Compensation and Benefits Specialist
3 weeks ago
The Payroll Specialist will assist the Payroll Head in ensuring accurate and timely payroll processing, compliance with payroll laws and regulations, and maintaining payroll-related records. This role requires a detail-oriented professional with knowledge of payroll software, financial reporting, and HR policies.
Key Responsibilities:
- Assist in the preparation, processing, and reconciliation of payroll for all employees, ensuring accurate and timely payment.
- Review and verify employee attendance, work hours, and other relevant data to ensure accuracy in payroll calculations.
- Ensure payroll practices comply with legal and regulatory requirements, including tax filings and contributions to government agencies.
- Maintain accurate payroll records, including employee information, payroll deductions, and any adjustments made during payroll processing.
- Support the Payroll Head in generating reports on payroll expenses, tax summaries, and other financial data as required.
- Address employee inquiries related to payroll, deductions, taxes, and other payroll-related issues in a timely and professional manner.
- Assist in updating payroll systems with new employee information, salary adjustments, or policy changes to ensure the payroll system remains current and accurate.
- Collaborate with the HR department for onboarding, offboarding, and any adjustments needed for payroll purposes.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- At least 2 years of experience in payroll or finance roles, preferably in a corporate setting.
- Strong knowledge of payroll software and MS Office applications, especially Excel.
- Familiarity with payroll regulations and labor laws.
- Excellent attention to detail and accuracy.
- Strong communication skills and ability to handle sensitive information professionally.
Salary:
$65,000 - $80,000 per year
About XMEDIA:
XMEDIA is a dynamic organization that values its employees' hard work and dedication.
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