Payroll Specialist
Open Systems Technologies - new york city, NY
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Open Systems Technologies is looking for a Payroll Supervisor to join our team in New York, pensation: Up to $80,000ResponsibilitiesCoordinate daily payroll operations and process weekly and bi-weekly (US & Canada) payrolls. Complete and ensure that the preparation and distribution of payroll, meets established schedules.Review and reconcile all payroll before processing, Maintain checks and balances to reconcile the Payroll team's work before processing.Produce, balance and file 1099s and W2s, Liaise with HRBenefits teams on the administration and maintenance of 401K and benefits plans.Review calculation of wages, overtime, comp time and deductions to ensure compliance with federal and state laws.Ensure compliance with all applicable tax, regulations, wage, and hour laws to ensure the application is accurate within the Paycom payroll system.Review and approve bi-weekly payroll journal entries including the distribution of payroll costs by department to facilitate proper payroll expense reporting by office location.Review employee data changes such as new hires, employee status changes and additional earnings within the payroll system as well as employee database.Review employee time and attendance records to accurately process payroll and identify any issues with submitted time.Oversee the preparation of monthly, quarterly, and year-end reports for management.Oversee set up, control, and maintain employee garnishments, levies, and wage assignments.Manage the coordination of 401(K) contribution data and work with Vanguard to validate and approve bi-weekly funding amounts.Manage with payroll reports for the preparation of various tax returns, and 401k compliance audits.Assist with review and revisions to policies and procedures for the payroll function.Oversee federal and state tax filings and withholdings and any reporting and payments not administered by Paycom.Handle complex inquiries regarding employee payroll matters and perform research on any state level benefits impacting the payroll.Lead, motivate and manage staff in the production of the highest quality of work while ensuring cost effective workflow.Perform other special projects and duties as requested.QualificationsExperience or Bachelor's degree in Business, Finance or Accounting, preferred.3+ years of experience in -depth knowledge of payroll processing, tax principles, wage, and hour laws by State.Ability to develop and improve process and procedures.Superior interpersonal skills.Strong verbal and written communication skills.Excellent organizational and time management skills.Strong attention to detail.Proficient in Excel, knowledge of Paycom, Netsuite and Job DivaBullhorn, is a plus.
Created: 2024-09-26