Payroll Specialist

LHH; New York (NY); On-site; USD 55,000 - 65,000; Full time

Job summary

LHH Recruitment Solutions is seeking a Payroll Specialist for a permanent, direct-hire role with a financial services firm located in Downtown NYC. This position supports day-to-day payroll processing, timekeeping, tax compliance, payroll accounting and reporting, and month-end close activities.

Responsibilities include processing biweekly payroll, maintaining records for hires and terminations, handling commissions and bonuses, and ensuring accuracy in payroll reconciliations and reporting.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 2+ years of payroll experience.
• Experience with Workday, Paychex, or a similar payroll system.
• Knowledge of payroll compliance and accounting principles.
• Proficient in Excel, including PivotTables and Vlookups.
• Detail-oriented, organized, and able to work independently and collaboratively.

Responsibilities

• Process biweekly payroll, including hours, pay changes, and deductions.
• Maintain payroll records for new hires, terminations, compensation changes, and benefit changes.
• Process commissions, bonuses, and incentive payments.
• Review payroll for accuracy and resolve discrepancies.
• Respond to payroll and timekeeping questions.
• Complete payroll reconciliations, reporting, and audit support.
• Prepare payroll journal entries and account reconciliations.
• Support month-end close, financial reporting, and variance analysis.

Skills

Detail-oriented

Organized

Independent work

Collaborative

Education

Bachelor's degree in Accounting, Finance, Business Administration, or a related field

Tools

Workday

Paychex

Excel

Job description

LHH Recruitment Solutions is seeking a Payroll Specialist for a permanent, direct-hire opportunity with a financial services firm located in Downtown NYC. This role will support day-to-day payroll processing, timekeeping, tax compliance, payroll accounting and reporting, and month-end close activities.

Responsibilities:

• Process biweekly payroll, including hours, pay changes, and deductions
• Maintain payroll records for new hires, terminations, compensation changes, and benefit changes
• Process commissions, bonuses, and incentive payments
• Review payroll for accuracy and resolve discrepancies
• Respond to payroll and timekeeping questions
• Complete payroll reconciliations, reporting, and audit support
• Prepare payroll journal entries and account reconciliations
• Support month-end close, financial reporting, and variance analysis

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
• 2+ years of payroll experience
• Experience with Workday, Paychex, or a similar payroll system
• Knowledge of payroll compliance and accounting principles
• Proficient in Excel, including PivotTables and Vlookups
• Detail-oriented, organized, and able to work both independently and collaboratively

Schedule:

• 5 days in office in Downtown Manhattan
• Hours: 9:00 AM–5:00 PM

Employment Type:

$55K–$65K

Equal Opportunity Employer/Veterans/Disabled