Job Summary

Payroll specialist is responsible for collecting, calculating, verifying, and processing payroll on payroll system.

Job Description :

ESSENTIAL JOB FUNCTIONS

Process payroll

Calculate overpayment of wages

Maintain Time Off Plans (transfers)

Order the Visa payroll cards and set up for direct deposit

Re-issue outstanding payroll checks

Prepare and distribute weekly reports to managers (no reported hours, termination report, time off balances)

Run payroll reports (IBC Pay Calculation Results for : Paid Hours 100 , No reported Hours, FT less than 73 hours paid, IBC employee time type change)

Resolve unposted payroll items after payday

Audit suspended, and closed accounts reports

Upload payroll input forms to maintain worker documents in Workday

Prepare and process adjustments for over and underpayment of wages every pay day

Reprint W-2 as requested

Phone Verification of employment, as needed

Collects data to box / log all files for warehouse

Assist the Human Resources department with the daily operations and any other duties as assigned or required

SKILLS

Good oral and written communication skills

Good analytical skills

Must possess time management skills

Attention to detail

Ability to organize and prioritize work

Must possess basic mathematics skills

Ability to interact effectively and professionally with employees and managers

Must possess good telephone etiquette and techniques

Ability to maintain confidentiality

Must be an active learner

Must possess problem sensitivity skills

Ability to multitask

Strong computer skills (Microsoft Office)

Establish and maintain cooperative working relationships with others

EDUCATION & KNOWLEDGE

High School Diploma or GED

Bilingual

Software applications related to payroll, preferred but not required

Previous payroll experience preferred, but not required

Benefits Overview

IBC Bank offers a comprehensive benefits program to all full-time employees. Many of our benefits are also available for our part-time employees.

See below for a brief description of the benefits that would be available to you as an IBC Bank employee. Many of the benefits are also available to your dependents.

Medical Coverage

We offer employer paid medical benefits to all of our full-time employees. This coverage includes medical and prescription coverage.

As an option, full-time employees can add their dependents to the program and have their cost deducted pre-tax from their paycheck.

Eligibility : After initial probation period.

Dental Coverage

This is an optional benefit offered to all full-time and part-time employees. The plan includes various levels of coverage from single member to family plans.

Eligibility : After initial probation period.

Basic Life Insurance

All full-time employees are eligible for an employer paid life insurance plan.

Eligibility : After initial probation period.

Supplemental Life Insurance

This is an optional program offered to all full-time and part-time employees. This is paid by the employee and can be deducted from paycheck on a post-tax basis

Eligibility : After initial probation period.

Disability Insurance

This is an optional insurance plan offered to full-time and part-time employees. This can be deducted from an employee's paycheck on a post-tax basis.

Eligibility : After initial probation period.

Medical Spending Account

This is an optional benefit that allows employees to set aside up to $2,650 per year for out-of-pocket health care expenses through a pre-tax payroll deduction

Eligibility : After initial probation period.

Child Care Spending Account

This is an optional benefit that allow employees to set aside up to $5000 per year for childcare expenses through a pre-tax payroll deduction.

Eligibility : After initial probation period.

401K

The 401K savings program allows employees to save between 1-15% of their annual income in the bank's 401K plan.

Eligibility : Eligible after first day of the year following employment date.

Profit Sharing

Contingent on the bank's profitability, employees are given contributions based on their pay and years of service.

Eligibility : Eligible after first day of the year following employment date.

Tuition Assistance Program

Offered to full-time and part-time employees attending an accredited institution of higher learning. This program offers reimbursement for tuition for courses related to the financial banking industry.

Eligibility : After six months of employment.

Computer Assistance Purchase Program

All employees are offered the opportunity to purchase a computer through this program. The cost will be payroll deducted from their paycheck.

Eligibility : After one year of employment.

Vacation

Vacation is offered to all full-time and part-time employees who work more than 20 hours per week.

Eligibility : Depending on hire date, after initial probation.

Sick Leave

Sick Leave accumulates on a monthly basis at a rate of one day per month worked for full-time employees.

Eligibility : After initial probation period.

Last updated : 2024-04-27