Summary: The Payroll Administrator is responsible for overseeing and processing payroll for a financial institution, including calculating wages, benefits, and taxes, ensuring accuracy of payroll records, and distributing paychecks. Responsibilities: Process and distribute employee paychecks and direct deposits on time Ensure payroll records are accurate and up-to-date Process employee benefit deductions, including retirement contributions and health insurance premiums Calculate and record wages, deductions, and taxes accurately Identify and resolve payroll discrepancies and issues Manage employee time off accrual and absences Compile and submit payroll reports to management and regulatory bodies Stay up-to-date with payroll laws, regulations, and tax requirements Coordinate with other departments to ensure all payroll needs are met Qualifications: Bachelor’s degree in accounting, finance, or related field Minimum of 2 years of experience as a Payroll Administrator in banking or financial services industry Solid understanding of payroll laws, regulations, and tax requirements Proficient in payroll software, including ADP or Paychex Strong analytical skills and attention to detail Excellent communication skills and ability to work independently and as a team player.