What is a Payroll Manager doing? Job description and responsibilities
What does a Payroll Manager do?
We are looking for an experienced Payroll Manager to join our team and manage the payroll system for our company. The successful candidate will be responsible for the accurate and timely processing of payroll for all employees, including calculating wages, overtime, bonuses and deductions, as well as administering benefits, taxes, and other payroll-related information. The ideal candidate will have extensive experience in the payroll industry, excellent communication and organizational skills, and the ability to handle confidential information with discretion. If you are interested in this position, please submit your resume and cover letter.
Responsibilities of Payroll Manager
1. Develop, implement, and manage payroll policies and procedures.
2. Prepare payroll reports and data summaries, ensure accuracy of payroll information.
3. Calculate and process payroll deductions and bonuses, and calculate and process taxes.
4. Maintain and update payroll records, ensuring accuracy and compliance with laws and regulations.
5. Reconcile payroll account, process manual checks for special circumstances, and answer payroll-related questions from employees.
6. Prepare and file all related payroll documents, including tax forms, W-2s, and 1099s.
7. Work with Human Resources and Accounting departments to ensure accuracy of employee data and payroll information.
8. Create and maintain payroll databases and systems, both manual and computerized.
9. Monitor changes in payroll regulations and ensure compliance with laws and regulations.
10. Oversee and manage payroll staff, provide training and development opportunities, and ensure accuracy of payroll information.