Payroll Specialist II

Work Location:

United States of America

Hours:

40

Pay Details:

$22.75 - $30.00 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Human Resources

Job Description:

The Payroll Specialist II performs various duties and responsibilities in support of the Payroll Department, including preparing, processing and proving the Company's payroll using the payroll system. This job processes employee verifications (limited to those that are not processed by outsourced provider), entering of payroll exception data, and the accuracy earnings and deduction records in the payroll system. The work performed by this job is in accordance to standard policies and procedures and according to applicable regulatory guidelines. The Payroll Specialist II researches, resolves and addresses routine employee questions and issues.

Depth & Scope:

• Processes employee verifications, employee changes (that are not processed by the outsourced provider), exception pay data entry and earnings and deduction records in the payroll system
• Manages and processes more complex transactions such as garnishments, severance, and award payments
• Verifies accuracy of data entered through audit reporting
• Researches and resolves moderately complex payroll problems
• Work is performed according to standard policies and procedures and according to applicable regulatory guidelines
• Performs audits on data entered and makes appropriate adjustments
• Verifies changes based on paperwork received and resolves discrepancies
• Responds to inquiries from employees and management regarding payroll issues
• Researches payroll
• Resolves moderately complex issues, referring the most complex issues to more experienced staff
• May assist less experienced staff with payroll research and inquiries as needed
• May provide training to new employees as appropriate
• Verifies routing of payroll materials to ensure proper distribution
• May generate standard and ad hoc reports for management review and analysis

Education & Experience:

• High School Diploma or the equivalent combination of education and work experience required
• 2-3 years related Payroll experience required
• Solid understanding of payroll procedures
• Proven attention to detail
• Excellent data entry and customer service skills
• Strong ability to work well under pressure while maintaining strong attention to detail
• Knowledge of basic accounting preferred

Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. 

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable