Overview
We are seeking a dynamic and detail-oriented Accountant
Principal Accountant- Payroll Deductions
Roles& Responsibilities:
·Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.
·Runs payroll for various payroll cycles (Off-cycle’s, Weekly, Bi-weekly, andMonthly)
·Prepares and maintains accurate records and reports of payroll transactions.
·Providesupport for audits related to payroll.
·Facilitateaudits by providing records and documentation to auditors and implementprocesses and procedures to improve payroll efficiency and accuracy.
·Provideoversight and direction to Payroll union staff in performing tasks.
·Participatesin the implementation and development of policies and procedures to maintain consistency, improve methodology and efficiency of accountingoperations.
·Ensures accurate withholding of deductionsfrom employee pay, in accordance with federal, state, and local regulations.
·OverseesElectronic Payments of employees pay, ensuring mandatory direct depositparticipation for specified groups of employees. Handle employee account setup,payroll payment reversals and bank returned funds, as well as creating manualcheck (replacements).
·Responsible for accurate and timelydisbursements and reporting to third parties, including processing the weeklyand monthly interface files to Accounts Payable.
·Performs and reviews analyses of selectedgeneral ledger accounts; identifies and resolves reconciling items andaccounting issues on a timely basis.
·Responsiblefor all pension-related deductions, payments, and reporting. This includesdefined benefit plans, defined contribution plans
·Processinbound and outbound payroll interface files, while complying with required file layout specifications, troubleshooting errors, and reconciling data.
·Oversees Pension Payroll. Reviews and approves pension calculations, pension and deduction refunds, voluntary/nonvoluntary deductions, taxes, direct depositand address changes.
·Providesoversight direction to the clerical staff in the performance of specific tasksand responsibilities.
·RunDiscoverer Reports and prepare detailed reports for third party payments, aswell as all levels of management to facilitate the flow of Payroll informationand resolve issues.
·Testingfor periodic system upgrades.
·Perform other duties and miscellaneousprojects as requested by management
·Provideexcellent customer service to all internal/external customers.
Education,Experience & Qualifications:
·Bachelor’sdegree in finance, Accounting, Business Administration, Human Resources orrelated area
·Three(3) to five (5) years of Payroll experience
·Any relevant combination of relevant educationand experience may be substituted for degree requirement.
·Experiencewith payroll processing
Knowledge& Skills:
·Knowledgeof payroll functions include preparation, balancing, timekeeping and accruals.
·Requiredproficiency in (MS) Excel, spreadsheets, macros, Access databases, and other MSapplications.
·Detailoriented with a high degree of accuracy.
·Stronganalytical and problem-solving skills.
·Ableto multi-task and prioritize meeting deadlines.
·Musthave excellent written and verbal skills.
·Preferred:Payroll HCM (Oracle) experience a plus.Discoverer or Orbit Report Writer experience a plus.
Pay: $38.00 - $40.00 per hour
Work Location: Hybrid remote in Newark, NJ 07102
