Payroll Analyst

Job Description

What We're Looking For

The Payroll Analyst develops an understanding of the university’s payroll system to accurately and timely pay employees in compliance with federal and state laws and regulations. The Payroll Analyst helps to assure proper tax treatment, accounting, and disposition of withholdings such as taxes, deductions for benefits, retirement contributions, and other deductions by utilizing appropriate analysis skills. 

The successful candidate will possess a Bachelor’s Degree and a minimum of three years of closely related professional experience in processing payrolls for large employers or related accounting or financial analysis duties. 

• Knowledge of payroll and accounting principles, payroll methods, and federal and state tax regulations is required. 
• Working knowledge of Microsoft Word and Excel
• Ability to work independently 
• Ability to communicate effectively with diverse populations verbally and in writing. 
• An active Christian Faith is required. 

Applicants must currently be authorized to work in the United States on a Full-Time basis. 

What You Will Do

• Helps ensure proper payment of wages and salaries by using the in-house payroll system to correctly process salaries and reported hours worked, correctly utilize paid leave and holiday pay, correctly accrue compensatory time, and correctly compute overtime. 
• Generates records of payrolls showing each payee, hours worked for nonexempt employees, wages paid, associated withholdings for retirement, benefits, and other contributions, and taxes withheld, maintains payroll records and accounts, and prepares journal entries related to payroll in a timely manner.
• Extracts and analyzes data to perform appropriate accounting, reporting and reconciliations of payroll related expense, liability, and control accounts. .
• Uses analytic tools to test and verify the accuracy of payroll data, coordinating with appropriate staff for necessary corrections and adjustments. 
• Coordinates with Human Resources staff to assure that proper benefit deductions have been accounted for.
• Calculates adjustments for employee back pay, deferred pay and pro-rated pay
• Processes off-cycle payrolls in accordance with policy, including communication of processes for weekly off-cycle check runs. 
• Works collaboratively with other Payroll Analysts, Human Resources staff, and others across the university. 
• Provides superior customer service to assist employees or supervisors with understanding payroll processes.
• Contributes to the success of the university by performing all other duties and responsibilities as assigned, acting as a back-up for other positions as needed, maintaining high levels of accuracy, maintaining a professional demeanor and appropriate levels of confidentiality, and providing superior customer service in all interactions.
• Meets strict processing deadlines. 
• Performs other related duties as the supervisor may deem necessary.
• Perform all other duties as assigned to support Baylor’s mission
• Ability to comply with University policies
• Maintain regular and punctual attendance

What You Can Expect

As part of the Baylor family, eligible employees receive a comprehensive benefits package that includes medical, dental, and vision insurance, generous time off, tuition remission, and outstanding automatic retirement contributions. Baylor has a comprehensive benefits plan that supports you and your family’s wellbeing and allows you to be a part of the life of a vibrant and active college campus.  To learn more, go to Baylor Benefits & Advantages.

Explore & Engage

Learn more about Baylor  and our strategic vision, Illuminate .  Also, explore our great hometown of Waco  and the many opportunities to engage locally.   If you are new to Central Texas, This is Waco!

About Us
Baylor University is a private not-for-profit university affiliated with the Baptist General Convention of Texas. As an Affirmative Action/Equal Opportunity employer, Baylor is committed to compliance with all applicable anti-discrimination laws, including those regarding age, race, color, sex, national origin, military service, genetic information, and disability. Baylor’s commitment to equal opportunity and respect of others does not undermine the validity and effect of the constitutional and statutory protections for its religious liberty, including, without limitation, the religious organization exemption under Title VII of the Civil Rights Act of 1964, the religious exemption to Title IX of the Education Amendments of 1972, and the Free Exercise Clause of the First Amendment to the United States Constitution, among others.  Baylor encourages women, minorities, veterans, and individuals with disabilities to apply. EEO/M/F/Vets/Disabled

Job Info

• Job Identification 16278
• Job Category Staff
• Posting Date 02/22/2024, 08:48 PM
• Degree Level Bachelor
• Job Schedule Full time
• Locations 700 S University Parks Drive, Waco, TX, 76706, US