Payroll Specialist

M&T Bank•Buffalo, NY

44d•$21 - $34

About The Position

Overview: Supports the activities of payroll and all tasks necessary to accomplish the organization’s payroll and compensation processing objectives with guidance and direction from leadership. Completes payroll process steps, statutory and government regulations, while adhering to Company policies. Responsible for supporting biweekly payroll function in the HR system, focusing on accuracy, timeliness, and accounting of all job functions. May complete work related to the Time & Leave system, as necessary. Primary Responsibilities: Complete all necessary payroll activities as assigned under the guidance and oversight of more experienced staff. Provide accurate and timely payroll processing of employees’ pay, time, leave and other time off. Review and make necessary adjustments to terminated employees’ final pay; verify completion of timesheets and accuracy of dates, complete payment for accrued time off and severance as needed. Partner with HR Service Team on resolving employee service cases, with support from more experienced staff. Process off-cycle pay as requested; review retroactive pay transactions, etc. Sort and distribute payroll mail items. Complete off-cycle stock transactions with oversight from more experienced staff. Adjust time off accruals for scheduled hours changes. Maintain knowledge of the regulations and policies affecting the payroll process. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. Promote an environment that supports a culture of belonging and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned. Scope of Responsibilities: Supervisory/Managerial Responsibilities: No Supervisory Responsibilities

Requirements

Minimum of a High school diploma or equivalent (GED) and a minimum of 2 years’ payroll and/or relevant customer experience
Experience working under pressure
Detail-oriented
Proficiency working in pertinent word processing and spreadsheet applications
Prior experience working in a collaborative/team environment

Nice To Haves

Associate’s degree and a minimum of 2 years’ payroll experience
Experience with large multi-state company payroll processing
Previous pertinent payroll software experience
Previous time and leave experience
Demonstrated understanding of the end-to-end payroll process
Proven analytical skills
Proven problem-solving skills
Proven verbal and written communication skills
Ability to interact with all levels of personnel
Strong mathematical skills

Responsibilities

Complete all necessary payroll activities as assigned under the guidance and oversight of more experienced staff.
Provide accurate and timely payroll processing of employees’ pay, time, leave and other time off.
Review and make necessary adjustments to terminated employees’ final pay; verify completion of timesheets and accuracy of dates, complete payment for accrued time off and severance as needed.
Partner with HR Service Team on resolving employee service cases, with support from more experienced staff.
Process off-cycle pay as requested; review retroactive pay transactions, etc.
Sort and distribute payroll mail items.
Complete off-cycle stock transactions with oversight from more experienced staff.
Adjust time off accruals for scheduled hours changes.
Maintain knowledge of the regulations and policies affecting the payroll process.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
Identify risk-related issues needing escalation to management.
Promote an environment that supports a culture of belonging and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.