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Company3/Method Studios is Hiring a Payroll Specialist Near Santa Monica, CA
Position: Payroll Specialist
Location: Hollywood, CA
*Pay Range: $64,000 - $80,000 USD annuallyPOSITION SUMMARY:Company3/Method Studios (CO3/Method) is a global leader in media and entertainment services for film, video and online content. With operations in Los Angeles, New York and around the globe, the company employs over 3,500 of the most talented, highly honored, and recognized artists and industry veterans worldwide.This position will support the Senior Payroll Manager within our US payroll department. This will include observing the organizations’ payroll principles, practices, and procedures in a timely and accurate manner.MAIN DUTIES:The Payroll Specialist processes regular and supplemental biweekly payroll for all employee groups, performs complex payroll calculations, gathers, and verifies information from departments for proper processing of payroll transactions, and creates, audits, corrects and balances payroll and a variety of reports. They will be responsible for converting raw timesheet data into payroll data while adhering to provincial employment standards. They will be analyzing payroll system calculations for accuracy; research and apply corrective action as needed, including salary adjustments for retroactive pay & retirement purposes. They will also be responsible for the following:
- Develops and maintains complex payroll spreadsheets; compiles, analyzes, calculates, and audits information from all relevant forms; processes adjustments, codes and enters information into the payroll system.
- Calculates, verifies, and processes deductions; disburses payments in accordance with established timelines; determines the appropriate amount for voluntary and involuntary deductions.
- Responds to employee verifications from various external agencies for detailed information on pay rates and wages paid.
- Oversee and balance vacation banks in the payroll system or in the absence management system as needed.
- Research and calculate historical edits in Timekeeping system.
- Compile reports for Finance/Treasury and support biweekly reconciliation process.
- Support internal/external audit requests including investigating any discrepancies related to time and/or payroll calculations.
- Support Year End Procedures including the issuing of year-end tax documents and annual remittance reconciliation.
- Back up for Payroll Associate position.
- All other job-related duties as assigned.
- Ability to work independently and handle tasks in a fast-paced environment.
- Excellent organizational skills.
- Fast learner with the ability to grasp new processes.
- Flexible work hours due to various processing deadlines.
- Demonstrated ability to work effectively in a diverse workforce.
- Experience with ADP Vantage, UKG Pro, UKG WFM, Microsoft Dynamics 365 is a plus.
Job Summary
Full Time
$73k-92k (estimate)
05/19/2024
08/15/2024
The job skills required for Payroll Specialist include Payroll Processing, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Payroll Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Payroll Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Payroll Specialist positions, which can be used as a reference in future career path planning. As a Payroll Specialist, 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. You can explore the career advancement for a Payroll Specialist below and select your interested title to get hiring information.
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.
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Conducting semi-annual audits of all payroll records.
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A payroll specialist can benefit from having certificates related to accounting and payroll work.
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A Payroll Specialist handles all aspects related to paying people at an organization.
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Ability to work under time constraints and meet schedules; at times with unexpected deadlines, to ensure client’s payroll needs are met.
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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.
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Process manual checks, voids, stop payments, and direct deposit reversals, as needed.
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Understand first and learn maths second.
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Practice make perfect when learning maths.
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Learn to avoid the common maths mistakes.
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Step 3: View the best colleges and universities for PAYROLL SPECIALIST.
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