Payroll Accountant Job Description
As a payroll accountant, it will be your job to manage and process an organization’s payroll. This includes figuring out and processing employee salaries and wages, taking care of employee benefits like health insurance and retirement plans, and making sure that all taxes and other deductions are calculated and processed correctly.
In addition, you will be responsible for maintaining accurate payroll records and files and responding to employee inquiries regarding payroll and benefits.
Payroll Accountant Responsibilities
The responsibilities of a payroll accountant can be summarized as follows:
- Payroll processing and management include calculating and processing employee wages and salaries, managing employee benefits, and making sure that all taxes and other deductions are calculated and processed correctly.
- Payroll accountants are responsible for keeping accurate payroll records and files, which include tax forms, employment contracts, and other important documents.
- Calculating payroll taxes and other deductions: This includes calculating and processing payroll taxes, as well as other deductions such as social security and Medicare contributions.
- Payroll accountants are responsible for making sure that all payroll-related activities follow all relevant laws and rules, such as tax laws and labor laws.
- Providing customer service to employees: Payroll accountants are often the first point of contact for employees with questions or concerns about their payroll or benefits, and must therefore have strong customer service skills.
Payroll Accountant Requirements and Skills
Most of the time, you need a degree in accounting, finance, or a related field if you want to work as a payroll accountant. Some companies may also want you to have a professional certification, like the Certified Payroll Professional (CPP) title. In addition to these formal requirements, this job also calls for strong technical skills, such as being able to use payroll software and systems.
As a payroll accountant, you also need to be good at analyzing and solving problems, paying attention to details and being accurate, and having good communication and people skills.