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Job Description
- Manage compensation packages using payroll software
- Collect and verify timekeeping information for all employees
- Calculate pay according to hours worked incorporating leaves and overtime
- Calculate bonuses and commissions when appropriate
- Manage and calculate taxes and deductions
- initiate periodical payments timely either by preparing and administering checks or making direct deposits through a bank payment system
- Issues statements and invoices and maintain records
- Update paper and electronic payroll records by entering adjustments on pay rates, employee status changes etc.
- Calculate unemployment and severance payments
- Deal with complaints and questions regarding payroll from employees and upper management
- Investigate and resolve any discrepancies in payroll
- Prepare and submit reports with payroll information to supervisor
Job Requirements
- Handle daily payroll operations, including collecting, verifying timekeeping information, and processing payroll.
- Follow up with clients for Time and Attendance submissions.
- Calculate the correct amount incorporating overtime, deductions, bonuses etc.
- Receive approval from upper management for payments when needed.
- Prepare and execute the pay slips.
- Process taxes and payment of employee benefits.
- Keep track of hour rates, wages, compensation benefit rates and new hires information etc.
- Address issues and questions regarding payroll from employees and managers.
- Prepare reports for upper management .
- Maintain the highest level of employee confidentiality and protect payroll operations by keeping all private information confidential.
- Prepare and submit paper payroll checks for employees who do not have bank account
- Collect banking information for direct deposit set up and initiate deposits on paydays.
- Follow up from hiring to resignation cycle with HR department
- Maintain, enter, and audit new or modified information.