Payroll and Benefit Accountant

Payroll

• Prepares and reviews the computation of pay, overtime earnings, paid and unpaid leaves, and associated deductions.
• Performs reconciliation and auditing processes during each pay cycle, to report/correct any discrepancies and errors found in the records and to maintain system integrity and accurate payroll records.
• Responds to and resolves any inquiries regarding paychecks or payroll reporting. Ensures payroll issues are escalated and resolved promptly.
• Prepare and submit reports and forms required by IRS or other regulatory bodies.
• Prepare and distribute payroll reports to management and as needed, support with budgeting and financial planning.

Accounting

• Prepares payroll ledger entries and maintains integrity of payroll records and accuracy of payroll data for financial statement reporting. Conducts monthly/quarterly balance sheet, revenue, expense, and payroll related accounts reconciliation for general ledger integrity.
• Supports the Accounting Department by completing assigned tasks, which may include but are not limited to general ledger account reconciliations, bank account reconciliations, journal entries, cost allocations, business expense reimbursements, controls review and process improvement.

Benefits

• Reconciles and records medical, dental, life insurance billings, payroll advances, garnishments, and payroll related liability general ledger accounts in a timely manner. Updates and allocates medical/dental/life insurance and other benefits as part of the month-end closing.
• Collaborates with HR Department to maintain participant files, loan deductions and payments, coordinates contribution payment processes. Reconciles all financial aspects of the 401(k)-program including employee and employer contributions and loan payments.

General

• Function in accordance with established standards, procedures, and applicable laws.
• Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.

Requirements

• Payroll Software: Proficiency in using payroll software and systems; Workday experience required.
• Technical Knowledge: Knowledge of city, state, provincial, local, and federal legislation affecting payroll; understands and follows applicable provisions to ensure documents are accurate and in compliance with governmental laws on accounting and taxes.
• Computer Skills: Proficient with software and computer spreadsheets. Competency in MS Office, databases, and advanced Excel skills preferable.
• Detail Oriented and Organizational Skills: Attention to detail required and the ability to manage multiple projects with competing priorities with the ability meet deadlines and to respond to change in a productive manner.
• Integrity and Data Security: Must always perform in a professional manner and will use appropriately and maintain confidentiality of sensitive financial information. Knowledge of data security and confidentiality requirements in handling employee payroll service information.
• Good listening and communication skills.
• Ability to work well with others and collaborate with a team.

Experience Requirements

• Bachelor’s degree in accounting/finance or related field preferred
• Strong technical GAAP accounting background, especially in payroll
• Minimum of 4-5 years of accounting and proven experience (2-3 years) of payroll and benefit experience
• Understanding local and governmental payroll rules and regulations
• Working knowledge of QuickBooks, Workday or any similar accounting system or ERP
• Experience on employee benefits include health, life, disability, and accident insurance; retirement plans; flexible spending accounts; business expense reimbursements; and transportation expense accounts is highly desired
• Experience working at a professional services company is highly desired