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Payroll Coordinator at UL

Posted in Other 30+ days ago.

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Location: Northbrook, Illinois





Job Description:
Overview

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Contribute to a Safer, More Secure, and More Sustainable World. At UL, we know why we come to work. Thousands of us around the world wake up every day with one common purpose - to make the world a safer, more secure, and more sustainable place to live. We clear the way for our customers to introduce the latest products, technological advances, and systems in an increasingly complex world so they can provide peace of mind to the market. Our integrity is woven throughout our company and shapes the way we approach and deliver our solutions. We are proud that the work we do every day has a meaningful contribution to society. We continue to build upon our legacy of trusted expertise and partnership to keep our communities safe and secure as we march forward into the future. This helps us to sleep better at night, and we are confident that the millions of people we touch rest easier too.

Responsibilities

The Payroll Coordinator runs payroll cycles, balances and reconciles payroll amounts, and verifies payroll data. Assists in balancing and reconciliation of payroll-related general ledger accounts.

  • Inputs data into the payroll system as needed. Verifies accuracy of manual data entry through balancing and spot checks and interfaced data with daily comparison.
  • Runs payroll cycles according to payroll schedule. Resolves out-of-balance issues by researching items entered and finding errors or inconsistencies.
  • After payroll cycle runs, reviews paychecks for errors. Assists other Payroll Department personnel with delivery of paychecks before established corporate deadlines.
  • Answers employee inquiries regarding paycheck items by explaining payroll policies and procedures.
  • Assists Payroll Manager in reconciliation of general ledger accounts related to payroll items and in reconciliation of bank accounts.
  • Assists in the testing functions when modifications or upgrades to the Payroll System are necessary.
  • May assist in training of new staff members in basic functions, Payroll system or Payroll Department procedures and policies.
  • Assists in prior period adjustments for correct W2 processing each quarter.
  • Responsible for all Fallouts: registration and follow up for all entities
  • Performs other duties as directed.


Qualifications

  • Associate's Degree in Accounting, Finance or a related discipline plus generally two years directly related experience.
  • Demonstrated ability to accurately balance payroll items.
  • Working knowledge of payroll practices and procedures.
  • Working knowledge of Payroll/HRIS systems including report writing.
  • Working knowledge of accounting practices.
  • Basic knowledge of federal, state and local tax codes.