Payroll Specialist II
Daifuku · Novi, MI · 5 mo ago
Human ResourcesFull-time
Major Areas of Responsibility
- Process payroll for domestic, multi-state operations as well as review payroll reports from third party agencies that manage payroll.
- Prepares filing of required reports and/or payments to other organizations and individual employees.
- Ensures that all taxes, Social Security contributions, contributions to employee benefit programs and other deductions are withheld from individual paychecks.
- Compile payroll data such as garnishments, vacation time, insurance, and 401(k) deductions.
- Process transfer of payroll data which includes the review and approval of payroll deductions.
- Must be able to prepare payroll reports and comply with federal and state tax withholding requirements.
- Must be able to interface with various levels of personnel within the company.
- Resolve payroll discrepancies and balancing payroll accounts.
- Balance W-2 forms and taxes for all affiliates and divisions.
- Prepare and check monthly general ledger journal entries.
- Interpret company policies and government regulations affecting payroll procedures.
- Partner with the Corporate Treasury to generate the appropriate wire transfer documents and monitor that bank transactions are generated in a timely manner.
- Aid in the monthly accounting close processes.
- Provide executive management team with payroll reports and special projects as needed.
- Support internal/external audits, SOX, JSOX compliance processes.
- Facilitate employee understanding of payroll procedures.
- Stay current with laws and regulations to ensure compliance.
- Maintain current on Payroll system to achieve alignment and ensure effective accounting support.
- Other duties, assignments and specific projects may be assigned at the discretion of executive management.
Education & Experience
- Bachelor’s degree in related fields such as Accounting or Business is preferred or equivalent work experience.
- Minimum of 5-7 years of progressively responsible payroll processing experience.
- ADP© Workforce Now and SAP experience preferred.
- Must have a strong background in payroll systems, payroll report writing and Microsoft Excel.
- CPP certification preferred, but not required.
- Material Handling/manufacturing company is preferred, but not required.
- Strong PC skills including proficiency in Excel.
- Be a strong team player.
- Working knowledge of Kronos a plus.
- Have excellent interpersonal and communication skills.
- Have the ability to analyze problems and provide problem resolutions.
- Have solid analytical and decision-making skills.
- Effective verbal and written communication skills include the ability to present findings in a clear, concise manner.
- Exceptional organization skills with the ability to plan, schedule, meet deadlines in a fast-paced environment and work well under pressure.
- Ability to read, analyze and interpret common technical journals, financial reports and legal documents.
- Ability to respond to common inquiries or complaints from employees and regulatory agencies.