Jobs and Careers
UP

Payroll Specialist

Upwork
UKRemotefull_timeVerifiedPosted 21 Nov 2024
💰 $88,250/yr($65,250/yr$88,250/yr)

About the role

Upwork ($UPWK) is the world’s work marketplace. We serve everyone from one-person startups to large, Fortune 100 enterprises with a powerful, trust-driven platform that enables companies and talent to work together in new ways that unlock their potential.

Last year, more than $3.8 billion of work was done through Upwork by skilled professionals who are gaining more control by finding work they are passionate about and innovating their careers.

We are seeking a detail-oriented and experienced Payroll Specialist with 2-5 years of hands-on Workday payroll processing experience. The ideal candidate will have comprehensive end-to-end payroll process knowledge, proficiency in payroll audits, and a deep understanding of payroll taxes and other complex tax situations. The candidate must also possess strong skills in Microsoft Excel.

Responsibilities

  • Workday Payroll Processing - End-to-End Payroll Management:

    • Prepare and process semi-monthly full cycle US exempt and non-exempt payroll.

    • Handle imputed income, garnishments, benefits, taxes, and off-cycle requests.

    • Ensure compliance with Federal, State, and local regulations.

    • Handle the entire payroll process, including data entry, payroll calculation, validation, distribution, and reporting.

  • Workday Timekeeping and Data Monitoring:

    • Administer the electronic timekeeping system.

    • Monitor the submission of approved timesheets, ensure data validity, and ensure adherence to FLSA content to/from payroll service.

  • Payroll Audits: Verify the accuracy of payroll elements including base pay, bonuses, equity, commissions, payroll taxes, and various deductions.

  • Tax Compliance: Ensure accurate calculation and reporting of payroll taxes, including federal, state, and local taxes. Handle complex tax situations and resolve tax issues as they arise.

  • Tax and Benefit Administration:

    • Establish and maintain accurate tax jurisdictions within payroll systems.

    • Regularly review and reconcile payroll tax filings and deposits, coordinating with ADP to resolve discrepancies and ensure compliance.

    • Ensure accurate and timely 401(k) funding and reporting, assist with annual 401(k) audits, and ensure compliance with ERISA and IRS regulations.

  • Reporting: Generate payroll reports for management, finance, and HR departments. Provide analysis and insights on payroll data.

  • Employee Support: Address and resolve payroll-related inquiries from employees. Provide guidance on payroll policies and procedures.

  • Process Improvement: Identify opportunities for process improvements within the payroll function and implement solutions to enhance efficiency and accuracy.

  • Compliance: Stay up-to-date with changes in payroll laws and regulations. Ensure compliance with all federal, state, and local payroll laws.
  • Collaboration: Work closely with HR, finance, and other departments to ensure seamless payroll processing and data accuracy.

Requirements:

  • Experience: Demonstrated experience in payroll processing across multiple states/sites with a strong background in Workday payroll.

  • Knowledge: In-depth understanding of end-to-end payroll processes, payroll audits, payroll taxes, and complex tax situations.

  • Excel Proficiency: Advanced skills in Microsoft Excel, including functions, formulas, pivot tables, and data analysis. 

  • Attention to Detail: Exceptional attention to detail with a high degree of accuracy in data handling and processing.

  • Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret payroll data and identify discrepancies.

  • Communication: Excellent verbal and written communication skills. Ability to effectively communicate payroll information to employees and management.

  • Confidentiality: Maintain strict confidentiality of payroll information and employee data.

  • Time Management: Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

  • Adaptability: Flexibility to adapt to changing regulations and processes.

Preferred Qualifications:

  • Certification: Certified Payroll Professional (CPP) or Funda

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Company

Upwork

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