Job Description Summary
The primary functions of the Payroll Analyst at Hana Group US will be to ensure accurate and timely payroll processing in coordination with our payroll processing outsourcer and manage the payroll reconciliation. The Payroll Analyst will not process payroll directly but will manage payroll reconciliation, ensuring compliance with company policies and regulations.
Key Competencies
Financial acumen, analytical skills, attention to detail, data research, communication
Duties & Responsibilities
Payroll Coordination
o Main contact for our external payroll outsources company for any directions, questions and/or issues
o Oversee payroll transactions that are performed by the outsourced company
o Serve as a liaison between the outsourced payroll provide, HR team, managers, and employees for any payroll related queries and/or issues
o Knowledge on garnishment setup, and understanding time & attendance processing in Paylocity
o Coordinate workflow to ensure all payroll transactions are processed accurately and timely
Payroll Reconciliation
o Perform detailed payroll reconciliations to ensure accuracy and compliance.
o Analyze compensation related data including wages, tax, and bonuses, and work with the other team member in accounting team to verify, identify and rectify payroll data against financial records
o Conduct regular audits on payroll procedures and records to identify issues and resolves them quickly
Compliance & Reporting
o Ensure compliance with federal, state, and local payroll regulations
o Maintain accurate payroll records and documentation for audit purposes
o Generate and distribute payroll reports to relevant stakeholders
o Effectively communicate with management and employees regarding payroll items
This job posting describes the general duties and responsibilities for the position. Other duties may be assigned as needed.