Analyst - US Payroll

Payroll Analyst

About the firm

www.sikich.com)

Job Responsibilities

• Process and issue employee paychecks and statements of earnings and deductions.
• Compute wages and deductions and enter data into computers.
• Review time sheets, work charts, wage computation, and other information to detect and reconcile payroll discrepancies.
• Compile employee time, production, and payroll data from time sheets and other records.
• Enter employee information into the payroll system.
• Verify attendance, hours worked, and pay adjustments, and post information onto designated records.
• Record employee information, such as exemptions, transfers, and resignations, to maintain and update payroll records.
• Issue and record adjustments to pay related to previous errors or retroactive increases.
• Keep track of leave time, such as vacation, personal, and sick leave, for employees.
• Provide information to employees and managers on payroll matters, tax issues, benefit plans, and collective agreement provisions.
• Conduct verifications of employment.
• Distribute and collect timecards each pay period.
• Keep informed about changes in tax and deduction laws that apply to the US payroll process.
• Balance cash and payroll accounts.
• Complete, verify, and process forms and documentation for the administration of benefits such as pension plans, and unemployment and medical insurance.
• Preparation and review of quarterly/yearly payroll tax return
• Knowledge of payroll benefits /retirement plan
• Posting payroll journals in accounting software.
• In a multi client environment; accurately process and understand the calculation of employee compensation and employee deductions/taxes
• Prepare payroll tax returns / W2s for employers in various industries
• Accurately input / process payrolls from start to finish
• Assist with resolving client questions related to payroll
• Utilizing various websites and software platforms

Requirements for Successful Candidate

• Bachelor’s degree in commerce/accounting/business administration. Master’s degree preferred
• 3-5 years of work experience processing Payroll and Timesheets
• Proficiency in Mathematics and English (must be able to read, write and speak comfortably).
• Accurate data entry skills and great attention to detail
• Ability to work with a team
• Knowledge of payroll and desire to grow in the payroll field
• Ability to multitask in an environment with specific deadlines
• Good research and analysis skills
• Must be an active listener, paying attention to detail
• Must possess effective and excellent communication skills
• Identify Complex Problems and review related information to develop and evaluate options and implement solutions
• Should be a Critical Thinker who uses logic and reasoning to identify the strengths and weaknesses of alternative solutions
• Judicious Time Management skills for managing one's own time and the time of others
• Mandatory Computer skills: MS Office (Word Processors, Spreadsheets), MS Access (Database user interface and queries), email communication with clients
• Knowledge & experience of US payroll software

Benefits of being a part of the team

Family Health Insurance including parents

Life & Accident Insurance

Maternity/paternity leave

Performance-based incentives

Referral Bonus program

Exam Fee Reimbursement Policy

Indian festival holidays

5 days working week

Meals facility

Doctor's consultation