Job Purpose :
Pays employees by compiling and processing payroll information; maintaining records.
Duties :
- Updates records by reviewing and entering changes in exemptions, insurance changes, deductions, paid-time not worked, status, and pay; calculating vacation earned.
- Prepares pay by verifying time records; calculating and producing checks or electronic transfers; calculating and producing quarterly incentive bonuses.
- Balances payroll accounts by auditing information; identifying and resolving discrepancies; initiating journal entries.
- Determines payroll liabilities by entering federal and state income and social security tax information, 401k transfer and direct deposits, wage assignments and garnishments.
- Fulfills wage garnishment requirements by completing forms; adjusting payroll records, documenting and transmitting withholdings; negotiating with collection agencies to convert garnishments to wage assignments.
- Purchases savings bonds by maintaining deduction records; completing forms; coordinating renewable limits register; initiating deductions; ordering bonds; recording purchases.
- Maintains life insurance by updating calculations; preparing check requests; initiating disbursements.
- Remits tax payments by collecting and verifying data; preparing federal, state, and local tax reports, and w2 statements; initiating payment.
- Updates job knowledge by participating in educational opportunities; reading regulations and professional publications.
- Accomplishes accounting and organization mission by completing related results as needed.
Skills / Qualifications :
Tax, Compensation and Wage Structure, Worker Compensation, Benefits Administration, Employment Law, Analyzing Information , Attention to Detail, Confidentiality, Thoroughness, Verbal Communication