What are the responsibilities and job description for the Payroll Specialist position at Valley Bank?
At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.
At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.
The Payroll Specialist facilitates multiple payroll processes under the direction of the Payroll Manager. Ensures accuracy and data integrity of employee time and attendance records.
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Responsibilities Include But Are Not Limited To
Required Skills
At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.
The Payroll Specialist facilitates multiple payroll processes under the direction of the Payroll Manager. Ensures accuracy and data integrity of employee time and attendance records.
,
Responsibilities Include But Are Not Limited To
- Processes the eTime hours file for the subsidiary companies. Compiles general ledger entries for assigned subsidiary companies.
- Administers special payments including referrals, commission payments, sign-on bonuses and retroactive pay calculations.
- Audits new hire information and sets up tax profiles accordingly. Performs audit on time and labor management profile and makes any necessary changes.
- Reviews timecards for accuracy and communicates with employees and managers regarding inconsistencies or missing information.
- Reviews and approves all employee self-service submissions for direct deposit and tax changes. Reviews and approves all non-monetary submissions from managers for employee job related changes. Approves termination submissions, reviews final timecards and calculates vacation payout.
- Serves as point of contact for unemployment claims. Monitors claim information and communicates with People Resources Partners for support and documentation. Responds to unemployment compensation inquiries in a timely manner.
- Generates payroll reports for timecard punches, overtime, special payments made, etc.
- Responds to requests for payroll related reports from the People Resources team and managers throughout the bank.
- Reviews state regulations and recommends modifications needed to our processes.
Required Skills
- Understanding of HR processes and data.
- Ability to define problems, collect data, establish facts and draw valid conclusions.
- Comprehensive knowledge and experience with payroll and benefits administration.
- Ability to work discreetly with confidential information.
- Provide excellent customer service and direction for timely and accurate payroll operations.
- Excellent problem solving and analytical skills.
- Ability to handle multiple priorities simultaneously
- Excellent time management skills; ability to meet deadlines
- Intermediate in MS suite [Word, Excel and Outlook].
- High School Diploma or GED and a minimum 2 years of Payroll/HRIS experience.
- Bachelor's degree in a related field. ADP Enterprise experience.