Payroll Specialist

Payroll Specialist – $110,000 – $140,000 + Bonus – Chicago

Frazer Jones are delighted to be supporting a leading name within the financial services industry on the recruitment of a Payroll Specialist to join the business on a permanent basis.

Our client is requiring 4 days per week in the office.

· Maintain and update employee payroll records for multiple entities, including changes to wages, work authorizations, FLSA classifications, and compliance with internal pay policies.

· Process and audit semi-monthly payroll, ensuring accurate and timely payments of wages, bonuses, and retroactive adjustments.

· Manage off-cycle payroll payments and report non-payroll benefits through on-demand payments and manual adjustments as required.

· Monitor and enforce time tracking for non exempt employees, prepare related documentation, and provide training to ensure compliance.

· Audit, review, and reconcile payroll registers; submit funding requests and make corrections to ensure accurate payroll processing.

· Prepare journal entries post-payroll and deliver monthly payroll reports to the Accounting team for efficient financial reconciliation.

· Troubleshoot and maintain Workday payroll system integrations, collaborating with the HR Workday team on system updates and testing.

· Ensure adherence to federal, state, and local payroll regulations; support tax reconciliations, audits, and year-end payroll activities.

· Partner with the global HR team to identify opportunities for payroll policy enhancements and process optimization.

· Perform additional duties as assigned or needed.

Skills & Experience required:

· Strong US multistate exposure.

· Experience of processing bonus payments would be an advantage.

· Strong excel knowledge

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.