Payroll Accountant

Job Description

Position: Payroll Accountant

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Location: Downtown, NYC (In-Office)

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Salary: $60k – $70k

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NYC based Savings Bank seeks a Payroll Accountant to join their Team!

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Responsibilities

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· Process bi-weekly payroll: Reviews timecards, rate changes, and process payroll. Ensures required signatures are obtained, completed and posted to GL. Updates and maintains payroll files and database to reflect personnel payroll changes.

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· Calculates and maintains Loan Officers Commissions and process Branch incentives

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· Assist employees, timekeepers and supervisors with system training, payroll issues, and request for payroll information.

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· Research payroll issues/discrepancies, and processes necessary corrections. Comply with regulatory standards and policies and procedures of payroll.

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· Prepares and files bi-weekly, monthly, quarterly, and annual reports. Imports and exports reports from the accounting and payroll computer programs for processing. Reconciles assigned accounts.

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· Assist payroll related audits

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· Prepare journal entries and reconciliations. Research discrepancies and makes necessary corrections as needed

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· Prepare FRB and other cash accounts reconciliations

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· Prepares investment and negotiable CDs accounting and reporting.

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· Prepares investment and negotiable CDs transactions such as purchases, sales, payments, market value adjustments and the monthly investment portfolio reconciliation process.

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· Assist in month end closing, financial reporting, and variance analysis.

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· Assist internal & external audit and regulatory examination preparation.

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Qualifications

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· 3 years of Payroll Accounting experience

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· Must have solid Excel knowledge.

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· Paychex Desired

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