Payroll Analyst
Quick Facts
Median Salary$67,240
Most Common EducationBachelor's degree
Projected 10-Year Growth-6.35%
Assessment MatchTake the Assessment
What They Do
A Payroll Analyst is responsible for complex accounting functions in the preparation, processing, maintenance, verification and reconciliation of employee leave information, retirement, payroll/benefit records and issuing pay and pay-related information to employees
Core Tasks:
- Verify attendance, hours worked, and pay adjustments, and post information onto designated records.
- Process and issue employee paychecks and statements of earnings and deductions.
- Process paperwork for new employees and enter employee information into the payroll system.
- Compute wages and deductions, and enter data into computers.
- Prepare and balance period-end reports, and reconcile issued payrolls to bank statements.
- Review time sheets, work charts, wage computation, and other information to detect and reconcile payroll discrepancies.
- Distribute and collect timecards each pay period.
- Record employee information, such as exemptions, transfers, and resignations, to maintain and update payroll records.
- Issue and record adjustments to pay related to previous errors or retroactive increases.
- Keep track of leave time, such as vacation, personal, and sick leave, for employees.
- Compile employee time, production, and payroll data from time sheets and other records.
- Keep informed about changes in tax and deduction laws that apply to the payroll process.
- Complete time sheets showing employees' arrival and departure times.
- Provide information to employees and managers on payroll matters, tax issues, benefit plans, and collective agreement provisions.
- Conduct verifications of employment.
What to expect as a Payroll Analyst
1Earn a Bachelor's degree
58% of people achieve this level of education.
2Gain skills and experience
See Payroll Analyst related courses on Tallo
3Land a job
498 openings for Payroll Analysts
Career Progression
in United States (Nation)
The career progression is an interactive way to explore careers related to Payroll Analyst. Click on each career to see its associated salary, job availability, skills, and more.