Payroll Specialist

Groupe Savencia•New York, NY

22d

About The Position

The Payroll Specialist will be responsible for preparing and processing semi-monthly payroll for both hourly and salaried employees. This role involves making necessary adjustments for raises, bonuses, and commissions, as well as ensuring the accuracy of timesheets. The specialist will maintain and update employee records, ensuring compliance with all federal, state, and local payroll regulations, taxes, and garnishments. Key responsibilities include reconciling payroll-related general ledger accounts, generating various payroll and benefit reports for management and audits, and addressing employee inquiries regarding pay, deductions, and tax forms.

Requirements

5 years’ experience in payroll processing.
Basic knowledge of bookkeeping.
Proficiency in payroll software (e.g., ADP, Paychex, UnicornHRO) and Microsoft Excel.
Strong understanding of payroll laws, tax regulations, and benefits administration.
High level of precision in numerical data entry and auditing.
Excellent organizational, time-management, and communication skills.

Nice To Haves

SAP proficiency

Responsibilities

Prepare and process semi-monthly payroll for hourly and salaried employees.
Make adjustments in pay for raises, bonuses, and commission.
Check timesheets for accuracy and communicate with managers and HR Director as needed.
Maintain and update employee records, including new hires, terminations, deductions, benefits, salary changes, bonus pay, overtime, retro pay, and tax withholdings.
Ensure compliance with federal, state, and local regulations regarding payroll, taxes, and garnishments.
Reconcile payroll-related general ledger accounts and resolve any discrepancies.
Reconcile benefit-related accounts.
Generate payroll reports, budgets, and ad hoc reports as requested by management.
Answer employee questions regarding pay, deductions, and tax forms.
Prepare payroll reports for financial and 401K audits.
Generate and communicate benefit reports to the Benefit Manager.