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Become A Senior Payroll Specialist

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Working As A Senior Payroll Specialist

  • Interacting With Computers
  • Getting Information
  • Performing Administrative Activities
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Mostly Sitting

  • Repetitive

  • $61,422

    Average Salary

What Does A Senior Payroll Specialist Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Senior Payroll Specialist

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Senior Payroll Specialist Jobs

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Senior Payroll Specialist Career Paths

Senior Payroll Specialist
Consultant Bookkeeper Accountant And Office Manager
Account Human Resources Manager
7 Yearsyrs
Payroll Manager Bookkeeper Accounting Manager
Accounting Director
11 Yearsyrs
Administrator Human Resource Specialist Benefits Manager
Benefit Director
11 Yearsyrs
Service Representative Human Resources Coordinator Benefit Specialist
Benefits Manager
8 Yearsyrs
Administrator Human Resources Manager Compensation Consultant
Compensation And Benefits Manager
9 Yearsyrs
Human Resources Assistant Accountant Controller
Controller/Office Manager
7 Yearsyrs
Payroll Manager Payroll Administrator Human Resources Manager
Corporate Human Resources Manager
8 Yearsyrs
Business Analyst Functional Consultant Human Resources Analyst
Hris Manager
10 Yearsyrs
Client Service Supervisor Branch Manager Human Resources Coordinator
Human Resources Administration Manager
6 Yearsyrs
Client Service Supervisor Recruiter Human Resources Generalist
Human Resources Contractor
9 Yearsyrs
Payroll Supervisor Payroll Administrator Human Resources Generalist
Human Resources Generalist/Manager
6 Yearsyrs
Service Representative Analyst Senior Finance Analyst
Manager, Finance Analysis
8 Yearsyrs
Payroll Supervisor Office Manager Payroll Specialist
Payroll Manager
8 Yearsyrs
Business Analyst Program Manager Human Resources Generalist
Payroll/Human Resource Manager
7 Yearsyrs
Payroll Administrator Human Resources Manager
Regional Human Resources Manager
8 Yearsyrs
Payroll Administrator Human Resources Coordinator Human Resources Generalist
Senior Human Resources Generalist
7 Yearsyrs
Human Resources Assistant Specialist Staff Accountant
Tax Manager
8 Yearsyrs
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Do you work as a Senior Payroll Specialist?

Senior Payroll Specialist Demographics

Gender

Female

77.1%

Male

21.5%

Unknown

1.4%
Ethnicity

White

59.9%

Hispanic or Latino

16.0%

Black or African American

11.7%

Asian

8.7%

Unknown

3.7%
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Foreign Languages Spoken

Spanish

65.2%

Chinese

4.3%

Filipino

4.3%

French

4.3%

Mandarin

4.3%

Russian

4.3%

Polish

4.3%

Korean

4.3%

Italian

4.3%
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Senior Payroll Specialist Education

Schools

University of Phoenix

24.8%

Strayer University

14.0%

Kennesaw State University

5.8%

University of Maryland - University College

5.0%

Pennsylvania State University

4.1%

University of Houston

4.1%

Kaplan University

4.1%

Northern Virginia Community College

4.1%

Syracuse University

3.3%

University of North Carolina at Greensboro

3.3%

University of Utah

3.3%

Ramapo College of New Jersey

3.3%

Northeastern University

3.3%

Rockland Community College

2.5%

Southern Connecticut State University

2.5%

Robert Morris University

2.5%

California State University - East Bay

2.5%

Michigan State University

2.5%

Montgomery College

2.5%

The Academy

2.5%
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Majors

Business

35.5%

Accounting

26.0%

Human Resources Management

6.4%

Management

4.0%

Psychology

3.8%

General Studies

2.6%

Criminal Justice

2.4%

Finance

2.4%

Communication

2.1%

Liberal Arts

1.9%

Political Science

1.7%

Marketing

1.7%

Computer Science

1.4%

Education

1.4%

Health Care Administration

1.4%

Computer Information Systems

1.4%

Elementary Education

1.0%

Economics

1.0%

Secretarial And Administrative Science

1.0%

English

0.9%
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Degrees

Bachelors

37.8%

Other

26.3%

Associate

15.5%

Masters

11.9%

Certificate

6.5%

Diploma

1.4%

Doctorate

0.6%

License

0.1%
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Top Skills for A Senior Payroll Specialist

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  1. Payroll
  2. ADP
  3. Payroll Processing System
You can check out examples of real life uses of top skills on resumes here:
  • Input payroll related data including benefits.
  • Train payroll team on new procedures and changes in ADP payroll system due to internal changes as well regulations.
  • Maintain knowledge of the payroll processing system and changes in wage and tax laws to develop a trusted relationship with clients.
  • Researched and resolved client and system problems, and consequently, maintained a high rate of client retention.
  • Reconciled all general ledger accounts, and bank statements monthly for approximately 20 properties.

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