Finance Coordinator

About the Role:

The Finance/Payroll Coordinator plays a crucial role in ensuring the accuracy and efficiency of payroll processing and financial reporting within the organization. This position is responsible for managing payroll operations, including the preparation, processing, and distribution of employee paychecks, while ensuring compliance with federal and state regulations. Additionally, the coordinator will assist in the preparation of payroll statements and reports, providing valuable insights to support decision-making processes. The role requires a keen attention to detail and strong analytical skills to identify discrepancies and implement corrective actions. Ultimately, the Finance/Payroll Coordinator contributes to the overall financial health of the organization by maintaining accurate records and fostering a positive employee experience through timely payroll services.

Minimum Qualifications:

• High School Diploma or GED.
• Preferred bachelor's degree in finance, Accounting, or a related field.
• At least 2 years of experience in payroll processing or financial coordination.
• Strong knowledge of payroll regulations and tax laws.

Preferred Qualifications:

1. Experience with payroll software and financial management systems. Familiarity with ADP, and specifically Time and Attendance is a major plus.
2. Familiarity with HR practices and employee benefits administration.

Responsibilities:

1. Process weekly payrolls for (in-state and out-of-state employees are on alternating bi-weekly cycles), ensuring accuracy and compliance with applicable laws.
2. Maintain payroll records, including employee data, timekeeping, and deductions.
3. Prepare and submit payroll tax filings and ensure timely payment of payroll taxes.
4. Assist in the preparation of monthly financial reports and reconciliations.
5. Respond to employee inquiries regarding payroll, benefits, and deductions.

Skills:

The required skills for this role include strong analytical abilities, which are essential for reviewing payroll data and identifying discrepancies. Attention to detail is critical in ensuring that all payroll calculations are accurate and compliant with regulations. Proficiency in financial software is necessary for efficient processing and reporting, allowing the coordinator to streamline operations. Communication skills are important for effectively addressing employee inquiries and collaborating with other departments. Preferred skills, such as certification in payroll or accounting, enhance the candidate's ability to navigate complex financial scenarios and contribute to strategic financial planning.