Necessary skills for Payroll Specialist: skills and requirements
General requirements of a Payroll Specialist
• Bachelor’s degree in Accounting, Business Administration or related field
• At least two years of experience working with payroll processes and systems
• In-depth knowledge of payroll laws and regulations
• Proficiency in relevant payroll software
• Excellent organizational and communication skills
Skills and Behaviours for a Payroll Specialist
Compensation & Benefits Management
Compensation & Benefits management
Employee Pension
Employee Rewards
Incentives
Financial accounting
Financial Reporting
HR Systems
HR technology
Oracle HCM
SAP SuccessFactors
Knowledge of regulatory frameworks
Regulations
Statutory Requirements
Payroll Management
Payroll
Payroll Administration
Payroll Processing
Performance Management
Performance Appraisals
Performance Management
Policy & Compliance Management
Company Policies
Compliance Management
Legal Compliance
Policy Control
Analytical thinking
Gathering information and data
Identifying cause and effect relationships
Communicating information
Asking the right questions
Influencing and persuading others
Synthesizing information