Payroll Analyst

Memphis Light, Gas and Water • Memphis, TN

2d

About The Position

The Payroll Analyst conducts intermediate professional-level processes and analyzes bi-weekly payroll and related system processes to evaluate the effectiveness and accuracy of MLGW’s payroll system for all employees. The role ensures compliance with federal, state, and local regulations and standards, as well as Division policies and procedures.

The analyst reviews payroll processes and system outputs, analyzes payroll data and prepares reports, consults with management and departmental personnel on payroll matters, and documents and evaluates payroll processes and application enhancements. The position also supports audits, conducts studies of payroll operations, recommends procedural improvements, operates a Division vehicle, and uses departmental software applications and equipment. Duties may be supplemented as necessary.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Two to four years of experience in payroll techniques and practices.
• Valid driver’s license from the state of residence.
• Skills in word processing, spreadsheet packages, and payroll software applications.
• Working knowledge of payroll computer-based operating systems.

Nice To Haves

• Certification recognized by the American Payroll Association.

Responsibilities

• Review payroll processes and computer application outputs for validity and accuracy, including garnishments, bankruptcy wages, IRS tax levies, earning elements, pay calculations, and benefit balances, for compliance with policies and regulations.
• Prepare, analyze, and interpret reports on significant changes to bi-weekly payroll data, including earnings, voluntary and involuntary deductions, pre-tax deductions, and supplemental earnings.
• Consult with management and departmental personnel about time reporting, benefit balances, shift differential pay, overtime, extended pay, supplemental pay, standby pay, and call-out pay.
• Develop and flowchart payroll processes; write business requirements and test scripts; identify formulas; and perform gap analyses for current and future payroll application enhancements or upgrades.
• Conduct special studies of payroll operations and work effectiveness.
• Recommend changes to payroll procedures and methods based on American Payroll Association best practices.
• Prepare, gather, and defend information for internal and external auditors.
• Operate a Division vehicle and departmental computer software applications and equipment.
• Perform other duties as directed.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level