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Payroll & Accounting Specialist

ADAPTIT is seeking a detail-oriented Payroll & Accounting Specialist to join our finance team. The successful candidate will manage the whole payroll processes, ensuring that all compensation is processed accurately and on time. You will be responsible for maintaining employee records related to payroll, managing deductions, and ensuring compliance with all relevant laws and regulations. In addition to payroll functions, you will assist with general accounting tasks including accounts payable, receivable, and reconciliations. Your analytical skills and attention to detail will be essential in maintaining accurate financial records and producing reports that support business decisions. If you thrive in a fast-paced environment and are passionate about ensuring payroll accuracy while being part of a collaborative team, we want to hear from you.

  • Process payroll accurately and on time, including calculating wages, salaries, bonuses, and deductions.
  • Maintain and update payroll records in compliance with regulations.
  • Assist in month-end closure activities and prepare necessary reports.
  • Perform account reconciliations to ensure accuracy and compliance.
  • Assist in external audits and respond to inquiries regarding payroll and accounting records.
  • Support the finance team in various accounting tasks and projects as needed.
  • Comply with all labor law requirements and act accordingly (e..g. Ergani, Sepe, Efka, Tax).

  • Bachelor's degree in Accounting, Finance, or a related business field.
  • Approximately 3-5 years of experience in payroll processing and accounting roles.
  • Strong knowledge of payroll software (e.g. EpsilonNet - Pylon preferably, with proficiency in others available).
  • Familiarity with accounting principles and practices.
  • Excellent numerical and analytical skills.
  • Detail-oriented with a high degree of accuracy.
  • Strong communication and interpersonal skills, with the ability to work collaboratively.
  • Knowledge of tax laws and regulations related to payroll.
  • Proficiency in MS Office, especially Excel.
  • Ability to handle confidential information with discretion.
  • Private Medical and Life insurance plan
  • Subsidized vouchers (card) for meals
  • Commuting expenses
  • Training & development sponsored plan
  • Flexible work model
  • New IT work equipment
  • Wellbeing activities and events, among others...

Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Payroll & Accounting Specialist, ADAPTIT

ADAPTIT is on the lookout for a detail-oriented Payroll & Accounting Specialist to join our vibrant finance team! If you have a knack for numbers and a passion for accuracy, this role could be your perfect fit. As our Payroll & Accounting Specialist, you'll be at the helm of the entire payroll process, ensuring that every paycheck is calculated and delivered on time. But that’s not all – you’ll also manage employee records related to payroll, tackle deductions like a pro, and ensure we're always in line with the latest regulations and laws. Beyond payroll, you'll get your hands dirty with essential accounting tasks, including managing accounts payable and receivable, as well as performing reconciliations to maintain our financial integrity. Your analytical skills and meticulous attention to detail will make a world of difference as you produce reports that help steer our business decisions. If you thrive in a fast-paced setting and love working within a collaborative framework, we can’t wait to hear from you! With plenty of perks like private medical and life insurance plans, meal vouchers, and a flexible work model, ADAPTIT truly values its employees and invests in their growth and wellbeing. Join us and bring your expertise to our dynamic team!

Frequently Asked Questions (FAQs) for Payroll & Accounting Specialist Role at ADAPTIT
What are the primary responsibilities of a Payroll & Accounting Specialist at ADAPTIT?

As a Payroll & Accounting Specialist at ADAPTIT, your primary responsibilities will include processing payroll accurately and on time, maintaining employee payroll records, managing deductions, and ensuring compliance with relevant labor laws. You'll also assist with month-end closure activities and various accounting tasks, like accounts payable, receivable, and account reconciliations.

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What qualifications are required for the Payroll & Accounting Specialist position at ADAPTIT?

To qualify for the Payroll & Accounting Specialist position at ADAPTIT, you should possess a Bachelor's degree in Accounting, Finance, or a related field, along with approximately 3-5 years of experience in payroll processing and accounting roles. Strong knowledge of payroll software, such as EpsilonNet - Pylon, is preferred, along with familiarity with accounting principles and excellent numerical and analytical skills.

