Data Collection : Collecting and verifying timesheet data, attendance, and other employee information required for payroll.
Wage Calculation : Calculating gross pay, including regular hours, overtime, commissions, and other allowances.
Deduction Processing : Determining and applying appropriate deductions for taxes, insurance, retirement contributions, and other benefits.
Payment Processing : Preparing and processing payments via direct deposit or physical checks.
Record Keeping : Maintaining accurate payroll records, documentation, and financial statements.
Compliance : Ensuring compliance with local, state, and federal tax laws and labor regulations.
Inquiry Resolution : Addressing employee questions and concerns regarding pay, deductions, and benefits.
Reporting : Preparing and distributing regular payroll reports to management for financial and auditing purposes.
Reconciliation : Performing payroll account reconciliations to ensure accuracy and balance with bank statements and ledgers.
Payroll Associate • Cubao, Quezon City, National Capital Region, PH