Position:           Payroll Accountant

Location:          Downtown, NYC (In-Office)

Salary:               $65k – $70k

NYC based Savings Bank seeks a Payroll Accountant to join their Team!

Responsibilities

·        Process bi-weekly payroll: Reviews timecards, rate changes, and process payroll. Ensures required signatures are obtained, completed and posted to GL. Updates and maintains payroll files and database to reflect personnel payroll changes.

·        Calculates and maintains Loan Officers Commissions and process Branch incentives

·        Assist employees, timekeepers and supervisors with system training, payroll issues, and request for payroll information.

·        Research payroll issues/discrepancies, and processes necessary corrections. Comply with regulatory standards and policies and procedures of payroll.

·        Prepares and files bi-weekly, monthly, quarterly, and annual reports. Imports and exports reports from the accounting and payroll computer programs for processing. Reconciles assigned accounts.

·        Assist payroll related audits

·        Prepare journal entries and reconciliations. Research discrepancies and makes necessary corrections as needed

·        Prepare FRB and other cash accounts reconciliations

·        Prepares investment and negotiable CDs accounting and reporting.

·        Prepares investment and negotiable CDs transactions such as purchases, sales, payments, market value adjustments and the monthly investment portfolio reconciliation process.

·        Assist in month end closing, financial reporting, and variance analysis.

·        Assist internal & external audit and regulatory examination preparation.

Qualifications

·        3 years of Payroll Accounting experience

·        Must have solid Excel knowledge.

·        Paychex Desired