What are the responsibilities and job description for the Payroll Specialist position at Pinnacle MEP?
Payroll Specialist
Pinnacle MEP is a Private Equity Merger & Acquisition Company headquartered in St. Clair Shores, Michigan. We support our HVAC/Plumbing/Electrical operating companies located throughout Michigan, Ohio, and Indiana. We are seeking an experienced Payroll Specialist with accounting expertise to join our finance team. This role is essential for ensuring the timely and accurate processing of payroll, as well as supporting various accounting functions. The ideal candidate will have a strong understanding of payroll regulations, excellent organizational skills, and thrive in a fast-paced collaborative environment. Additional responsibilities will include account reconciliations, journal entry postings, and supporting audit preparations.
Responsibilities:
Payroll Processing:
- Prepare and process payroll for employees, ensuring timely and accurate payments.
- Ensure accurate calculation of wages, overtime, bonuses, and deductions.
- Maintain payroll records and ensure compliance with applicable laws and regulations.
Accounting Support:
- Assist with month-end close activities, including payroll journal entries.
- Reconcile payroll-related accounts and resolve discrepancies.
- Support general ledger maintenance and financial reporting.
- Assist with audit preparation and provide necessary documentation.
- Ad-hoc projects and reports as requested.
Compliance and Reporting:
- Keep current on federal, state, and local payroll laws and regulations.
- Review and ensure submission of payroll-related reports, including tax filings and year-end forms (i.e. W-2s).
- Ensure compliance with all applicable wage and hour laws and other payroll regulations.
Employee Support:
- Address employee inquiries regarding payroll issues, deductions, and tax information.
- Support new employee onboarding, including payroll setup and benefits enrollment.
Process Improvement:
- Identify and implement improvements to payroll and accounting processes for greater efficiency.
- Maintain and optimize payroll software and systems as necessary.
Skills and Qualifications:
- Bachelor’s degree in accounting, finance, or a related field with an understanding of GAAP
- Strong understanding of payroll accounting principles and practices
- 4 years of accounting experience
- 3 years of payroll processing experience
- Prevailing Wage and Certified Payroll experience
- Familiarity with payroll software and systems, such as Paychex or ADP
- Excellent analytical and problem-solving skills
- Strong attention to detail and ability to work accurately in a fast-paced environment
- Knowledge of federal, state, and local payroll regulations
- CPP, FPC, CPS preferred
- Construction industry or similar substantive Work in Progress accounting experience is a plus
- Excellent communication and interpersonal skills
- Ability to work independently in a dynamic and changing environment
- Ability to maintain strict confidentiality of company financial information
- Proficiency in Microsoft Excel
- Sage Intacct experience a plus
This is a full-time WFH position based out of the metro Detroit, MI Indianapolis, IN or Cincinnati, OH area. There will be occasional travel to our operating companies. We offer a competitive salary and full benefit package with opportunities for growth and development.