Synopsys, Inc. Massachusetts , MA 01036
Posted 2 weeks ago
Job Description and Requirements
WHAT YOU'LL DO
The Payroll Specialist will support payroll operations to process and manage the company's payroll. This role is critical in assisting with the calculation of wages based on hours worked, reconciling hours with billing statements and company records, and administering those payments. You will leverage incredible attention to detail and technical capabilities to fully utilize payroll software and tools with accuracy and efficiency. You are ultimately responsible for delivering accurate, complete compensation to our employees in a timely manner. You must be comfortable working and communicating remotely.
DAY-TO-DAY RESPONSIBILITIES:
Gathering information on hours worked for each employee and administrating payroll on scheduled cadence
Calculating the correct amount incorporating overtime, deductions, bonuses etc. with the assistance of a computer system
Preparing and executing pay orders through an electronic system or distributing paychecks
Handles processing of employee status changes, analyzes payroll and employee expenses, assures general ledger accounts are reconciled; creates on-going month-end, quarterly, and year-end organization reports; and performs other rated duties as assigned.
Audits payroll information for accuracy.
Reconciles payroll deposits, tax withholdings, wage garnishments, and voluntary deductions.
Administering statements of payment to personnel either electronically or on paper
Processing taxes and payment of employee benefits
Tracking of hour rates, wages, compensation benefit rates, new hire information etc.
Addressing issues and questions regarding payroll from employees and superiors
Preparing reports for upper management, finance department etc.
WHAT WE ARE LOOKING FOR
MUST HAVES:
Experience managing multiple payrolls, including international experience
Proven experience as a payroll specialist or payroll manager
Solid understanding of accounting fundamentals and payroll best practices
Very good knowledge of legislation and regulations of the field
Proficient in MS Office and good knowledge of relevant software (ADP) and databases
Ability to maintain confidentiality
Outstanding organizational ability with great attention to detail
Possess excellent communication skills
Well-organized and able to meet deadlines
NICE TO HAVE:
Regional payroll support experience in multiple countries or regions
The base salary range across the U.S. for this role is between $93,000-$139,000 annually. In addition, this role may be eligible for an annual bonus, equity, and other discretionary bonuses. Synopsys offers comprehensive health, wellness, and financial benefits as part of a of a competitive total rewards package. The actual compensation offered will be based on a number of job-related factors, including location, skills, experience, and education. Your recruiter can share more specific details on the total rewards package upon request.
Synopsys, Inc.