Payroll Analyst

Role Purpose

Responsible for maintaining payroll systems and processing paychecks according to schedule and in the correct amount. Their duties include consolidating timesheet information and entering data into payroll databases, calculating paycheck amounts, resolve pay related queries and distributing funds to employee accounts. 

Key Responsibilities

• Gathering information on hours worked for each employee.
• Calculating the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system or ERP.
• Maintaining accurate records of payroll documentation and transactions manually and in ERP.
• Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
• Prepare and execute pay orders through an electronic system or distribute pay checks.
• Address issues and questions regarding payroll from employees and superiors to Head of human Resource.
• Administer statements of payment to personnel either electronically or on paper.
• Responding to payroll-related inquiries and resolving concerns.
• Performing account balance and payroll reconciliations.
• Receive approval from upper management for payments when needed.
• Preparing financial reports for accounting and auditing purposes.
• Preparing periodic payroll reports for review by management.