Job Description
Payroll Specialist
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Location: New York, NY
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Work Arrangement: Hybrid, 4 days onsite / 1 day remote
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Experience: 3–5 years
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Industry: Financial Services
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*MUST HAVE EXPERIENCE WITH WORKDAY PAYROLL*
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The Opportunity
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A growing financial services firm in New York City is seeking an experienced Payroll Specialist to join its HR/People team. This is a hands-on role responsible for supporting the accurate and timely processing of payroll, with a particular focus on maintaining data integrity, resolving payroll inquiries, and ensuring compliance with applicable regulations.
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The ideal candidate will have 3–5 years of payroll experience and hands-on experience processing payroll through Workday. This is an excellent opportunity to join a growing organization where you will have meaningful ownership of the payroll process and the opportunity to develop alongside the business.
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Key Responsibilities
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- Support the end-to-end processing of payroll, ensuring employees are paid accurately and on time.
- Process payroll using Workday, including employee changes, compensation updates, deductions, bonuses, and other payroll-related transactions.
- Review payroll data and conduct audits to identify and resolve discrepancies prior to payroll submission.
- Partner closely with HR, Finance, Benefits, and other internal stakeholders to ensure accurate employee and payroll information.
- Manage payroll-related inquiries from employees and provide timely, professional support.
- Process new hires, terminations, leaves of absence, salary changes, bonuses, and other employee lifecycle events.
- Assist with payroll reconciliations and reporting.
- Support year-end payroll activities, including W-2 processing and related reporting.
- Maintain accurate payroll records and documentation.
- Ensure compliance with federal, state, and local payroll and tax requirements.
- Identify opportunities to improve payroll processes, controls, and efficiencies as the organization continues to grow.
- Support ad hoc payroll and HR projects as needed.
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Qualifications
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- 3–5 years of payroll experience, preferably within financial services or another fast-paced, professional environment.
- Hands-on Workday payroll processing experience is required.
- Strong understanding of payroll processes, regulations, taxes, deductions, and compliance requirements.
- Experience supporting multi-state payroll is preferred.
- Strong Excel skills and comfort working with large sets of employee and payroll data.
- Excellent attention to detail and a high degree of accuracy.
- Strong organizational skills with the ability to manage multiple deadlines.
- Ability to handle sensitive and confidential employee information with discretion.
- Strong communication and problem-solving skills.
- Comfortable working in a growing environment where processes and responsibilities may continue to evolve.
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