What are the responsibilities and job description for the Payroll Specialist position at V-Soft Consulting Group, Inc.?
Hi, This is Santhoshini from V-Soft Consulting. Please review the below JD and help me with your updated resume if you are interested.
About the Role: Lead Payroll Specialist
Primary Location: Winchester, Kentucky
Responsibilities
- Monitors and coordinates deadlines for collection and reporting of payroll data and audit reports and analyses PeopleSoft processes.
- Verifies completion of bi-weekly payroll and general ledger interface processes, and provides documentation required to authorize release of payroll and tax deposits.
- Coordinates with IT to maintain the payroll system and initiate improvements.
- Completes reporting and resolves compliance issues for state and federal regulatory agencies.
- Assists in the development of the organization's payroll budget.
- Processes time and labor and verifies accuracy of reporting.
- Prepares, balances, and coordinates biweekly, quarterly, and year-end taxes and tax forms.
- Balances monthly general ledger activity report for tax accounts.
- Prepares IRS Form W-2s for the organization and reconciles all activity.
- Maintains all confidential files relating to payroll functions.
- Prepares reports for Accounting leadership.
- Calculates and records non-cash taxable benefits for all applicable employees.
- Remains current with payroll related laws and regulations and recommends changes to policies and procedures to ensure compliance.
- Serves as a backup to other payroll team members.
- Mentors less experienced staff.
- Other duties as assigned.
Qualifications
- Bachelor's degree in a related area. An equivalent combination of education and experience may substitute.
- Payroll Specialist: Five (5) years of related experience.
- Lead Payroll Specialist: Seven (7) years of related experience.
Required Skills
- Strong knowledge of state and federal laws and regulations affecting payroll functions.
- Strong knowledge of taxable benefits.
- General knowledge of accounting.
- Proficient in use of ERP payroll and time and labor module, PeopleSoft preferred.
- Proficient computer skills including Microsoft Excel, Word, and PowerPoint.
- Excellent verbal, written, and listening communication skills.
- Excellent organizational skills and attention to detail.
- Excellent interpersonal skills and the ability to work with staff at all levels of the organization including external contacts.
- Provides thorough and timely communication to leadership and team.
- Thorough data entry and validation, documentation, and record-keeping abilities.
- Ability to work independently and in a team-oriented, collaborative environment.
- Ability to exercise discretion and maintain confidentiality.
- Ability to prioritize work, manage time, and adhere to deadlines.
- Ability to solve complex problems.
Preferred Skills
- Competencies: Building Trust, Planning & Organising, Technical/Professional Knowledge & Skills, Quality Orientation, Customer Focus.
Pay range and compensation package
Pay range or salary or compensation
Equal Opportunity Statement
Include a statement on commitment to diversity and inclusivity.
