Payroll Services Specialist

Description:

Performs payroll and labor accounting duties by

applying payroll accounting principles. WORK

PERFORMED Processes vacation, sick/personal

business leave, and special payments, such as

cash equivalent awards, patent awards, union

grievance payments, and lump sums. Reports

pay corrections. Assesses and inputs late

requests for various leave of absence payments.

Sets-up initial union dues and arrears

deductions. May input employees' Family Medical

Leave (FML) hours into labor data management

systems. Manages billings for vacation liabilities

for transfers in/out/or between business units.

Reviews, verifies, and makes appropriate inputs

for on-line checks in accordance with Company

policies and state laws. Submits requests and

coordinates on-site printing and distribution of

online checks. Verifies and enters check

distribution information. Counsels and assists

employees concerning payroll, payroll accounting activities, time entry inputs, proper labor

recording, and various policies regarding labor

input. Performs the analysis and reconciliation of

data pertaining to payroll and labor accounting,

reconciling discrepancies and determining

corrective action. Prepares and reconciles reports

for suspense, exceptions, and discrepancies.

Monitors and assists with correction of exception

reports. Corrects suspense to valid accounts or

cost element/WBS element. Maintains financial

tables. Prepares and reconciles reports and

payroll general ledger accounts, and employee

sick/personal business leave accrual journals.

Identifies the reconciliation of billable and nonbillable items, as applicable. Identifies the payroll

report differences of billed items versus items to

be journaled. Assembles payroll or labor cost

and other accounting data to prepare and

process journals at month end, investigating

errors for corrective action. Computes amounts

of miscellaneous accruals and write-offs.

Basic Qualifications:

Experience with Payroll.

Experience with MS Office.

Desired

Skills:

Bachelor Degree in Accounting.

Experience with Reconciliation - such as Bank,

Payroll or Labor.

Ability to use excel.

Ability to use a computer.

Good Communication Skills

Ability to Prioritize Work in fast paced

environment

Ability to Work in a Virtual Team Environment

Clearance Level: None

Other Important Information You Should Know

Expression of Interest:
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.

Ability to Work Remotely: Full-time Remote Telework:
The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.

Work Schedules:
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.

Schedule for this Position: 4x10 hour day, 3 days off per week

The base range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $26.67 - $48.11.

Benefits offered:
Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. The wage range and benefits summary is a general guideline and is governed by the applicable collective bargaining agreement when extending an offer.

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Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.

The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.

At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you're invited to apply for this role. Or, if you are unsure whether your experience aligns…