Payroll Coordinator
Payroll Coordinator
Educational Requirements:
- 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
Responsibilities:
- Collecting and verifying employee and timekeeping data
- Computing wages, deductions, commissions, benefits, etc.
- Reviewing computed salaries to ensure accuracy
- Issuing and distributing payslips
- 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