Flagstar Bank · 1 day ago
Payroll Specialist Senior
Troy, MI
Full-time
Onsite
Mid, Senior Level
4+ years expFlagstar Bank is seeking a Payroll Specialist Senior responsible for the accurate calculation of wages, maintenance of records, and distribution of payroll reports. The role involves reviewing payroll reports, providing expertise in payroll policies, and ensuring compliance with applicable regulations.
BankingFinanceFinancial Services
Responsibilities
Reviews, analyzes and verifies payroll reports and documents for accuracy, makes necessary adjustments or corrections through journal entries or other established procedures. Initiates payroll processing quality assurance reviews
Analyzes and responds to complex matters requiring comprehensive knowledge of payroll policies and procedures, authorize exceptions to the policy within defined limits. Acts as a subject matter expert and/or resource to others in the area of payroll processing
Researches and interprets a variety of complex technical information in response to inquiries. Advises, interprets and provides direction to management and staff on rules and procedures, Federal, state and local laws and regulations involving payroll
Prepares and files a variety of local, state, and federal forms including, but not limited to, tax forms, monthly, quarterly and year end filings, responds to outside agency requests for production. Submits reports to supervisor for review
Performs special projects, and additional duties and responsibilities as required
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations
Qualification
Required
Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
Minimum experience required: 4+ Years Payroll experience
Strong knowledge of payroll principles, practices, regulations and procedures
Knowledge of basic accounting practices and procedures
Strong knowledge of applicable state and federal payroll and related tax regulations, legislation and guidelines including, but not limited to writs of garnishment, child support, levies, subpoenas, non-resident alien and U.S. tax treaties
Strength in evaluating and analyzing technical payroll activities
Strong verbal and written communication
Strong attention to detail
Proven strength in ability to perform detailed computations
Skilled in leading the work of others
Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results
Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience
Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders
Physical demands (ADA): The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting
Benefits
Medical
Dental
Vision
Life
Disability insurance
Comprehensive leave program
Company
Flagstar Bank
Thank you for visiting Flagstar Bank, N.A. on LinkedIn, and we look forward to being part of your financial journey.
5001-10000 employees
H1B Sponsorship
Flagstar Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (42)
2023 (41)
Funding
Current Stage
Public CompanyTotal Funding
unknown2021-04-26Acquired
2001-07-12IPO
Leadership Team
Gregg Christenson
Executive Vice President and CFO for Community Banking
R
Randal Turner
SVP & Chief Financial Officer, Loan Servicing and Shared Services
Recent News
2025-11-12
2025-11-07
Company data provided by crunchbase