What are the responsibilities and job description for the Payroll Specialist position at Consolidated Asset Management Services Texas, LLC?
The Payroll Specialist is responsible for the accurate preparation, documentation, distribution and reconciliation of payroll and the administration of the payroll system. Reviews the computation of pay and associated deductions for accuracy. Maintains up-to-date knowledge of city, state, provincial, local, and federal legislation affecting payroll; understands and follows applicable provisions. Prepares required tax filings and other reporting. May coordinate payroll processing with an outside service provider. Responds to and resolves any inquiries regarding paychecks or payroll reporting. Ensures payroll issues are escalated and resolved promptly.
Essential Roles and Responsibilities
- Assist department with processing payroll for a workforce of 950 across 30 non-union and union facilities.
- Perform daily payroll department operations as needed.
- Maintains payroll information by collecting, calculating, and entering data.
- Prepares reports by compiling summaries of timesheets, wages, deductions, and taxes as needed by accounting staff.
- Develop ad hoc financial and operational reporting as needed.
- Resolves payroll discrepancies by collecting and analyzing information.
- Provides payroll information by answering questions and requests.
- Maintains payroll operations by following policies and procedures; reporting needed changes.
- Maintains employee confidence and protects payroll operations by keeping information confidential.
- Manage workflow to ensure all payroll transactions are processed accurately and timely.
- Reconcile payroll prior to transmission and validate confirmed reports.
- Understand proper taxation of employer paid benefits.
- Process correct garnishment calculations and compliance.
- Process accurate and timely year-end reporting when necessary (W-2, W-2c, etc)
- Process manual check and relocation metric’s.
- Research and email appropriate audience of file issues.
