Description
SoFi is searching for a Payroll Specialist to support its growing business. The Payroll Specialist works within the Payroll Team preparing, processing, and balancing the entire U.S. payroll.
Responsibilities:
- Process regular and off-cycle payrolls for assigned employee populations
- Ensure accurate calculation of wages, overtime, shift differentials, bonuses, commissions, and retroactive pay
- Review and reconcile payroll reports prior to submission to ensure compliance and accuracy
- Validate timekeeping data and resolve discrepancies in coordination with managers and HR
- Process manual checks as needed for terminations, bonuses, and lost checks
- Assist with payroll audits and respond to agency inquiries
- Respond to employee inquiries concerning payroll, ensuring high customer satisfaction
- Perform periodic internal audits of various payroll areas and prepare materials for external or internal auditors
- Identify process gaps and recommend improvements to enhance efficiency and accuracy
- Document payroll procedures and maintain internal controls
- Support compliance with SOX or internal audit requirements
- Provide support for special projects assigned by the Payroll Manager
Requirements:
- 3+ years' experience processing payroll
- Knowledge of Workday systems desired
- Proficiency in Gmail and Microsoft Office Suite, with intermediate or advanced Excel skills
- Excellent customer service skills, with the ability to effectively handle and resolve employee inquiries and issues
- Solid understanding of federal and state wage and hour laws, including payroll taxes, withholding, deductions, and garnishments
- Must exhibit strong personal integrity and be capable of working with sensitive information and keeping sensitive information confidential
- Ability to meet project deadlines and prioritize tasks with a focus on results and accuracy of the payroll
- Ability to function in a highly collaborative environment
- Attention to detail and the ability to maintain a high level of accuracy under pressure
- Organizational, multi-tasking, and prioritization skills
- Exemplary communication skills
- Experience using a ticketing system such as ServiceNow or Jira