What are the responsibilities and job description for the Payroll Specialist position at Skillcloud Consulting Group Llc?
Job Summary:
We are seeking a detail-oriented and skilled Payroll Specialist to oversee and manage payroll processes for our clients. This role will ensure accurate and compliant payroll execution, troubleshoot payroll-related issues, and support clients with payroll inquiries. Additionally, the Payroll Specialist will maintain payroll data integrity, assist with audits, and manage reporting tasks. Strong analytical skills, a deep understanding of payroll systems, and exceptional client service are essential for success in this role.
Key Responsibilities:
Payroll Processing and Client Interaction
- Serve as the primary point of contact for clients regarding payroll processing and related queries.
- Ensure timely and accurate preparation, calculation, and submission of client payrolls.
- Address and resolve payroll discrepancies and troubleshoot issues as they arise.
Payroll Compliance Auditing
- Conduct regular audits of payroll registers and reports to ensure compliance with legal and organizational standards.
- Stay updated on payroll tax laws and regulations, ensuring all processes align with current requirements.
Data Management and System Updates
- Maintain and update payroll systems with accurate employee data, including earnings, deductions, and tax information.
- Collaborate with HRIS or HCM teams to ensure seamless integration of payroll and HR data.
Benefits and Deductions Administration
- Administer payroll-related benefits, including garnishments, 401(k) contributions, and other deductions.
- Reconcile benefits and payroll data to ensure accuracy.
Custom Report Generation
- Generate and customize payroll-related reports for clients, such as tax filings, earnings summaries, and compliance documents.
Annual and Quarterly Reporting
- Oversee the preparation and submission of quarterly and year-end payroll tax filings, including W-2s and 1099s.
- Manage payroll-related components of OSHA logs and similar annual reporting requirements.
Team Collaboration
- Work closely with internal teams to support client needs and ensure accurate implementation of payroll solutions.
Process Improvement
- Identify and implement process improvements to enhance the accuracy and efficiency of payroll services.
Qualifications:
- Bachelors degree in Business Administration, Accounting, or a related field preferred.
- 2-4 years of experience in payroll processing or payroll administration.
- Comprehensive knowledge of payroll laws, tax compliance, and benefits coordination.
- Experience with payroll software and HCM systems.
- Strong analytical and problem-solving skills.
- Excellent communication and client service abilities.
- Ability to manage multiple priorities in a fast-paced environment.
- Proficiency in Microsoft Office Suite, especially Excel, and familiarity with payroll systems.