We are hiring a Payroll Specialist on a Full-Time Contract Basis. This position is hybrid, 3 days in office. Based in Salt Lake City, UT.
The Payroll Specialist
will be responsible for, but not limited to;
Payroll Processing:
Manage and process bi-weekly or monthly payroll cycles, including the calculation of wages, overtime, bonuses, and deductions. Ensure accuracy in data entry and payroll calculations.
Tax Compliance: Prepare and submit payroll tax filings, including federal, state, and local taxes, ensuring compliance with tax laws and regulations. Reconcile and resolve any tax discrepancies.
Benefits Administration:
Administer employee benefits, including health insurance, retirement plans, and other deductions. Coordinate and verify benefit contributions and deductions.
Payroll Reporting:
Generate and distribute payroll reports to management, HR, and finance teams as needed. Prepare payroll-related reports for auditing and compliance purposes.
Compliance and Recordkeeping:
Stay updated on federal and state labor laws and regulations related to payroll and ensure company compliance. Maintain accurate and confidential payroll records.
Employee Inquiries:
Address employee inquiries related to payroll, tax withholdings, and benefits promptly and professionally. Provide assistance with payroll-related forms and documentation. Process Improvement: Identify opportunities to streamline and improve payroll processes, recommending changes and automation when appropriate. Ensure payroll procedures align with best practices.
Qualifications:
- Bachelor's degree in Finance, Accounting, Human Resources, or a related field
- Proven experience as a Payroll Specialist or similar role, including hands-on experience with payroll software and systems
- Strong knowledge of payroll regulations, tax laws, and compliance requirements
- Excellent attention to detail and accuracy in data entry and calculations
- Proficiency in payroll software and Microsoft Excel
- Effective communication and problem-solving skills
- Ability to maintain confidentiality and handle sensitive payroll information