Payroll Specialist

Columbia, MD

Job Summary:
As a Payroll Specialist at iNovex, you will play a crucial role in ensuring accurate and timely processing of payroll for our employees across several business units. You will work closely with the HR team and other departments to manage payroll functions efficiently and maintain compliance with relevant regulations. The ideal candidate should have a strong background in payroll processing, a keen eye for detail, and the ability to thrive in a fast-paced environment.

Responsibilities:
·      Process payroll for all employees accurately and on time, ensuring adherence to established payroll schedules and company policies.

·      Review and verify timekeeping records for accuracy, making necessary adjustments as needed.

·      Calculate and process various payroll elements, including regular and overtime hours, commissions, bonuses, and deductions.

·      Prepare and maintain payroll reports, ensuring data integrity and confidentiality.

·      Monitor and update employee records, ensuring all changes related to payroll, benefits, and taxes are accurately reflected in the payroll system.

·      Collaborate with HR, Finance, and other departments to resolve any payroll-related inquiries or discrepancies.

·      Stay up-to-date with federal, state, and local payroll laws and regulations to ensure compliance with all relevant guidelines.

·      Assist in the preparation of payroll-related tax filings, including W-2s, W-4s, and other payroll-related reports.

·      Process and administer employee benefits, including health insurance, retirement plans, and other payroll-related benefits.

·      Support the payroll team in continuous process improvement initiatives to enhance efficiency and accuracy. 

·      Perform other related duties as assigned. 

Qualifications:
·      Education: High school diploma or equivalent; bachelor’s degree in accounting, Finance, Human Resources, or related field preferred.

·      Experience: 

o   Minimum of two years proven experience as a Payroll Specialist or similar role, with a strong understanding of payroll processing and relevant laws.

·      Other: 

o   Proficiency in using payroll software and systems; experience with Paylocity preferred; ADP, Paychex, or similar platforms is a plus.

o   Excellent mathematical skills with exceptional attention to detail and accuracy.

o   Strong analytical and problem-solving abilities to identify and resolve payroll discrepancies.

o   Solid understanding of payroll taxes, benefits, and related compliance regulations.

o   Ability to maintain confidentiality and handle sensitive employee information with discretion.

o   Strong communication and interpersonal skills to collaborate with team members and respond to employee inquiries effectively.

o   Ability to work under pressure and meet strict deadlines without compromising accuracy.

o   Highly organized and self-motivated individual with the ability to manage multiple tasks simultaneously.

Physical Demands:
·      Must be able to work in a typical office environment.

·      Prolonged periods of sitting at a desk and working on a computer

·      Must be able to lift up to 15 pounds at times

iNovex is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. iNovex is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact Human Resources, hr@inovexcorp.com.