What are the responsibilities and job description for the Payroll Specialist position at Greenwich Hospitality Group?
Greenwich Hospitality Group is seeking a Payroll Specialist to join their growing team.
Essential Duties:
- Processing of weekly payroll and 401(k) plan administration tasks
- Review of timecards or other records of employees' hours for accuracy, and verifies attendance and hours worked, while consulting employees or managers to correct errors.
- Maintains payroll information by designing systems; directing the collection, calculation, and entering of data.
- Updates payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/ division transfers. These reviews include but are not limited to changes to employees’ deductions for federal, state and local taxes; insurance premiums; and retirement plan contributions.
- Directing the production of paychecks or electronic transfers to bank accounts via fully reviewed and accurate payroll ledgers submitted in third party processor’s system.
- Determines payroll liabilities by approving the calculation of employee federal and state income and social security taxes, and employer's social security, unemployment, and workers compensation payments.
- Balances the payroll accounts by resolving payroll discrepancies.
- Provides payroll information by answering questions and requests.
- Maintains employee confidence and protects payroll operations by keeping information.
- Answer payroll questions from employees and produce payroll reports when requested by managers.
- Year-end reviews of required W-2 and 1099 statements for accuracy.
- Reconciliation and recording of payroll journal entries.
- Other duties as assigned
- Bachelor’s degree in finance/accounting required
Education/Experience:
- 2 years prior experience required
- Bachelor's Degree required
- Data Entry Skills
- Financial Reporting Skills
- Accounting experience with Paycom
- Strong communication and interpersonal
Job Type: Full-time
Job Type: Full-time
Pay: $60,000.00 - $80,000.00 per year
Work Location: In person
Salary : $60,000 - $80,000