Payroll Specialist

About This Role

The Payroll Specialist runs payroll for the whole company and answers employees' questions about their pay slips. This part-time role involves managing Bundanon's payroll operations, ensuring accurate and timely processing for all employees, and ensuring compliance with relevant payroll regulations and organizational policies. The position works closely with Finance, HR, and an external payroll provider to maintain systems and improve processes.

Responsibilities

• Manage and coordinate end-to-end payroll operations, working closely with an external payroll provider to ensure accurate and timely processing
• Manage employee payroll data within the payroll system, ensuring accuracy in compensation, leave accruals, benefits, tax withholding, superannuation, PAYG, worker compensation declaration, month-end and year-end processes
• Stay updated on and lead compliance with all payroll-related legislation, including STP reporting, PAYG, Payroll tax
• Work independently with HR to ensure payroll data integrity, coordinating on issues such as award interpretation, payroll system rules, and other compliance matters
• Work collaboratively with HR to develop and maintain payroll policies and procedures, ensuring alignment with regulatory requirements and best practices
• Proactively coordinate with employees and managers to ensure timely and accurate payroll information, approvals, and resolution of discrepancies
• Manage annualized salary calculations, reviews, and reconciliations to ensure ongoing compliance with applicable Awards and employment conditions
• Apply sound industrial relations knowledge to support accurate and compliant payroll practices
• Collaborate with HR and lead efforts to systemize, automate, and continuously improve payroll processes, including system design, implementation, and optimization to improve efficiency and accuracy
• Ensure that the payroll system configuration aligns with employment legislation and Awards, in collaboration with HR, to support compliance
• Systemize and continuously improve payroll processes to ensure efficient, accurate, and compliant payroll operations
• Assist the Finance Manager with preparation of monthly, quarterly, and annually financial reports for all levels of government
• Assist in reconciling payroll ledger accounts, general ledger cost centers, and employee benefit provisions to ensure accurate financial reporting
• Monitor Full-Time Equivalent (FTE) and budget utilization and produce comprehensive reports to ensure efficient and optimal workforce allocation
• Handle specific Fringe Benefits Tax (FBT) reporting

Requirements

• Tertiary qualifications and related experience in a similar role, independently managing payroll cycles and resolving issues