application ADP, Paychex, CBIZ and Insperity
- Perform daily payroll department operations for various family office client entities
- Work with PEOs as necessary to coordinate on behalf of clients
- Execute end-to-end payroll processing to ensure compliance with federal, state and local payroll, wage, and hour laws and best practices
- Understand proper taxation of employer provided benefits
- Process correct garnishment calculations and compliance
- Prepare and maintain accurate records and reports of payroll transactions
- Review time and attendance processing and interface with payroll
- Calculate gross-up calculations and manual checks
- Ensure accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates
- Year-end reporting – verification of vendor reporting (W-2, W-2c, 1099, etc.)
- Process WC/SDI Insurance Payments/Audits
- Respond to client request quickly and accurately
- Maintain client files in an electronic filings system
Qualifications:
- Bachelor's degree
- Proficiency with payroll software – ADP, Paychex, CBIZ and Insperity a plus
- Working knowledge of payroll processing, federal and state tax principles, wage and hour laws for both corporate and household type entities in multi states strongly preferred
- Ability to calculate payroll tax withholding
- Proficiency in Word, Outlook, and Excel
- Understanding of state workers compensation and disability laws
- Ability to meet strict deadlines, maintain strict confidentiality and exercise extreme discretion
- Excellent organizational skills and attention to detail
Salary : $95,000 - $100,000