What is a Payroll Officer doing? Job description and responsibilities

What does a Payroll Officer do?

We are seeking an experienced Payroll Officer to join our Human Resources team. The successful candidate will be responsible for processing payroll, calculating taxes, and preparing reports to ensure the accurate and timely payment of wages and salaries. The Payroll Officer will also be responsible for maintaining payroll records and responding to employee inquiries. The ideal candidate will have strong attention to detail, excellent organizational skills, and a working knowledge of payroll and tax regulations.

Responsibilities of Payroll Officer

1. Administer the payroll process in accordance with federal and state regulations.
2. Maintain payroll records, including employee timesheets and vacation accruals.
3. Compile payroll data, such as hours worked, taxes withheld, and other deductions.
4. Generate payroll reports and prepare payroll checks.
5. Process salary increases, bonus payments, and other payroll adjustments.
6. Respond to payroll inquiries and resolve any payroll discrepancies.
7. Prepare and file payroll taxes and other required payroll documents.
8. Reconcile bank statements and other financial records related to payroll.
9. Monitor changes in federal and state regulations affecting payroll processing.
10. Assist with the preparation of the annual budget and other financial reports.