Payroll Specialist

Payroll Specialist

Functions include processing payroll for multiple companies.

Dues and Responsibilities

• Retrieve and review employee time records and payroll data from prescribed sources as prepared by clients.
• Complete, verify and process forms and documentation for the administration of benefits, such as pension plans, unemployment and medical insurance.
• Compute wages and deductions and enter data into computers.
• Issue and record payroll adjustments related to previous errors or retroactive increases.
• Post relevant work activity to client files in order to bill clients properly.
• Process and issue employee paychecks and statements of earnings and deductions.
• Record employee information, such as exemptions, transfers and resignations, in order to maintain and update payroll records.
• Review time sheets, work charts, wage computation and other information in order to detect and reconcile payroll discrepancies.
• Verify attendance, hours worked and pay adjustments, and post information onto designated records.
• Compile statistical reports, statements and summaries related to pay and benefits accounts, and submit them to appropriate departments.
• Set up, monitor and report special programs, such as United Way campaigns, that involve payroll deductions.
• Distribute and/or collect timesheets, timecards and other time-keeping methods from clients each pay period.
• Keep informed of changes in tax and deduction laws that apply to the payroll process.
• Prepare and balance period-end reports, and reconcile issued payrolls to bank statements.
• Provide information to employees and managers on payroll matters, tax issues, benefit plans and collective agreement provisions.
• Other duties as assigned by the owner or manager