Job Description
A Payroll Officer calculates employees compensation, ensures timely payments and updates internal payroll databases. The ultimate goal is helping the payroll process of a company run smoothly, efficiently and accurately.
In order to succeed in this position, one must have the ability to handle payroll databases and sensitive financial information. One should be familiar with all labor regulations and will also have a flair for numbers.
Responsibilities
- Maintains payroll processing system and records by gathering, calculating, and inputting data
- Preparing employees compensation using payroll software with hands on experience with payroll software's
- Computes employee take-home pay based on time records, benefits, and taxes
- Reporting on payroll expenses, compensation, benefits, insurance deductions and taxes
- Entering the data of new employees into company's databases
- Answers staff questions about wages, deductions, attendance, and time records
- Handles changes in exemptions, job status, and job titles
- Adheres to payroll policies and procedures and complies with relevant law
- Ensuring tax withholdings and wages are in compliance with regulations
- Distributing payment statements to employees
- Handing out paychecks to employees or scheduling bank payments
- Provide overall HR compliance support and guidance related to regulatory compliance, as well as company HR policies and procedures.
- Engage in HR internal auditing, compliance investigations, or other activities related to human resources and employment/employees.
- Identifies, investigates, and resolves discrepancies in timesheet and payroll records
- Honours confidentiality of employees pay records
- Completes payroll reports for record-keeping purposes or managerial review
- Should have experience about overall HRBP responsibilities.
