Job Description
We are currently seeking a detail-oriented and highly organized Payroll Specialist to join our dynamic team in Washington, DC. In this pivotal role, you will ensure the accurate and timely processing of payroll for all employees while maintaining strict compliance with federal, state, and local regulations. If you are looking for a challenging opportunity in a prestigious financial environment, we want to hear from you.
Why Join Us?
- Competitive salary and comprehensive benefits package.
- Opportunity to work with industry-leading payroll software.
- Professional development and growth opportunities.
Key Responsibilities:
Responsibilities
- Process weekly and bi-weekly payroll for a diverse workforce using [Software Name] to ensure accuracy and timeliness.
- Calculate and process payroll taxes, garnishments, and deductions in strict accordance with FLSA and local wage laws.
- Prepare and reconcile monthly payroll reports, including variance analysis and year-to-date totals.
- Handle employee inquiries regarding pay stubs, tax forms (W-2, W-4), and direct deposit changes with professionalism.
- Collaborate with the HR and Accounting departments to maintain up-to-date personnel records and resolve payroll discrepancies.
- Assist in internal and external payroll audits to ensure compliance with internal controls and external regulations.
- Stay current on changes in payroll legislation and implement necessary updates to payroll procedures.
Qualifications
- 3+ years of hands-on experience in payroll processing, preferably within a corporate environment.
- Experience with payroll software (e.g., ADP, Workday, Paychex) is highly preferred.
- Strong working knowledge of federal and state payroll tax regulations and compliance requirements.
- Advanced proficiency in Microsoft Excel (VLOOKUP, pivot tables) and excellent data entry skills.
- Excellent attention to detail with a high degree of accuracy.
- Strong communication skills with the ability to handle sensitive employee information with confidentiality.
- Bachelor’s degree in Accounting, Finance, or Human Resources is a plus.