Payroll Services Specialist

Lockheed Martin•Fort Worth, TX

1d•$26 - $47•Remote

About The Position

Performs payroll and labor accounting duties by applying payroll accounting principles. WORK PERFORMED Processes vacation, sick/personal business leave, and special payments, such as cash equivalent awards, patent awards, union grievance payments, and lump sums. Reports pay corrections. Assesses and inputs late requests for various leave of absence payments. Sets-up initial union dues and arrears deductions. May input employees’ Family Medical Leave (FML) hours into labor data management systems. Manages billings for vacation liabilities for transfers in/out/or between business units. Reviews, verifies, and makes appropriate inputs for on-line checks in accordance with Company policies and state laws. Submits requests and coordinates on-site printing and distribution of online checks. Verifies and enters check distribution information. Counsels and assists employees concerning payroll, payroll accounting activities, time entry inputs, proper labor recording, and various policies regarding labor input. Performs the analysis and reconciliation of data pertaining to payroll and labor accounting, reconciling discrepancies and determining corrective action. Prepares and reconciles reports for suspense, exceptions, and discrepancies. Monitors and assists with correction of exception reports. Corrects suspense to valid accounts or cost element/WBS element. Maintains financial tables. Prepares and reconciles reports and payroll general ledger accounts, and employee sick/personal business leave accrual journals. Identifies the reconciliation of billable and non-billable items, as applicable. Identifies the payroll report differences of billed items versus items to be journaled. Assembles payroll or labor cost and other accounting data to prepare and process journals at month end, investigating errors for corrective action. Computes amounts of miscellaneous accruals and write-offs. Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics. The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration. At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility. If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs , and apply for roles that align with your qualifications. Other Important Information By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.

Requirements

Experience with Payroll.
Experience with MS Office.

Nice To Haves

Experience with Reconciliation - such as Bank, Payroll or Labor.
Ability to use excel.
Ability to use a computer.
Good Communication Skills
Ability to Prioritize Work in fast paced environment
Ability to Work in a Virtual Team Environment

Responsibilities

Processes vacation, sick/personal business leave, and special payments, such as cash equivalent awards, patent awards, union grievance payments, and lump sums.
Reports pay corrections.
Assesses and inputs late requests for various leave of absence payments.
Sets-up initial union dues and arrears deductions.
May input employees’ Family Medical Leave (FML) hours into labor data management systems.
Manages billings for vacation liabilities for transfers in/out/or between business units.
Reviews, verifies, and makes appropriate inputs for on-line checks in accordance with Company policies and state laws.
Submits requests and coordinates on-site printing and distribution of online checks.
Verifies and enters check distribution information.
Counsels and assists employees concerning payroll, payroll accounting activities, time entry inputs, proper labor recording, and various policies regarding labor input.
Performs the analysis and reconciliation of data pertaining to payroll and labor accounting, reconciling discrepancies and determining corrective action.
Prepares and reconciles reports for suspense, exceptions, and discrepancies.
Monitors and assists with correction of exception reports.
Corrects suspense to valid accounts or cost element/WBS element.
Maintains financial tables.
Prepares and reconciles reports and payroll general ledger accounts, and employee sick/personal business leave accrual journals.
Identifies the reconciliation of billable and non-billable items, as applicable.
Identifies the payroll report differences of billed items versus items to be journaled.
Assembles payroll or labor cost and other accounting data to prepare and process journals at month end, investigating errors for corrective action.
Computes amounts of miscellaneous accruals and write-offs.