Payroll Specialist

Employ Demo - Indianapolis, IN

Full-time - Mid Level

Indianapolis, IN

About the position

The Payroll Specialist is responsible for processing and managing the company's payroll, ensuring accurate calculations of wages based on hours worked, and administering timely payments. This role requires proficiency in payroll software and the ability to handle sensitive information with confidentiality. The successful candidate will demonstrate strong communication skills to interact effectively with colleagues and executives, ensuring personnel receive the correct compensation promptly.

Responsibilities

• Gather information on hours worked for each employee
• Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system
• Receive approval from upper management for payments when needed
• Prepare and execute pay orders through an electronic system or distribute paychecks
• Administer statements of payment to personnel either electronically or on paper
• Process taxes and payment of employee benefits
• Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
• Address issues and questions regarding payroll from employees and superiors
• Prepare reports for upper management, finance department etc.

Requirements

• Proven experience as payroll specialist
• Solid understanding of accounting fundamentals and payroll best practices
• Very good knowledge of legislation and regulations of the field
• Proficient in MS Office and good knowledge of relevant software and databases
• Trustworthy with attention to confidentiality
• Outstanding organizational ability with great attention to detail
• Excellent communication skills
• High school diploma or equivalent; BSc/BA in business, accounting or relevant field is a plus