What are the responsibilities and job description for the Payroll Specialist I position at Opportunity Bank of Montana?
Essential Functions & Key Areas Of Responsibility
- Support the operation of the electronic timekeeping system and maintain accurate employee payroll records.
- Perform paperless workflows related to payroll and benefits.
- Initiate payroll processing and prepare payroll reports in accordance with established audit and internal control procedures.
- Prepare payroll-related journal entries for posting to general ledger accounts.
- Assist in extracting, compiling, and analyzing payroll and benefits-related data for reporting and compliance purposes.
- Maintain a high level of accuracy and ensure all payroll and benefits actions are properly documented to support audit and compliance requirements.
- Maintain confidential employee files and records in accordance with organizational standards.
- Complete Verifications of Employment (VOEs) accurately and in a timely manner, ensuring compliance with privacy and data protection standards.
- Assist with onboarding by processing hires and verifying that system information aligns with supporting documentation.
- Respond to routine inquiries from employees and managers regarding payroll and benefits, and provide appropriate resources and guidance.
- Perform other related duties as assigned.