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What skills are essential for succeeding as a Payroll & Accounting Specialist at ADAPTIT?

Essential skills for succeeding as a Payroll & Accounting Specialist at ADAPTIT include a strong attention to detail, accuracy, and proficiency in MS Office, particularly Excel. Strong communication and interpersonal skills are also vital for collaborating with team members and responding to external audits. Knowledge of tax laws and payroll regulations will further enhance your effectiveness in this role.

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How does ADAPTIT support employees in their professional development as Payroll & Accounting Specialists?

ADAPTIT prioritizes the professional development of its employees, offering a sponsored training and development program for Payroll & Accounting Specialists. This initiative is designed to enhance your skills and keep you updated with the latest industry standards, ensuring you can excel in your role and grow within the company.

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What benefits can a Payroll & Accounting Specialist expect when working at ADAPTIT?

Working at ADAPTIT comes with a range of benefits for Payroll & Accounting Specialists, including private medical and life insurance, subsidized meal vouchers, reimbursement for commuting expenses, a flexible work model, new IT work equipment, and various wellbeing activities and events to support your overall health and happiness.

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Common Interview Questions for Payroll & Accounting Specialist
Can you describe your experience with payroll processing and the software you have used?

In your response, highlight specific payroll software you have worked with, like EpsilonNet - Pylon, and describe your role in the payroll process, including how you've ensured accuracy and compliance. Provide examples of challenges you faced and how you overcame them to demonstrate your problem-solving skills.

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How do you ensure confidentiality when handling payroll information?

Discuss your understanding of the importance of confidentiality in payroll processes. Share specific strategies you implement to secure sensitive information, such as limiting access to payroll records and using secure communication channels to share payroll data.

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What steps do you follow to stay updated with payroll and tax regulations?

Explain your proactive approach to keeping current with payroll and tax regulations, such as attending workshops, webinars, and utilizing resources from professional organizations in accounting and finance. Emphasize your commitment to ongoing learning and compliance.

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Describe a time when you identified an error in payroll processing. How did you handle it?

Provide a specific example of when you detected a payroll error and detail the steps you took to investigate and resolve the issue. Highlight your analytical skills and how you communicated with relevant parties to correct the error in a timely manner.

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How do you prioritize tasks when dealing with multiple deadlines in payroll and accounting?

Share your organizational skills and methods for prioritizing tasks. Discuss tools or strategies you use, like checklists or project management software, to effectively manage your time and ensure all deadlines are met, particularly during busy periods like month-end.

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Can you explain your experience with account reconciliations?

Talk about your specific role in performing account reconciliations and your understanding of the process. Provide examples of the types of accounts you reconciled and any methodology you used to ensure accuracy and compliance with accounting standards.

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How comfortable are you working in a team-oriented environment?

Express your enthusiasm for collaborative work and provide examples of successful teamwork experiences in past positions. Highlight your communication style and how you adapt to different team dynamics to foster a positive working environment.

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What is your approach to handling audits related to payroll and accounting records?

Outline your systematic approach to audits, including your preparation methods, such as organizing records, ensuring proper documentation, and responding to inquiries. Discuss how you remain calm and professional during the audit process, ensuring cooperation with auditors.

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How do you handle stress and pressure during peak payroll periods?

Share your strategies for managing stress during busy payroll periods, such as breaking tasks into smaller segments, taking regular breaks, and maintaining open communication with your team. Demonstrate how you can maintain accuracy and productivity under pressure.

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What motivates you to excel in your role as a Payroll & Accounting Specialist?

Discuss your intrinsic motivation for accuracy and detail in payroll and accounting tasks. Share your passion for supporting employee satisfaction through timely and precise payroll processing, and how this aligns with ADAPTIT's values and goals.

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Adapt IT Holdings is an IT services and specialized solutions provider that delivers IT solutions to various manufacturing, financial services, education, and energy organizations. The company is committed to sustainable business practices and str...

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Full-time, remote
DATE POSTED
December 12, 2024

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