Sr Payroll Accountant

Spectraforce Technologies
sick time, 401(k)
United States, Illinois, Chicago
Nov 08, 2024
Job Title: Sr Payroll Accountant Location: Chicago, IL 60602 Work Model: Hybrid (3days in office) Anchor days: Tuesday & Thursday (candidate selects 3rd day) Duration: 6 months Assignment Shift/Hours: 40hours/week, 8am - 5pm CST Summary: The Senior Payroll Accountant will be primarily responsible for the Finance/ GL management of the payroll function. Prepares and/or monitors payroll tax and general ledger accounts/activities and works with Finance to reconcile identified discrepancies including processing/advising on appropriate accounting transactions to balance accounts. They will be part of the payroll team and will assist in performing daily payroll activities to ensure timely, accurate, and compliant payroll production of assigned payrolls including quarterly and year-end activities. Responsibilities: Prepares and/or monitors payroll tax and general ledger accounts/activities and works with Finance to reconcile identified discrepancies including processing/advising on appropriate accounting transactions to balance accounts Will assist in performing daily payroll activities to ensure timely, accurate, and compliant payroll production of assigned payrolls including quarterly and year-end activities. Reviews payroll adjustment requests to ensure proper authorization and compliance with payroll policies, federal, state, and local tax regulations. Advises management of appropriate corrective action when an error occurs. Responds to payroll inquiries to explain pay, adjustments to pay, and impact of policies, tax law and related changes. Works with vendors and/or reviews payroll systems or applications to ensure changes submitted are correctly reflected on the payroll. May be responsible for system/application testing (e.g. WD new releases) where applicable Represent and lead payroll in meetings with internal teams and external vendors e.g responsible for direct interaction with different committees, management and internal/external auditors. Acquires knowledge of other team members' payroll activities and performs back up support as needed. Manage payroll projects/ process improvements as required Coordinate with the payroll team and ADP to perform quarterly reconciliations, filings, amendments, and tax notices. Researches and monitors regulatory and legislative changes to ensure compliance with federal and state laws and regulations. Conducts a second review on the works of others and train other team members. Skills/Qualifications: 7-10 years of payroll experience required, preferably in a financial services industry with a finance / GL background. Must be familiar with all aspects of payroll processing including payroll production, quarterly reconciliations, garnishments, year-end processing, tax filings, etc. Solid understanding of G/L, payroll accounting, and employment taxes. Attention to detail, ability to work independently and collaboratively, strong organizational skills, and deadline driven. Payroll technical/systems knowledge (WorkDay Certified preferred). Proficient with MS office (i.e., excel). Excellent analytical and problem-solving skills with a focus on continuous improvement. Able to multi-task in a high paced environment. Knowledge of other cross functional areas (i.e., HR, Finance, etc.). Excellent oral and written communication skills. Degree in Accounting, Finance, Business, or related field. Workday Certification is highly sought. About Us: Established in 2004, SPECTRA FORCE is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRA FORCE is built on a concept of "human connection," defined by our branding attitude of NEWJOBPHORIA, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com Benefits: SPECTRA FORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRA FORCE provides unpaid leave as well as paid sick leave when required by law. Equal Opportunity Employer: SPECTRA FORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation. California Applicant Notice: SPECTRA FORCE is committed to complying with the California Privacy Rights Act ("CPRA") effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com. LA County, CA Applicant Notice: If you are selected for this position with SPECTRA FORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer. At SPECTRA FORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position's starting pay is: $50.00/hr.