Payroll Accountant

The Payroll Accountant is responsible for managing and processing payroll, ensuring accurate and timely payment to employees, and maintaining compliance with relevant laws and regulations. This role involves handling payroll-related financial records, resolving payroll discrepancies, and providing support for audits and reporting.

Responsibilities:

1. Process and manage payroll for employees accurately and on time.
2. Ensure compliance with federal, state, and local payroll tax regulations.
3. Maintain and update payroll records, including employee information, deductions, and benefits.
4. Calculate and process overtime, bonuses, commissions, and other adjustments.
5. Reconcile payroll accounts and resolve discrepancies.
6. Prepare and submit payroll tax filings and reports.
7. Assist with year-end payroll activities, including W-2 and 1099 preparation.
8. Collaborate with HR to ensure accurate employee data and resolve payroll-related issues.
9. Stay updated on payroll laws and regulations to ensure compliance.
10. Respond to employee inquiries regarding payroll matters.
11. Generate payroll reports for management as needed.

Required Skills:

1. Strong knowledge of payroll processes and regulations.
2. Proficiency in payroll SAP software.
3. Excellent attention to detail and accuracy.
4. Strong analytical and problem-solving skills.
5. Good communication and interpersonal skills.
6. Ability to handle confidential information with discretion.
7. Time management and organizational skills.
8. Proficiency in Microsoft Office Suite, especially Excel.

Qualification & Experience:

1. Bachelor’s degree in Accounting, Finance, or a related field.
2. Minimum of 3 years of experience in payroll processing or accounting.
3. Certified Payroll Professional (CPP) or similar certification is a plus.
4. Experience with payroll systems and software.
5. Knowledge of accounting principles and practices.
6. Familiarity with labor laws and tax regulations.