Payroll Specialist

About This Role

• The Role and Impact As a Payroll Specialist, you will play a pivotal role in ensuring accurate and timely payroll processing for Intel employees.
• Your expertise will directly impact employee satisfaction and contribute to the seamless execution of payroll operations.
• Working collaboratively across functions such as Finance, Tax, and Legal, you will have the opportunity to drive process improvements, promote compliance, and advance Intel's commitment to operational excellence.
• This role is essential in maintaining the integrity of payroll systems and data, helping Intel achieve its broader objectives with precision and efficiency.
• Key Responsibilities - Prepare and send inputs to payroll vendors for compensation calculations. - Perform computations and adjustments necessary for payroll processing, including exception items and special handling. - Create and maintain employee master data along with other payroll-related information to produce accurate payroll system reports. - Ensure timely and accurate payment of wages, benefits, and associated transactions. - Own payroll support operations, resolve employee inquiries, and document processes for continuous improvement. - Conduct regular audits of payroll records to ensure accuracy and compliance. - Collaborate with Finance for general ledger interfaces, journal entries, and month-end reports to allocate earnings appropriately. - Monitor and escalate any anomalies or errors to ensure defect-free processes. - Identify and report process improvements, operational efficiencies, and gaps in payroll procedures to management. - Champion lean methodologies and deploy cost-competitive solutions to enhance performance and user experience. - Ensure compliance with internal policies and external government regulations. - Work closely with cross-functional teams on payroll-specific change management and communication strategies.