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.