Payroll Specialist

Valley National Bancorp•Morristown, NJ

42d

About The Position

Responsibilities include but are not limited to: Processes the eTime hours file for the subsidiary companies. Compiles general ledger entries for assigned subsidiary companies. Administers special payments including referrals, commission payments, sign-on bonuses and retroactive pay calculations. Audits new hire information and sets up tax profiles accordingly. Performs audit on time and labor management profile and makes any necessary changes. Reviews timecards for accuracy and communicates with employees and managers regarding inconsistencies or missing information. Reviews and approves all employee self-service submissions for direct deposit and tax changes. Reviews and approves all non-monetary submissions from managers for employee job related changes. Approves termination submissions, reviews final timecards and calculates vacation payout. Serves as point of contact for unemployment claims. Monitors claim information and communicates with People Resources Partners for support and documentation. Responds to unemployment compensation inquiries in a timely manner. Generates payroll reports for timecard punches, overtime, special payments made, etc. Responds to requests for payroll related reports from the People Resources team and managers throughout the bank. Reviews state regulations and recommends modifications needed to our processes.

Requirements

Understanding of HR processes and data.
Ability to define problems, collect data, establish facts and draw valid conclusions.
Comprehensive knowledge and experience with payroll and benefits administration.
Ability to work discreetly with confidential information.
Provide excellent customer service and direction for timely and accurate payroll operations.
Excellent problem solving and analytical skills.
Ability to handle multiple priorities simultaneously
Excellent time management skills; ability to meet deadlines
Intermediate in MS suite [Word, Excel and Outlook].
High School Diploma or GED and a minimum 2 years of Payroll/HRIS experience.

Nice To Haves

Bachelor's degree in a related field.
ADP Enterprise experience.

Responsibilities

Processes the eTime hours file for the subsidiary companies.
Compiles general ledger entries for assigned subsidiary companies.
Administers special payments including referrals, commission payments, sign-on bonuses and retroactive pay calculations.
Audits new hire information and sets up tax profiles accordingly.
Performs audit on time and labor management profile and makes any necessary changes.
Reviews timecards for accuracy and communicates with employees and managers regarding inconsistencies or missing information.
Reviews and approves all employee self-service submissions for direct deposit and tax changes.
Reviews and approves all non-monetary submissions from managers for employee job related changes.
Approves termination submissions, reviews final timecards and calculates vacation payout.
Serves as point of contact for unemployment claims.
Monitors claim information and communicates with People Resources Partners for support and documentation.
Responds to unemployment compensation inquiries in a timely manner.
Generates payroll reports for timecard punches, overtime, special payments made, etc.
Responds to requests for payroll related reports from the People Resources team and managers throughout the bank.
Reviews state regulations and recommends modifications needed to our processes.