Soni is partnering with a global Investment Management Firm seeking a
Payroll Accountant. Based in Mid-Town, this firm has been around since 1969 providing various equity and fixed income strategies which have delivered superior long-term returns and client satisfaction.
Responsibilities:
Payroll Processing
- Calculate compensation based on agreements and liaise with Human Resources
- Entering data into payroll system via input screens for semi-monthly and bi-weekly payroll transmissions
- Process and transmit files to third party vendors
- Produce and transmit payroll funding sheets (payroll, loans, PSPP and 401K)
- Communicate to retirement plan administrator amounts for each payroll related to the 401K plan
- Reconciling pre-payroll transmission reports
- Preparing import files for employee benefit programs
- Reconcile, and review quarterly tax file from 3rd Party vendor
- Review year-end W-2’s
- General understanding of the federal, state and local withholdings laws
- Report new hires to appropriate states
- Primary point person for payroll related questions from employees
General Ledger
- Under the direction from the Director of Payroll & Compensation Forecasting, produce and reconcile journal entries for each payroll to the general ledger
- Reconcile liability accounts related to payroll and various compensation accounts
- Assist with the year-end processing of:
- Bonus withholding forms
- Bonus payroll reconciliation
- Deferred compensation elections
- W-2 reconciliation and submission
- Collection and monitoring of IT-2104.1
Other
- Assist with various internal and external audits:
- Annual company audit
- Retirement plan audit
- Various State audits
- Maintains payroll guidelines by writing and updating policies and procedures
- Maintains employee confidence and protects payroll operations by keeping information confidential
- Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks and participating in professional societies
- Various adhoc requests
Requirements:
- Bachelor’s Degree (advanced degree a plus)
- 2-3 years of Payroll related or Accounting experience
- Payroll industry designation a plus
- Solid working knowledge of accounting principles
- Solid understanding of payroll law and procedures
- Ability to multi-task, manage time and accept changing priorities
- Ability to partner and interface with Human Resource personnel and effectively communicate with management Detail oriented
- Advanced knowledge of MS Office tools such as: excel, word, outlook and power point
- Working knowledge of Ultimate Software or comparable payroll software a plus
- Working knowledge of Business Intelligence Reporting (or similar) a plus
Compensation: $100,000-$115,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
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