What does a Payroll Coordinator do?
Published 4 min read
A payroll coordinator is responsible for ensuring that all employees are paid correctly and on time. This includes maintaining accurate records of hours worked, calculating wages, and withholding taxes and other deductions. The payroll coordinator may also be responsible for preparing and issuing paychecks, as well as handling any questions or concerns from employees about their pay.
Payroll Coordinator job duties include:
- Maintaining payroll information by collecting, calculating, and entering data
- Updating payroll records by entering changes in exemptions, insurance coverage, savings deductions, and job title and department/division transfers
- Computing wages by calculating hours worked; overtime, vacation, sick leave, and holidays; and deduction of taxes and other withholdings
- Resolving payroll discrepancies by collecting and analyzing information
- Providing payroll information by answering questions and requests
- Maintaining payroll guidelines by writing and updating policies and procedures
- Completing special projects by collecting data; identifying trends; recommending system improvements
- Maintaining confidentiality of payroll operations and employee records
- Bachelors degree in Accounting or related field
- 3-5 years experience in Payroll processing
Payroll Coordinator Job Requirements
Most payroll coordinators have at least an associate's degree in accounting, business, or a related field. Many employers also prefer candidates who have certification from a professional organization, such as the American Payroll Association. Payroll coordinators typically need at least two years of experience working in payroll or a related field before being promoted to a coordinator role.
Payroll Coordinator Skills
- Communication
- Organization
- Multi-tasking
- Detail Oriented
- Time Management
- Problem Solving
- Flexibility
- Adaptability
- Stress Management
- Teamwork
- Interpersonal
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How to become a Payroll Coordinator
There are many things to consider when becoming a payroll coordinator. The most important factor is whether or not you have the aptitude for the job. Payroll coordinators must have excellent organizational skills and be able to handle large amounts of data. They must also be detail oriented and able to meet deadlines.
If you feel that you have the necessary skills, the next step is to research the educational requirements for the position. Many payroll coordinators have at least an associate’s degree in accounting or business administration. However, some companies may require a bachelor’s degree. Once you have completed your education, it is time to start looking for a position.
The best way to find a job as a payroll coordinator is to network with people in the field. Attend job fairs and industry events. You can also search online job boards or contact companies directly. When applying for a position, be sure to emphasize your organizational skills and ability to handle large amounts of data.
Once you have landed a job, it is important to perform well in your role. Payroll coordinators must be able to work accurately and efficiently. They must also be able to troubleshoot any problems that may arise. With hard work and dedication, you can become a successful payroll coordinator and enjoy a long career in this field.
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