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Payroll/Accounting Specialist

Company: McWaters Inc
Location: Columbia
Posted on: November 11, 2019

Job Description:

Title: Payroll/Accounting SpecialistReports to: Chief Financial OfficerPrepared: December 2019 SummaryThe primary function of the Payroll/Accounting Specialist is to process and reconcile bi-weekly payroll and assist the CFO in monthly financial entries associated with month-end processing and reconciliations.
Primary Duties & ResponsibilitiesPayroll

  • Process and reconcile payroll, making any necessary changes
  • Creating payroll journal entries and accruals
  • Calculate commissions and process commission payments
  • Submit monthly payroll reports to Workers Comp company for monthly billing purposes
  • Reconcile insurance invoices against payroll and open enrollment elections
  • Oversees the onboarding process of new employees
  • Assist in preparing new hire packages by creating offer letters, commission plans, and non-competes for review
  • Assist in overseeing renewal of benefits and act as point of contact for employee questions
  • Collecting information for Worker's Compensation, payroll and 401k audit
    Accounting
    • Reconciliation of bank accounts and line of credit
    • Review and complete daily cash flow report
    • Assist CFO in other daily, weekly and monthly reporting
    • Balance Sheet reconciliation
    • Creating and updating standard monthly journal entries (examples; Allocations, Pre-paid expenses, Accrued expenses)
    • Renewing Business Licenses
    • Other duties as assigned by CFO
      Skills, Strengths & Experience
      • 5+ years in payroll and accounting functions
      • Must be highly detailed, accurate, and possess strong organizational skills. Ability to manage resources and time to get work done quickly
      • Proficiency in Microsoft Office Suite (particularly Excel)
      • Strong communication (written and verbal skills)
      • Self-start and time management skills
      • Resilient and adaptable, open to new experiences to develop skills and ability to work in a fast paced, continuously evolving role

Keywords: McWaters Inc, Columbia , Payroll/Accounting Specialist, Human Resources , Columbia, South Carolina

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