We are offering an opportunity for a Payroll Specialist to join our team for a financial services firm, based in Linthicum, Maryland. In this role, you will be responsible for managing the payroll process, maintaining electronic timesheet systems, and liaising with both internal and external auditors as well as agencies.
Responsibilities:
• Accurately process payroll, including W-2 and 1099 forms, ensuring all calculations and payments are correct.
• Manage the distribution and collection of all timesheets each pay period, including maintaining the electronic time and attendance system.
• Collaborate with the Payroll Manager to streamline and improve the corporate payroll process.
• Provide assistance and support to employees with HRIS-related issues, such as clocking in/out and account accessibility.
• Generate daily reports to monitor employee attendance and track any discrepancies.
• Support the Accounts Payable and Finance Associate teams as required.
• Utilize settlement summaries to update loan officer’s commission sheets and ensure accuracy.
• Distribute Retail Branch payroll reports to Branch Managers and input data into the HRIS for accuracy.
• Oversee the approval process for settlement sheets and commission sheets, ensuring all details are accurate.
• Manage payroll invoices submitted by Retail Branch Administration to the branches on a monthly basis.
• Monitor and update any missed benefit deductions for the branches, ensuring they are processed in the next payroll.
• Implement changes in employee information such as tax and banking information as needed.