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Payroll Specialist
2 months ago
- Collecting and verifying employee and timekeeping data to ensure accuracy and compliance.
- Computing wages, deductions, commissions, benefits, and other compensation-related calculations.
- Reviewing computed wages to guarantee accuracy and adherence to company policies and industry regulations.
- Issuing and distributing paychecks in a timely and secure manner.
- Updating payroll information for promotions, transfers, terminations, and new hires to reflect changes in employee status.
- Recording and maintaining accurate and up-to-date employee records and payroll transactions.
- Preparing statements reflecting earnings, taxes, and deductions to facilitate financial planning and decision-making.
- Providing expert guidance and support to employees and management regarding payroll-related inquiries and issues.
- Ensuring compliance with company policies, relevant industry regulations, tax laws, and deduction regulations to minimize risk and ensure accuracy.
- Preparing payroll reports for management and auditing purposes to facilitate informed decision-making and strategic planning.