Payroll Specialist

The Payroll Specialist is primarily responsible for the timely and accurate processing of the payroll  and payroll reports. Maintaining confidential payroll records, filing payroll tax returns, collecting, organizing, and reporting financial information used in audits, budget development, etc. Also required to ensure compliance with all the policies and procedures, as well as all applicable regulations.

• Degree in Accounting, Finance or Level 11 ACCA and 3+ years of related experience and/or training; or the equivalent combination of education and experience. Work related experience must consist of financial accounting background. Educational experience, through in-house training sessions, formal school, or related curriculum.

• Basic knowledge of financial record keeping; bookkeeping and accounting principles and practices.

• Basic knowledge of related regulations, Company policies and procedures and the Company’s products and services and employment laws.

• Demonstrated skills to independently plan and conduct non-routine financial analysis or reporting projects.

• Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.

• Implements, maintains, and reviews payroll processing and accounting systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions.

• Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.

• Prepares and maintains accurate records and reports of payroll transactions

• Ensures compliance with federal, state, and local payroll, wage, and hour laws and best practices.

• Facilitates audits by providing records and documentation to auditors

• Identifies and recommends updates to payroll accounting software, systems, and procedures.

• Provides assistant to the payroll team.

• Processes payroll taxes, deductions, and NIS.

• Maintains records and filing system for payroll in a confidential manner, including taxes, payroll reports,

• Payroll tax deposits, manual tax calculations/reconciliations, monthly, quarterly, and annual tax reporting, and ensuring current tax compliances.

• Ensures the accuracy and timely remittance of the payroll to employees.

• Assists in completing various accounting projects by conducting research, gathering information and statistics and generating reports.

• Adheres to policies which will ensure delivery of the highest quality service whilst achieving value for money objectives.

• Provide information in respect of litigation and other actions, providing documentation in support of the defense.

• Performs other duties as assigned