Payroll Accountant

Company: Monterey Mechanical Company
Location: Oakland
Posted on: February 25, 2021

Job Description:

Position Summary: Supervised by CFO, coordinates and manages principle activities related to recording, calculating, maintaining, and preparing payroll, benefit reports and tax returns, as well reconciling G/L accounts by performing the following duties personally and through a subordinate staff. Responsibilities: --- Weekly payroll operation for 100-200 employees; Compiles payroll data such as hours worked, union benefits withheld, employee identification, as indicated on time sheets and other records. --- Compiles data from personnel records; prepares payroll data related to pensions, insurance, and credit union payments. --- Prepares computer input forms, enters data and computes wages and deductions to post to payroll records. --- Verifies all garnishments on a weekly basis to ensure timely response and appropriate withdrawal of monies. --- Records changes affecting net wages such as rates of pay, address information, and exemptions for each employee to update master payroll records; also records leave pay, non-taxable wages, and data concerning transfer of employees between divisions. --- Reviews wages computed and corrects errors to ensure accuracy of payroll. --- Prints reports, calculates, and transfers funds related to weekly payroll direct deposits. --- Record hours of work, processing of time records, compiling statistics, control records, calculating payrolls, and preparing paychecks. --- Processes weekly Certified Payroll Report --- Prints reports for fabrication and general engineering division managers related to weekly labor costs, employee information, and closing cost reports. --- Prints weekly reports for garnishments, submittals of payment to appropriate agencies (i.e., State, Federal, DMV) and payments withheld for loans (personnel, profit sharing). --- Maintains union and non-union employee information for company and union purposes. --- Prints reports for unions; requests payment of fringes and benefits to unions within specified timelines. --- Calculates State and Federal payroll taxes twice a week. --- Manages information and record-keeping of profit sharing, including loans, and 401K plans; transfers funds withheld to appropriate accounts for 401K on a weekly basis. --- Prints quarterly and end-of-the-year reports for State and Federal taxes, profit sharing, and bonus purposes. --- Reconciling General Ledger accounts. --- Performs other duties as assigned.

Keywords: Monterey Mechanical Company, Oakland , Payroll Accountant, Human Resources , Oakland, California