Payroll Specialist

Summary:

Payroll Specialist serves in a strategic support role within a fast-paced, time-sensitive, deadline driven and results oriented environment. This role will handle tasks of processing payroll, managing records, resolving inquiries while under the supervision of the Payroll Manager. This role will also assist human resources and accounting and adheres to high ethical and confidential standards.

Responsibilities:

• Supports payroll workload to meet operational requirements.
• Review timecards, troubleshoot timeclocks deficiencies and maintenance.
• Collaborate with HR and accounting departments to ensure accurate employee records, payroll data and processes.
• Verify and process payroll calculations, ensuring accurate payments are made to employees on time.
• Verify and process commission and bonus payroll calculations and payments.
• Enter payroll data into software systems and generate all payroll reports for review.
• Monitor the accurate processing of staff appointments, transfers, promotions, and terminations.
• Prepare and review monthly payroll account reconciliations and journal entries.
• Maintain accurate vacation and sick time balances.
• Ensure all payroll information and records are maintained in accordance with statutory requirements (e.g. W2, 941R, 940, and SOD).
• Ensure adherence to tax regulations (federal, state, and local), labor laws, and company policies.
• Assist the Payroll Manager in resolving issues relating to payroll production.
• Assist with payroll audits and ensure compliance (401K and Workers Compensation).
• Complete all other responsibilities as directed by manager.

Qualifications / Requirements:

• Associate’s degree or equivalent experience.
• Four (4) years of payroll experience
• Knowledge of applicable local, state, and federal rules and laws
• Strong communication and organizational skills
• Maintains high ethical and confidential standards.
• Proficiency in relevant payroll and accounting software (ADP WorkforceNow & ADP Streamline).

Travel/Misc.:

• None.

Here at Willis Lease Finance Corporation (WLFC), we are dedicated to fair hiring practices and diversity in the workplace. We are committed to a workplace environment that encourages growth and respect for all current and prospective employees based upon job-related factors such as their educational background, work experience, and ability to perform the essential functions of a particular job. It is the policy and practice of WLFC to prohibit any form of discrimination or harassment based on race, color, age, national origin, religion, sexual orientation, sex (including pregnancy, childbirth, or related medical conditions), gender identity or gender expression, military or veteran status, physical or mental disability, genetic information, or any other status protected under applicable Federal, state or local law.

WLFC is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application processes. If you need assistance or an accommodation due to a disability, you may contact us at [email protected].

WLFC also offers a comprehensive benefit package to its eligible employees. This includes medical, dental, vision, 401(k), Roth 401(k), HSA in conjunction with a high deductible plan, life insurance, supplemental insurance, travel accident insurance, employee assistance program, short & long-term disability, employee stock purchase plan, employee education reimbursement plan, matching gift program, health and wellness plan, and paid time off.

To Executive Search Firms & Staffing Agencies: Willis Lease Finance Corporation (WLFC) does not accept unsolicited resumes from any agencies. All unsolicited resumes will be considered WLFC property, and WLFC will not be obligated to a referral fee. This includes resumes submitted directly to any WLFC employee, including Hiring Managers, without contacting WLFC Human Resources Talent Acquisition Department.