Payroll Accounting Specialist

Los Angeles, CA 90017 (Hybrid **Must be local)

$40-$55hr (Weekly pay + medical benefits)

4 month contract ( Excellent potential for extension)

Full-time: M-F, flexible start times/ paid parking

Our client is trusted and established institution providing their commercial and retail customers with a real financial bridge to the next stage of their lives and businesses. Their customers benefit from access to the best of both worlds – large bank resources coupled with individual attention and customized services of a small bank. They aspire to be the most admired bank, recognized for providing their commercial and retail customers a bridge to build their local and global operations and to achieve their financial goals.

POSITION SUMMARY: Responsible for the overall employee payroll and benefits administration. Process and maintain employee information in HRIS system. Ensure all data/documentations/procedures associated with compensation, payroll, and benefits are in compliance with audit standards, Bank’s laws, and regulations

DUTIES:

• Employee Payroll and Benefits Implementation
• Reconcile and process AP bills on a timely matter
• Process employee payroll, benefits, insurance, pension, and savings plans (including payroll transmission and breakdown, general ledger reconciliation, E-time vacation accrual reports, ADP bills, and reimbursement, etc.)
• Reconciliation of employee payroll tax withholding to ensure compliance with all relevant tax laws and regulations
• Prepare monthly salary and benefits related reports
• Prepare data and information associated with payroll, benefits, and compensation to internal and/or external auditors and regulators if requested
• Support the execution of compensation, payroll, and benefits procedures and documentation with legal and regulatory requirements
• Update payroll, benefits, compensation, and other employee information for the maintenance of human resources information and payroll system
• Respond to any inquiries in relation to compensation and benefits by employees
•  Reconcile of HR general ledgers
• Successfully complete all mandatory training on related Bank and compliance as well as other laws and regulations as assigned in a timely manner.
• Perform all assigned duties under Bank’s compliance programs and related laws & regulations.
• Perform other duties as assigned.

Requirements:

• Bachelor’s degree in business, Accounting, Human Resources or related fields OR relevant experience
• 3+ years’ experience in accounting; specifically payroll & benefits administration
• 2+ yrs experience with ADP Workforce Now
• Some accounting experience; mostly in AP.
• Experience or some understanding to reconcile AP bills
• Experience to process bi-weekly payroll
• Experience to reconciliation of employee payroll tax withholding (familiar with payroll taxes- local and state)
• Understanding of different taxations; what is SSA range etc
• Experience to process employee payroll, benefits, insurance, pension, and savings plans
• Working knowledge of Federal, State, and City payroll and benefits compliance
• Experience to download and pull reports in ADP Workforce now or similar systems
• Basic excel experience
• Able to process and maintain employee information in HRIS system
• Respond to employees who reach out on inquires related to compensation and benefits
• Must have excellent attention to detail and a proven track record of accuracy
• Must know how to prioritize and know how to balance deadlines
• Attention to detail, strong organizational, communication, interpersonal, self-motivated, and analytical skills, ability to interact with all levels of management and staff.

TCWGlobal is an equal opportunity employer. We do not discriminate based on age, ethnicity, gender, nationality, religious belief, or sexual orientation.

#LI-SM1