Handle all the details of getting employees paid.
What does a Payroll Specialist do?
Payroll specialists work in the finance or accounting departments of companies of all sizes, from nonprofits to corporations. As a payroll specialist, you’re in charge of everything related to payroll, which is how employees get paid. When a new employee comes to your company, your department determines what their pay rate benefits. Payroll specialists help new employees fill out hiring paperwork. You answer any questions about things like retirement account options, and you also handle pay rate increases or decreases.
Payroll specialists work closely with the company’s human resources department, so it’s necessary that you like working with others and find it easy to collaborate. This job includes working with a lot of paperwork so you need be highly detail-oriented with great organizational skills. You fill out all the necessary information to make sure payroll gets in and everyone gets paid, so accuracy is vital. You need to be comfortable with data management tools since you work a lot with spreadsheets, creating reports that show the payroll, and how that fits into the overall budget.
Payroll specialists typically need a certificate or degree in accounting or payroll accounting.