Payroll Accountant in Plainview, New York at Eagle Rock Properties
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Job Description
Eagle Rock Properties, headquartered in New York, is a full-service real estate firm offering investment management, property management, and construction management services. With a team of over 275 professionals, we specialize in rental apartment communities across the Northeast and Mid-Atlantic regions of the United States. Under the leadership of our executives- who have owned and managed properties for more than 30 years- Eagle Rock Properties has emerged as a pioneering force in the industry.
The Payroll Accountant is responsible for the accurate accounting, recording, and reconciliation of payroll and employee benefits transactions. This role ensures payroll expenses, taxes, benefits, and related liabilities are properly recorded in the general ledger and supports the integrity of the Company's financial reporting. The Payroll Accountant works closely with the Payroll, Human Resources, and Finance teams to ensure accurate payroll processing and benefits administration.
Key Responsibilities
- Prepare, record, and reconcile payroll journal entries, including wages, taxes, deductions, accruals, and employer-paid benefits.
- Analyze and reconcile payroll, benefits, and related balance sheet and expense accounts on a monthly basis for multiple entities.
- Prepare and maintain accurate financial reports and schedules related to payroll and employee benefits.
- Assist with month-end, quarter-end, and year-end close activities, including intercompany journal entries and account reconciliations.
- Collaborate with the Payroll team to ensure payroll transactions are processed accurately and in a timely, and resolve payroll-related discrepancies.
- Partner with Human Resources to support the accounting and administration of employee benefit programs, including health insurance, retirement plans, life insurance, and other benefit offerings.
- Ensure payroll and benefits accounting complies with Generally Accepted Accounting Principles (GAAP), company policies, and applicable federal, state, and local laws and regulations.
- Ensure timely and accurate recording and payment of payroll tax liabilities.
- Prepare documentation and schedules to support internal audits.
- Identify opportunities to improve payroll and benefits accounting processes and internal controls.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Three or more years of accounting experience, preferably including payroll accounting, benefits accounting, or payroll administration.
- Strong understanding of general ledger accounting, account reconciliations, and payroll accounting.
- Experience with payroll systems and ERP/accounting software preferred.
- Advanced proficiency in Microsoft Excel, PIVOT tables.
- Excellent analytical, organizational, and problem-solving skills with strong attention to detail.
- Ability to handle confidential information with discretion.
- Strong communication skills and the ability to work collaboratively across departments.
- Ability to work independently and as part of a team.
Eagle Rock Properties provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.