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Compensation Specialist
3 weeks ago
Overview: We are seeking a skilled and detail-oriented Compensation Specialist to join our team. The ideal candidate will have experience with payroll processing, payroll software, and HRIS systems.
Key Responsibilities:
- Process payroll accurately and on time for all employees (monthly, bi-weekly, etc.).
- Maintain payroll records and employee data in HR/payroll systems.
- Ensure compliance with labor laws, tax regulations, and internal policies.
- Coordinate with HR for employee onboarding/offboarding, promotions, and other payroll-impacting changes.
- Handle payroll deductions, benefits, garnishments, bonuses, and other compensation-related components.
- Prepare payroll reports for internal use and external audits.
- Respond to employee inquiries related to payroll, taxes, and earnings.
- Collaborate with Finance to reconcile payroll-related accounts.
- Assist with year-end activities such as tax form distribution (e.g., W-2, Form 16).
- Stay updated with changes in payroll laws and regulations.
Required Skills and Qualifications:
- Bachelor's degree in Human Resources, Accounting, Business Administration, or a related field.
- 2+ years of payroll processing experience (or as specified).
- Strong knowledge of payroll software and HRIS systems (e.g., ADP, SAP, Workday).
- Familiarity with local labor laws and payroll compliance regulations.
- High attention to detail and strong analytical skills.
- Excellent communication and problem-solving abilities.
- Ability to handle confidential information with integrity.
