job purpose pays employees by compiling and processing payroll information maintaining records duties updates records by reviewing and entering changes in exemptions insurance changes deductions paidtime not worked status and pay calculating vacation earned prepares pay by verifying time records calculating and producing checks or electronic transfers calculating and producing quarterly incentive bonuses balances payroll accounts by auditing information identifying and resolving discrepancies initiating journal entries determines payroll liabilities by entering income and national insurance tax information transfer and direct deposits wage assignments and garnishments fulfils wage garnishment requirements by completing forms adjusting payroll records documenting and transmitting withholdings negotiating with collection agencies to convert garnishments to wage assignments purchases savings bonds by maintaining deduction records completing forms coordinating renewable limits register initiating deductions ordering bonds recording purchases maintains life insurance by updating calculations preparing check requests initiating disbursements remits tax payments by collecting and verifying data preparing national and local tax reports initiating payment updates job knowledge by participating in educational opportunities reading regulations and professional publications accomplishes accounting and organisation mission by completing related results as needed skillsqualifications tax compensation and wage structure worker compensation benefits administration employment law analysing information attention to detail confidentiality thoroughness verbal communication