Job Description
The Staff Accountant/Payroll Manager is responsible for assisting the Director of Finance and Controller in maintaining accurate and timely financial reporting; ensuring acceptable levels of internal control; ensuring compliance with all federal, state, and local regulations and Raffles Hotels Standard Operating Procedures; and safeguarding owners/investors assets. The emphasis of this role is on Payroll processing.
Fundamental Requirements:
- Process Payroll by ensuring timely & accurate payments, addressing employee inquiries and resolving discrepancies directly with them.
- Perform payroll audits and reconciliations to ensure payroll accuracy and compliance.
- Prepare all contribution reporting and facilitate payments to vendors.
- Train leaders on payroll reporting.
- Serve as the primary payroll contact, resolving employee payroll inquiries professionally.
- Maintain strict compliance with corporate protocol and audit requirements.
- Assist in the monthly close process by posting journal entries related to payroll, prepaid, etc.
- Monitor, prepare, and communicate financial reports in accordance with Raffles Hotels required due dates.
- Keep management aware of any unusual operation or financial occurrences and/or significant deviations.
- Ensure overall guest satisfaction by attentive listening and then immediately resolving guest issues or elevating to the Director of Finance or General Manager.
- Cross-Train in other areas within the Accounting Department.
- Assist in other areas as Staff Accountant, namely on AP, AR, and credit.
- Ability to identify root causes of issues that may affect staff or guests and provide actionable and measurable solutions to improve efficiency, overall work environment, and/or guest experience
- Coordinate payroll changes including new hires, terminations, promotions, and employee status updates in partnership with Human Resources.
- Review employee timekeeping, attendance, leave balances, and payroll data to ensure accuracy and compliance.
- Ensure compliance with federal, state, and local payroll regulations, wage and hour laws, and corporate policies.
- Perform regular payroll audits and reconciliations to verify the accuracy of payroll, tax withholdings, deductions, and benefit contributions.
- Prepare payroll accruals, vacation accruals, benefit entries, reversals, and related month-end adjustments.
- Identify and implement process improvements that enhance payroll accuracy, efficiency, and internal controls.