Payroll Specialist

$58,240 - $68,640/Yr

Vaco - Phoenix, AZ

Full-time - Mid Level

Phoenix, AZ

Administrative and Support Services

About the position

The Payroll Specialist position at Vaco involves the preparation, processing, and maintenance of payroll responsibilities while supporting the accounting department. This role is ideal for individuals looking to establish a long-term career with a stable company in a fun and relaxed environment. The position is contract-to-hire, offering a hybrid work schedule and a competitive salary.

Responsibilities

• Analyze, prepare, and validate payroll data.
• Leverage the payroll system (Paylocity) to produce accurate and timely payroll.
• Ensure employees are paid accurately and on time, including payroll related to new personnel, terminations, garnishments, commissions, and bonuses.
• Ensure compliance with all applicable state and federal wage and hour laws.
• Review and analyze current payroll and tax procedures to recommend and implement changes for best practices.
• Prepare payroll reports as requested.
• Maintain Employee Stock Ownership Plan records and ensure the value of vested shares and withholdings are processed correctly.
• Support 401K, workers compensation, and other statutory audits as required.
• Prepare bonus and commission accruals and track their payment; propose monthly journal entries to ensure amounts accrued reflect the expected liability.
• Maintain alignment between the Company's ERP system and HRIS system to assure cost center structure and departments are continuously in sync.
• Ensure system compliance with data security and privacy requirements.

Requirements

• 3+ years of payroll processing experience.
• General accounting background.
• Ability to work in a fast-paced environment.
• Excellent verbal and written communication skills.
• Strong urge to learn and grow.

Benefits

• 401(k)
• Employee stock ownership plan