Payroll Specialist job description

What is a Payroll Specialist?

A Payroll Specialist is a financial professional who manages all aspects of employee compensation within an organization. They ensure that employees are paid accurately and on time, while adhering to complex tax laws and regulatory requirements. This role requires meticulous attention to detail, strong numerical skills, and a thorough understanding of payroll systems and legislation. Payroll Specialists serve as a critical link between human resources, finance, and employees, handling sensitive information with the highest level of confidentiality and integrity.

What does a Payroll Specialist do?

Payroll Specialists process payroll cycles, calculate wages, overtime, and deductions accurately, and ensure timely disbursement of employee payments. They maintain and update payroll records, handle tax withholdings, and prepare and submit payroll tax filings to appropriate government agencies. Additionally, they address employee inquiries regarding paychecks, taxes, and benefits deductions, resolve discrepancies, and generate payroll reports for management. They stay current with changing payroll laws and regulations to ensure compliance and may also assist with year-end processes like W-2 and 1099 forms.

Job Overview

The Payroll Specialist is responsible for accurately processing payroll for all employees, ensuring compliance with federal, state, and local regulations. This role requires meticulous attention to detail, strong analytical skills, and the ability to maintain confidentiality while handling sensitive employee information. The ideal candidate will ensure timely and accurate payroll processing while staying current with changing tax laws and compliance requirements.

Payroll Specialist responsibilities include:

Must-Have Requirements

Preferred Qualifications

Bonus Skills