Payroll Coordinator (Contract)

As a Payroll Coordinator at loanDepot, your main responsibilities will include processing payroll accurately and efficiently, managing new hires and terminations, overseeing time sheet data, and ensuring all payroll adjustments are made correctly. You will also handle garnishments, provide payroll reports, and offer top-notch customer service to employees. The role plays an essential part in maintaining payroll integrity and supporting the overall HR functions.

To qualify for the Payroll Coordinator position at loanDepot, you should have at least one year of experience working in payroll processing and a college degree. Familiarity with Workday payroll systems is preferred. Additionally, candidates must be in a commutable distance to Irvine, CA, Plano, TX, or Scottsdale/Chandler, AZ, to ensure efficient collaboration with the team.

For the Payroll Coordinator position at loanDepot, experience with Workday payroll systems is preferred but not mandatory. Proficiency with payroll processing software, attention to detail, and strong organizational skills are crucial for managing various payroll functions and ensuring an efficient workflow.

loanDepot is dedicated to the professional growth of its employees, including Payroll Coordinators. The company offers extensive internal growth opportunities, including tuition reimbursement for further education. This commitment ensures that you can enhance your skill set and advance your career in the payroll domain while contributing to a customer-centric environment.

As a Payroll Coordinator at loanDepot, you'll enjoy a comprehensive benefits package that includes medical, dental, and vision coverage, a wellness program to support your mental and physical health, and generous paid time off. The company values diversity and promotes an inclusive culture, ensuring that you thrive while working in a collaborative environment.

When discussing your experience with payroll systems, be sure to detail any specific systems you've used, particularly any familiarity with Workday if applicable. Emphasize your ability to handle payroll processes efficiently and accurately, as well as any challenges you overcame while working with these systems.

To ensure accuracy when processing payroll, outline your methodical approach. This could include double-checking your data entries, reconciling discrepancies, and consistently reviewing time sheet data for errors. Mention any tools or practices you utilize to minimize mistakes.

Explain your communication skills and customer service approach when handling employee inquiries. Provide examples of how you address issues or questions promptly, ensuring employees feel heard and informed. Demonstrate patience and a commitment to resolving payroll concerns effectively.

Share a specific example of a challenge you faced in payroll processing, detailing the nature of the issue and the resolution process. Highlight your problem-solving skills and your ability to remain calm under pressure while ensuring compliance with payroll policies.

Discuss your proactive approach to staying informed about payroll regulations, such as participating in industry webinars, enrolling in training sessions, or reading relevant articles. Explain the importance of compliance and how you apply any new information to your role.

Outline your organization skills and strategies for prioritizing tasks effectively. You can mention creating a daily checklist, using project management tools, or setting deadlines for specific payroll tasks to ensure timely processing, especially during peak periods.

Emphasize your understanding of confidentiality policies and the importance of protecting sensitive employee information. Discuss your practices for safeguarding data, such as secure storage, restricted access, and ethical handling of payroll information.

When discussing tax regulations, provide an overview of your knowledge regarding state and federal payroll taxes. Highlight any direct experiences you have had with tax-related deductions, filings, or issues, showcasing your understanding of compliance requirements.

Share your collaborative approach when working with HR, discussing the importance of communication and teamwork for effective payroll processing. Provide examples of how you've coordinated with HR to ensure accurate employee data while fostering strong relationships across departments.

Discuss your passion for working in payroll, highlighting specific aspects you find rewarding, such as the satisfaction of ensuring employees are compensated accurately or the challenge of navigating complexity in payroll processes. Convey your enthusiasm for the role and its impact on the organization.