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Payroll Specialist (Financial Services)
Northbound Search New York, NY
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$74k-93k (estimate)
Full Time 1 Week Ago
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Northbound Search is Hiring a Payroll Specialist (Financial Services) Near New York, NY

Job Description

Job Description

A prestigious Asset Manager on Midtown, NY, is seeking a Payroll Specialist to join their growing team. This individual will be responsible for the semi-monthly payroll for all employees and partners through ADP and Workday. This is a great opportunity for mid-level candidates who are looking to join an amazing organization.

Responsibilities for Payroll Specialist:

  • Process semi-monthly, monthly and ad-hoc payrolls for domestic and international entities.
  • Process payroll related maintenance including, but not limited to, new hires, terminations, employee status, tax and deduction changes, wage garnishments, etc.
  • Coordinate, process and audit payroll reports, reconciliations and tax notices.
  • Work closely with Management Company Accounting to process all funding related to payroll.
  • Manage the administration of time sheets for non-exempt staff. Process quarterly multi-jurisdiction payrolls for business travel.
  • Process all special compensation and bonus payments with the highest standard of accuracy, timeliness and confidentiality.

Requirements for Payroll Specialist:

  • Bachelor's degree in Accounting, Finance, or related field
  • At least 3 years of relevant experience
  • Preferred industry- financial services
  • Prior experience with payroll in a 500 employee company
  • Workday knowledge is must

Benefits:

  • Medical benefits (401K, medical, dental, vision)
  • Hourly: $40- 50 per hour, Annualized Equivalent $85,000 - 110,000
  • Discretionary Bonus

** Qualified candidates will be contacted within two business days of application. If the applicant does not meet the criteria for the position, we will keep your resume on file and may contact you in the future for further discussion. **

#ZR

Job Summary

JOB TYPE

Full Time

SALARY

$74k-93k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/20/2024

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The following is the career advancement route for Payroll Specialist (Financial Services) positions, which can be used as a reference in future career path planning. As a Payroll Specialist (Financial Services), it can be promoted into senior positions as a Payroll Clerk IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Payroll Specialist (Financial Services). You can explore the career advancement for a Payroll Specialist (Financial Services) below and select your interested title to get hiring information.

Rockefeller Capital Management
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Just Posted

If you are interested in becoming a PAYROLL SPECIALIST, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a PAYROLL SPECIALIST for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on PAYROLL SPECIALIST job description and responsibilities

An outstanding payroll specialist should also have excellent people skills and a high numerical aptitude.

03/01/2022: Fairbanks, AK

Conducting semi-annual audits of all payroll records.

03/04/2022: San Francisco, CA

A payroll specialist can benefit from having certificates related to accounting and payroll work.

01/12/2022: Reading, PA

A Payroll Specialist handles all aspects related to paying people at an organization.

01/04/2022: Melbourne, FL

Ability to work under time constraints and meet schedules; at times with unexpected deadlines, to ensure client’s payroll needs are met.

02/15/2022: Kansas City, KS

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on PAYROLL SPECIALIST jobs

Process payroll groups as assigned.

12/13/2021: Tulsa, OK

Process manual checks, voids, stop payments, and direct deposit reversals, as needed.

02/22/2022: Anchorage, AK

Understand first and learn maths second.

01/12/2022: Greensboro, NC

Practice make perfect when learning maths.

12/23/2021: Rockford, IL

Learn to avoid the common maths mistakes.

01/11/2022: Lawrence, MA

Step 3: View the best colleges and universities for PAYROLL SPECIALIST.

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