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Payroll Specialist

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: K2 Services
Full Time position
Listed on 2026-02-18
Job specializations:
  • HR/Recruitment
    HR / Recruitment Consultant, HRIS Professional, Recruiter, HR Manager
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Overview

We are a newly formed, large PE backed recurring revenue business with ~5,000 employees that is highly acquisitive.

We are seeking a detail-oriented Payroll Specialist to ensure timely, accurate payroll processing and to help professionalize payroll operations as the company continues to grow and acquire new entities.

The ideal candidate has hands-on U.S. payroll processing experience, strong knowledge of federal and state wage and hour requirements, exceptional accuracy, and the ability to operate in a fast-paced environment. This role is essential in delivering a reliable employee experience while maintaining payroll compliance across jurisdictions.

Key Responsibilities

Payroll Processing

  • Process bi-weekly or semi-monthly payroll cycles for employees across multiple U.S. states.
  • Validate and reconcile hours, earnings, deductions, garnishments, benefits, and taxes.
  • Ensure accurate tracking of PTO, overtime, differentials, bonuses, and commissions.
  • Review and audit payroll reports prior to submission to ensure 100% accuracy.

Compliance & Controls

  • Ensure payroll compliance with all U.S. federal, state, and local regulations (FLSA, minimum wage, overtime, tax laws, etc.).
  • Maintain employee payroll records in accordance with company policies and regulatory requirements.
  • Support quarterly and annual filings (W-2, 941, state unemployment, etc.).

Employee Support & Service

  • Act as the first-line resource for employee payroll inquiries.
  • Resolve discrepancies related to pay, taxes, direct deposit, and with holdings.
  • Work cross-functionally with HR and Accounting to maintain accurate employee data.

Systems & Process Improvement

  • Assist with payroll system upgrades, integrations, and automations (e.g., ADP, UKG, Paylocity, Workday, etc.).
  • Implement process improvements to increase efficiency and reduce error rates.
  • Support integration of newly acquired companies into the payroll system and processes.

Special Projects

  • Participate in audits, system migrations, M&A onboarding, and payroll data cleanup.
  • Support cross-functional initiatives related to compensation, benefits, and HR operations.
Qualifications

Must-Have

  • 2–5+ years of hands-on U.S. payroll processing experience (multi-state payroll strongly preferred).
  • Strong knowledge of federal and state wage & hour rules (FLSA, overtime, worker classifications).
  • Experience working in a high-volume or multi-entity environment.
  • High proficiency with payroll systems (ADP, UKG, Paychex, Paylocity, Workday, or similar).
  • Strong Excel skills and comfort working with large datasets.
  • Exceptional accuracy, attention to detail, and confidentiality.

Preferred

  • Experience in a PE-backed or high-growth environment.
  • Experience with onboarding newly acquired entities into payroll.
  • Understanding of benefit deductions, retirement plan contributions, and year-end processes.
  • CPP (Certified Payroll Professional) or FPC certification is a plus.
Competencies
  • Accuracy & attention to detail:
    Zero-error mindset for payroll data.
  • Customer service orientation:
    Clear, empathetic communication with employees.
  • Process mindset:
    Ability to streamline workflows and improve payroll efficiency.
  • Confidentiality:
    Handles sensitive employee information with discretion.
  • Problem-solving:
    Quickly identifies and resolves discrepancies.
What Success Looks Like
  • Payroll is processed 100% accurately and delivered on time—every cycle.
  • Employees trust payroll data and experience minimal issues.
  • Strong compliance posture with clean internal and external audits.
  • Efficient, scalable payroll processes and systems across all entities.
  • Seamless onboarding of newly acquired companies into payroll operations.
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