OUR SERVICES: PAYROLL
Payroll Compliance Specialist
What does a Payroll Compliance Specialist do?
A Payroll Compliance Specialist ensures that an organization’s payroll processes comply with federal, state, and local regulations. Their responsibilities include staying updated on tax laws, wage regulations, and labor laws to ensure accurate payroll processing and tax filings. Payroll Compliance Specialists conduct audits of payroll records, identify compliance issues, and implement corrective actions. They also assist in preparing and submitting payroll tax returns, resolving compliance-related inquiries from government agencies, and providing guidance to payroll staff on compliance matters. Overall, they play a crucial role in maintaining payroll accuracy and legal compliance.
Tier 1 |
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1 to 2 years of experience |
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Tier 2 |
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3 to 5 years of experience |
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Tier 3 |
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> 5 years of experience |
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ABOUT THE ROLE
Roles and Responsibilities
- Ensuring compliance with federal, state, and local payroll regulations.
- Staying updated on tax laws, wage regulations, and labor laws.
- Conducting audits of payroll records to identify compliance issues.
- Implementing corrective actions to address compliance deficiencies.
- Assisting in preparing and submitting payroll tax returns accurately and timely.
- Resolving compliance-related inquiries from government agencies and providing guidance to payroll staff on compliance matters.
Day-to-Day Duties
- Monitoring changes in payroll regulations.
- Reviewing payroll processes for compliance.
- Conducting audits of payroll records.
- Addressing compliance issues and implementing corrective actions.
- Assisting with payroll tax filings.
SKILLS AND TOOLS
Tools
Education
Common Educational Backgrounds and Careers for this Role:
- Public Accounting
- Business administration
- Forensic Finance
- Human Resources
- Compliance Studies
- Legal Studies
- Payroll Management
- Business Management
- Payroll Certification
- Taxation
CANDIDATES TESTS
Tests & Evaluations for Candidates
QuickBooks
QuickBooks Online (UK and US version) test to hire8/10
Bookkeepers, accountants, financial clerks, financial managers, business and clerical administrators.
GAAP
Use the Financial accounting (US GAAP) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.
IFRS
Use the Financial accounting (IFRS) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.