Payroll Representative I

Centennial Bank•Conway, AR

About The Position

The Payroll Representative I is responsible for accurately calculating and processing payroll for new hires, rehires, transfers, and terminating employees. This role also processes salary changes, retroactive payments, timecard adjustments, direct deposit requests, and tax elections. The Payroll Representative I ensures that all employee wages are processed promptly, with precision and compliance to established policies.

Requirements

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc.
Equivalent to a four year college degree plus 2 years related experience and/or training, or equivalent combination of education and experience.
Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rate, ratio, and percent and to prepare and interpret bar graphs.
Ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions.
Ability to deal with problems involving several known variables in situations of a routine nature.
Intermediate: 10-Key, Contact Management, Human Resources Systems, Payroll Systems, Spreadsheet, Word Processing/Typing, Presentation/PowerPoint
Basic: Accounting, Data Entry
Must be organized and have excellent time management skills.
Must communicate well with others verbally and in writing.

Responsibilities

Coordinate, set up, and process payroll payments for new hires, rehires, employee transfers, and terminating employees, ensuring accuracy, timeliness, and compliance with department processes.
Process timecard adjustments and corrections with attention to detail and accuracy.
Administer direct deposit updates and tax election changes as needed, to verify employee records remain current.
Process salary changes, including the calculation and issuance of retroactive pay, to ensure accurate compensation.
Support employees and managers in navigating and utilizing the Payroll and Human Resources Information System to assure smooth and consistent use.
Respond to employee questions regarding payroll matters each day to promote timely resolution.
Assemble supporting documentation for all payroll entries in accordance with Internal and External Audit requirements.
Assist with various audits, projects, reorganizations, acquisitions, and conversions as necessary.
Adhere to daily payroll processing deadlines to maintain continuity and compliance.
Review similar payroll work processed by colleagues for accuracy and compliance, as necessary.
Respond promptly to employment verification requests.
The ability to work in a constant state of alertness and in a safe manner.
Completes required BSA/AML training and other compliance training as assigned.
Perform any other related duties as required or assigned.