USA Payroll Specialist - Chennai, India - Shashwath Solution

Description

Job Description:

We are seeking a payroll processing specialist to handle US payroll operations for non-profit entities. The ideal candidate will have experience handling payroll operations for non-profit entities, ensuring compliance with federal and state regulations, managing 401k/403b audits, reviewing timesheets, coordinating with HR, and managing employee benefits. This role requires meticulous attention to detail, strong organizational skills, and a deep understanding of payroll processes.

Responsibilities:

• Process payroll accurately and promptly, including off-cycle payroll runs wherever required, for all salaried and hourly employees, contractors, and volunteers.
• Review timesheets for accuracy, completeness, and compliance with organizational policies and procedures.
• Coordinate with HR and the Operations team to address any discrepancies or issues identified during timesheet review.
• Collaborate with HR and Finance teams to ensure accurate employee data management, including new hires, terminations, and changes in compensation or benefits.
• Handle inquiries from employees regarding payroll-related matters and provide timely and accurate resolution.
• Prepare and submit payroll reports as required by management or regulatory authorities.
• Manage employee benefits programs, including enrollment, changes, and terminations.
• Ensure compliance with federal, state, and local regulations governing payroll processes, including tax withholding, reporting, and remittance.
• Maintain up-to-date knowledge of regulatory changes affecting payroll processing and implement necessary adjustments to ensure compliance.
• Serve as a primary point of contact for employees regarding payroll-related matters and employee benefits inquiries.
• Coordinate and manage 401k/403b audits, gathering relevant documentation and facilitating auditor inquiries.
• Work closely with Finance and Accounting teams to reconcile payroll accounts and ensure accuracy in financial reporting.
• Assist in developing and implementing payroll policies, procedures, and best practices to enhance efficiency and effectiveness.

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred.
• Minimum of six years of experience in payroll processing, preferably in a non-profit environment.
• Proficiency in payroll software (e.g., ADP, Paychex, Paylocity, etc.) and MS Excel.
• Strong understanding of federal, state, and local payroll regulations, including tax laws and reporting requirements.
• Experience with 401k/403b administration and audits preferred.
• Excellent attention to detail and accuracy in data entry and calculations.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Exceptional communication skills, both written and verbal.
• High level of integrity and discretion when handling confidential information.