Payroll Specialist

PHARPOINT RESEARCH INC•Durham, NC

2d•Onsite

About The Position

Perform the execution of financial functions involving invoicing, accounts receivable, accounts payable, purchasing, payroll, and general bookkeeping. This role is responsible for processing payroll for all employees on a timely basis, ensuring accuracy in wages, bonuses, overtime, and deductions. It also involves maintaining and updating employee payroll records, ensuring compliance with payroll laws and regulations, and preparing various payroll-related reports.

Requirements

A high school diploma or equivalent is required.
A minimum of 2 years of experience in payroll processing or a similar role is required.
Proficiency with payroll software (e.g., ADP, Paychex, Paylocity) is essential.
Knowledge of tax laws and payroll regulations is essential.
Ability to read, write, speak, and understand English is required.

Nice To Haves

A degree in accounting, finance, or business is preferred.
Certification in payroll (e.g., Certified Payroll Professional – CPP) is highly desirable.
An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.
Must have a valid driver’s license with no limitations on driving availability.

Responsibilities

Process payroll for all employees on a timely basis, ensuring accuracy in wages, bonuses, overtime, and deductions.
Maintain and update employee payroll records, including personal information, tax exemptions, and wage changes.
Ensure compliance with federal, state, and local payroll laws and regulations.
Prepare and distribute paychecks or direct deposit statements to employees.
Assist employees with payroll-related inquiries and resolve issues or discrepancies in a professional manner.
Calculate and file payroll taxes, ensuring timely submission to appropriate government agencies.
Manage benefits deductions and ensure proper recording in payroll systems.
Prepare reports on payroll expenses, tax filings, and employee compensation for management and auditors.
Perform monthly payroll reconciliation.
Stay updated on changes to payroll tax laws, benefits regulations, and best practices.
Collaborate with HR and finance teams to ensure seamless payroll integration with timekeeping systems and employee records.
Perform other double-entry accounting activities as necessary.
Contribute to building strong internal and external client relationships through positive interactions.
Perform all other related duties as assigned.