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Payroll Specialist

Creative Financial Staffing Chicago Full-Time
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CFS is sourcing for a Payroll Specialist for a great client located in Downtown Chicago. In this role, you will be responsible for processing payroll for 200 employees, track time off, creating payroll related journal entries, and working cross functionally with HR. This is a full time, direct-hire opportunity.

Job Duties

  • Works under supervision of Payroll Manager
  • Works closely with Accounting Manager
  • Processes payroll for employees on a weekly basis
  • Attends to any employee or manager issues as it relates to payroll on a timely basis
  • Provides support and instruction for managers and employees to ensure proper use of the HR/Payroll system
  • Creates employee repayment schedules when payroll errors result in over-payment
  • Calculates severance payout schedules then ensures information is input into the system properly to pay the appropriate individual correctly
  • Works closely with Human Resources department to ensure data integrity within the HR/Payroll System
  • Creates and records all payroll-related journal entries into the general ledger
  • Reconciles the payroll cash bank account for all US and Canadian entities and investigates any discrepancies
  • Reconciles accrued wages monthly to ensure payroll journal entries are in accordance with Generally Accepted Accounting Principles
  • Provides managers with employee information by running useful and relevant reports out of the HR/payroll system
  • Assists Human Resources in managing the cost of the HR/Payroll system by monitoring the employee population for evidence of inactive employees
  • With consultation of payroll manager, creates or updates payroll policies that align with current company goals
  • Performs other accounting, payroll or administrative tasks as needed

Job Requirements

  • Bachelor’s degree in business with concentration in accounting or finance is required
  • 1+ year of accounting/payroll experience which can be gained from an internship or previous employment
  • Must possess basic math skills, the ability to analyze figures, knowledge of accounting principles, basic payroll policies and excellent verbal and written skills.
  • Must be able to multi-task, establish priorities and organize efficiently.
  • Knowledge of computers and familiarity with accounting/payroll software is also essential.
  • Proficiency in Excel, pivot tables and VLOOKUP’s are also required.
  • Experience with Ceridian Dayforce is preferred
  • Experience with Canadian payroll is preferred

Skills required

Administration
Financial Statements
Financial Analysis
Accounting
Payroll Regulations
Labor Laws

Location

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$57K
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Payroll Specialist
Estimated Salary: $78K
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Creative Financial Staffing (CFS) is one of the world’s largest, privately owned accounting and financial placement companies. Since our founding in 1994, CFS has established numerous offices in the United States and the Caribbean.

Understanding & delivering: We understand the requirements of our clients and we have the resources to provide these clients with exceptional talent.

Highly qualified professionals at every level: We ensure the quality of our recruits by subjecting them to some of the most rigorous screening in the industry. As a result, major employers (Fortune 500 companies, privately-owned companies, and small businesses) increasingly rely on CFS to staff crucial positions ranging from CFOs to accounting clerks.

Personal attention: Time and time again our clients commend us on our individual focus and service. Client and recruit satisfaction is the most important part of our business, and we work hard to ensure that each placement we do is the absolute best.

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