Description:
The Payroll Analyst is responsible for ensuring the accuracy of payroll-related financial data, maintaining detailed payroll records, and supporting accounting operations connected to employee compensation. This position requires a detail-oriented professional with robust analytical skills, able to collaborate with HR, Finance, and other departments to guarantee compliance with company policies and regulatory reporting requirements.
Responsibilities include but are not limited to:
- Reconcile weekly and monthly payroll expenses, liabilities, and accruals to divisional GL files
- Reconcile payroll balance sheet accounts, review and resolve discrepancies in payroll-related transactions, and ensure proper documentation for all payroll accounting entries
- Assist with preparation and distribution of monthly equity reconciliation
- Prepare and distribute recurring and ad hoc payroll divisional accounting reports
- Support month-, quarter- and year-end closing activities for payroll accounts, ensuring accuracy in financial statements
- Provide support for internal and external audit reporting requests and periodic SOX compliance testing
- Coordinate with Finance/IT on changes affecting payroll accounting and participate in testing of associated system enhancements
- Participate in process improvement initiatives and system upgrades that impact payroll accounting functions
- Special projects as assigned
Basic Qualifications:
- 3+ years of payroll accounting experience
- Experience using large-scale payroll and accounting systems
- Demonstrated experience in interpreting payroll results and costing in General Ledger
- Proficiency with advanced Excel formulas and pivot tables; familiarity using data access software, query reporting tools
- Excellent analytical, organizational, and communication skills
- Ability to maintain strict confidentiality and work well under pressure
- Proactive with excellent follow-up skills