Payroll Specialist - Payroll Specialist Senior

American Electric Power•Columbus, OH

1d•$22 - $32

About The Position

The Payroll Specialist is responsible for input and verification of employee data to support on and off-cycle payrolls. Specific duties to be performed are ongoing reviews to ensure proper computations (e.g., garnishments, time data, pay adjustments, benefit and general deductions, etc.), withholding (employee and employer taxes) and preparation of various remittances (e.g., direct deposit, general deductions, etc.), and resolution of payroll issues and concerns. What You'll Do: Demonstrate the highest standards of ethical behavior to maintain employee/company confidence and protect payroll operations by keeping information confidential. Manage workflows to ensure all payroll transactions are processed accurately and timely. Understand the various types of garnishments, calculations, and ensure compliance. Maintain and verify changes for an employee's general deductions, garnishments, tax withholdings, direct deposit, automatic payments, and pay adjustment data. Processing and validating special payments such as relocation, bonuses, deferred compensation, deceased, manual, etc. Review wages computed (time data/pay adjustments/tax adjustments/deductions adjustments) and correct errors to ensure accuracy of payroll. Understand the taxation of employer paid benefits, employee pre-tax deductions, and earnings with specific taxation methods. Receive and respond to pay-related inquiries using discretion and effective oral and written communications with employees, HR locations, and outside agencies. Keep current with new legislation and regulatory ruling impacting payroll. Assist with enforcing adherence and keep supervision abreast of possible situations for review and action. Ability to identify and encourage continuous improvement measures relating to procedures, processes, and standardization within the team. Identify and report issues to appropriate parties (e.g., management, HR, IT, etc.). Actively participate and engage in the activities of providing the necessary support to test and validate the functions of the payroll system associated with maintenance packs (tax bundles) and system upgrades.

Requirements

Associate's degree in business with a major in accounting, finance, or business administration from an accredited college or university preferred.
One year of total work experience in business administration and/or accounting/finance, preferably for a multistate medium to large size employer.
FPC or CPP a plus.
Excellent analytical and problem-solving skills can quickly access the situation and rectify.
Pays very high attention to detail.
Basic accounting and math skills.
Ability to multitask with frequent interruptions.
Manage multiple priorities: Planning, Organizing, and Time Management.
Continuous Improvement (Adaptability, Flexibility, Creativity, and Initiative).
Proficient personal computer knowledge and skills such as Microsoft Office applications.
Teamwork contribution to team success.
Good written and verbal communication skills.
Flexible during times of transition and change.

Responsibilities

Demonstrate the highest standards of ethical behavior to maintain employee/company confidence and protect payroll operations by keeping information confidential.
Manage workflows to ensure all payroll transactions are processed accurately and timely.
Understand the various types of garnishments, calculations, and ensure compliance.
Maintain and verify changes for an employee's general deductions, garnishments, tax withholdings, direct deposit, automatic payments, and pay adjustment data.
Processing and validating special payments such as relocation, bonuses, deferred compensation, deceased, manual, etc.
Review wages computed (time data/pay adjustments/tax adjustments/deductions adjustments) and correct errors to ensure accuracy of payroll.
Understand the taxation of employer paid benefits, employee pre-tax deductions, and earnings with specific taxation methods.
Receive and respond to pay-related inquiries using discretion and effective oral and written communications with employees, HR locations, and outside agencies.
Keep current with new legislation and regulatory ruling impacting payroll.
Assist with enforcing adherence and keep supervision abreast of possible situations for review and action.
Ability to identify and encourage continuous improvement measures relating to procedures, processes, and standardization within the team.
Identify and report issues to appropriate parties (e.g., management, HR, IT, etc.).
Actively participate and engage in the activities of providing the necessary support to test and validate the functions of the payroll system associated with maintenance packs (tax bundles) and system upgrades.