Payroll coordinators are responsible for managing all aspects of payroll processing. They collect and verify employee data, compute wages, and ensure employees receive correct payment.
Payroll Coordinator Job Responsibilities:
- Collecting and verifying employee and timekeeping data.
- Computing wages, deductions, commissions, benefits, etc.
- Reviewing computed wages to ensure accuracy.
- Issuing and distributing paychecks.
- Updating payroll information for promotions, transfers, terminations, and new hires.
- Recording and maintaining employee records and payroll transactions.
- Preparing statements reflecting earnings, taxes, and deductions.
- Answering questions and resolving issues regarding payroll.
- Ensuring compliance with company policies, relevant industry regulations, tax, and deduction laws.
- Preparing payroll reports for management and auditing purposes.
Payroll Coordinator Job Responsibilities:
- Degree in accounting, finance, or a related field.
- Experience in payroll administration.
- Good working knowledge of accounting practices and tax laws.
- Proficiency in Microsoft Office, payroll systems and database software.
- Excellent communication skills, both verbal and written.
- Organizational and time management skills.
- Ability to maintain strict confidentiality.
- Strong attention to detail.