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The ideal candidate will be responsible for overseeing all aspects of payroll administration, compliance, and reporting to ensure timely and accurate compensation for employees. This role requires a thorough understanding of payroll systems, tax regulations, and accounting principles, along with excellent organizational and problem-solving skills.
Job Responsibility:
Process and manage full-cycle payroll operations, ensuring accuracy and compliance with federal, state, and local regulations
Maintain payroll records and prepare necessary reports such as taxes, deductions, and benefits reconciliations
Handle payroll tax filings, including quarterly and annual reporting forms like W-2s and 1099s
Investigate and resolve payroll discrepancies in a timely manner
Ensure compliance with company policies, labor laws, and tax regulations
Collaborate with HR and accounting teams in maintaining payroll-related policies and procedures
Perform regular audits of payroll data to ensure accuracy and compliance
Reconcile payroll accounts and assist with month-end and year-end closing processes
Stay updated on payroll laws, trends, and system updates to enhance payroll accuracy and efficiency
Respond to employee inquiries related to payroll, compensation, and deductions
Requirements:
Proven experience as a Payroll Specialist, Payroll Accountant, or similar role
Strong knowledge of payroll systems (e.g., ADP, Workday, Paychex) and related software
Familiarity with federal, state, and local payroll tax regulations