Payroll Specialist

Job Description

Payroll Specialist

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Location: New York, NY

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Work Arrangement: Hybrid, 4 days onsite / 1 day remote

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Experience: 3–5 years

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Industry: Financial Services

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*MUST HAVE EXPERIENCE WITH WORKDAY PAYROLL*

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The Opportunity

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A growing financial services firm in New York City is seeking an experienced Payroll Specialist to join its HR/People team. This is a hands-on role responsible for supporting the accurate and timely processing of payroll, with a particular focus on maintaining data integrity, resolving payroll inquiries, and ensuring compliance with applicable regulations.

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The ideal candidate will have 3–5 years of payroll experience and hands-on experience processing payroll through Workday . This is an excellent opportunity to join a growing organization where you will have meaningful ownership of the payroll process and the opportunity to develop alongside the business.

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Key Responsibilities

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• Support the end-to-end processing of payroll, ensuring employees are paid accurately and on time.
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• Process payroll using Workday , including employee changes, compensation updates, deductions, bonuses, and other payroll-related transactions.
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• Review payroll data and conduct audits to identify and resolve discrepancies prior to payroll submission.
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• Partner closely with HR, Finance, Benefits, and other internal stakeholders to ensure accurate employee and payroll information.
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• Manage payroll-related inquiries from employees and provide timely, professional support.
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• Process new hires, terminations, leaves of absence, salary changes, bonuses, and other employee lifecycle events.
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• Assist with payroll reconciliations and reporting.
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• Support year-end payroll activities, including W-2 processing and related reporting.
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• Maintain accurate payroll records and documentation.
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• Ensure compliance with federal, state, and local payroll and tax requirements.
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• Identify opportunities to improve payroll processes, controls, and efficiencies as the organization continues to grow.
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• Support ad hoc payroll and HR projects as needed.
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Qualifications

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• 3–5 years of payroll experience , preferably within financial services or another fast-paced, professional environment.
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• Hands-on Workday payroll processing experience is required.
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• Strong understanding of payroll processes, regulations, taxes, deductions, and compliance requirements.
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• Experience supporting multi-state payroll is preferred.
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• Strong Excel skills and comfort working with large sets of employee and payroll data.
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• Excellent attention to detail and a high degree of accuracy.
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• Strong organizational skills with the ability to manage multiple deadlines.
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• Ability to handle sensitive and confidential employee information with discretion.
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• Strong communication and problem-solving skills.
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• Comfortable working in a growing environment where processes and responsibilities may continue to evolve.
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