We are seeking a Payroll Specialist to join the team! This person will be responsible for the preparation and processing of all payroll for the Bank. The office is located in Buckhead and it is hybrid position.
Direct Hire
Pay $70-95K DOE
Excellent benefits offered including Medical, Dental, Vision, 401K, PTO
Hybrid in office 2-3 days per week
Payroll Specialist Duties
- Administers all payroll functions daily.
- Provide oversight for employee record changes.
- Manages and verifies tax calculations for employees based on lived in/worked in states.
- Oversee setup/disbursement for involuntary deductions (garnishments) daily.
- Data entry of employee changes/new hires/terminations.
- Oversee and file all payroll tax reports (W-2s, 941s, State forms) quarterly or as needed.
- Handle new state applications.
- Manage internal and external audit requests.
- Ensure timely submission of required Federal, State, and Worker's Compensation reports.
- Process and track garnishments and other deductions.
- Auditing, edit, process, and distribute reports received from each processing period.
- Process/track 401(k) uploads to vendor – working closely with 401(k) advisors and consultants.
- Process annual deduction change file in addition to adjustments needed for payroll as well as weekly deduction file uploaded for ESPP, 401K, and other deduction changes.
- Process commission payments bi-monthly, or as needed.
- Assist with the open enrollment process for welfare benefits.
- Communicate with all employees on payroll processes and procedures.
- Create/interpret reports for coordinators and management.
- Create/conduct training for coordinators/employees on system processes.
- Create journal entries for payroll taxes/coordinate all tax processes with the payroll provider.
- Tax inquiry research.
- Handle year-end processes to include edits, W2's, address & SS# verification, etc.
- Works closely with other HR & Payroll team members to ensure final payment to the employee and termination of any loans, etc.
- Works closely with the HR & benefits team to coordinate termination of all welfare benefits.
- Ensures new hire employees are paid accurately and on time.
- Workers Comp.
- Benefits & Deductions.
- FMLA.
- ADA.
- FLSA.
Required Knowledge, Skills and Competencies:
- Proven experience in HR, benefits, and payroll administration, including in-depth knowledge of payroll regulations, compliance, and HR functions.
- Proficient in relevant payroll and HR software (UKG Pro, Workday) and tools.
- Proficiency in Microsoft Word, Excel, and PowerPoint.
- CPP certification is preferred.
- 4-5 years of experience in payroll required.
- Previous experience in banking preferred, including with taxes, benefits and payroll functions.
- High school diploma
- Bachelor's degree in human resources business or another related field preferred.