Magellan Aerospace Limited · 1 week ago
Payroll Associate
Haverhill, MA
Full-time
Onsite
Entry Level
$65K/yr - $79K/yr
2+ years expMagellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. They are seeking a Payroll Associate who will be responsible for preparing weekly payroll and maintaining attendance and time card records for all employees.
AerospaceManufacturing
Responsibilities
Processes payroll records for all new employees, including W-4 information. Maintains calendar indicating scheduled pay increase and dates when employees are to be added to benefit programs that require payroll deductions. Explains to employees about direct deposit and savings options
Reviews and checks addition on weekly time cards. Checks with supervisors if there are any discrepancies in terms of unclear arithmetic differences, authorized overtime, shift differentials, or reasons for absences, either paid or unpaid
Enters hours and special pay or deductions on weekly payroll worksheets. Totals and balances worksheets against departmental information submitted by supervisors
Makes any required changes to employee information such as change of address, withholding, or regular deductions. Processes child support deductions and garnishments and requests checks for appropriate recipients of these funds
Arrange for special checks
Records sick, personal, and vacation time on payroll records
Prepares manual payroll checks as required in case of payroll errors or terminations
Reconciles payroll accounts with monthly bank statement
Distributes payroll checks, and mails or holds for safekeeping checks for absent employees
Assist cycle counts and identify variances and make journal entries accordingly
Assist AP. Review employee expense reports for compliance with company policies
Perform bank reconciliations
Process and analyze freight fees
Administrative duties as needed
Qualification
Required
High School Diploma or equivalent
Two years of experience in an accounting department, with at least six months of training in payroll procedures
ADP and SAP experience
Experience with in house processing of payroll
Reliability in checking own work to ensure accuracy
Work well with personnel at all levels
Problem solving skills
Technology driven
Self-motivated
Benefits
Attractive benefits package
Generous Company 401K plan
Positive work-life balance
Excellent career progression opportunities
Employee Assistance Program
Company
Magellan Aerospace Limited
Magellan Aerospace (TSX:MAL) is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$17M2025-01-09Post Ipo Debt· $9M
2025-01-09Grant· $8M
1996-05-10IPO
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