Payroll Clerk at Bank of America, Philadelphia, Pennsylvania

Company Overview: Bank of America is a leading financial institution in the United States, providing a wide range of banking and financial services to millions of customers nationwide. With a strong commitment to innovation, integrity, and community involvement, Bank of America offers a dynamic and inclusive work environment where employees can thrive and grow professionally. Key Responsibilities for Payroll Clerk: - Process and manage payroll transactions accurately and efficiently - Ensure compliance with all federal, state, and local payroll regulations - Maintain payroll records and data integrity in the system - Respond to employee inquiries regarding payroll matters - Collaborate with HR and finance teams to resolve payroll discrepancies - Prepare payroll reports for management review - Assist in payroll tax processing and year-end reporting - Stay updated on payroll best practices and regulatory changes Required Qualifications: - Bachelor's degree in Accounting, Finance, or related field - 2+ years of experience in payroll processing and administration - Proficient in payroll software and MS Office applications - Strong understanding of payroll regulations and compliance - Excellent attention to detail and accuracy - Ability to handle sensitive and confidential information with discretion - Strong organizational and time management skills - Effective communication and problem-solving abilities Desired Skills: - Certified Payroll Professional (CPP) designation is a plus - Experience with ADP or similar payroll systems - Knowledge of multi-state payroll processing - Familiarity with benefits administration - Ability to work in a fast-paced and deadline-driven environment - Team player with a positive attitude and willingness to learn Compensation & Benefits: The annual salary range for the Payroll Clerk position at Bank of America in Philadelphia, Pennsylvania, is $45,000 to $55,000, commensurate with experience and qualifications. In addition to competitive pay, Bank of America offers a comprehensive benefits package that includes health insurance, retirement plans, paid time off, professional development opportunities, and employee discounts on banking services. How to Apply: To apply for the Payroll Clerk position at Bank of America, please submit your resume and a cover letter highlighting your relevant experience and qualifications through the company's official career portal. Only shortlisted candidates will be contacted for further evaluation. Thank you for considering a career with Bank of America.