Payroll Analyst

Position Summary
Independence Home Loans is seeking a detail-oriented and analytical Payroll Analyst to own the accuracy, analysis, and execution of semi-monthly payroll for a diverse workforce, including hourly, salaried, and commission-based employees. This role blends hands-on payroll processing with advanced analytics, commission modeling, and HRIS ownership, ensuring payroll is accurate, compliant, and continuously optimized in a fast-paced, sales-driven mortgage environment. Expertise in Paylocity is required to support payroll operations and system optimization.

Key Responsibilities
💵 Payroll Processing & Execution:

• Process semi-monthly payroll for all employees using Paylocity, including hourly staff, salaried employees, and commission-based loan officers and sales teams
• Execute off-cycle payrolls, adjustments, and manual payments as needed
• Maintain and update payroll records for new hires, terminations, compensation changes, and benefits deductions within Paylocity
• Serve as an owner of payroll cycle timelines and deliverables

📊 Payroll Analysis & Compensation:

• Calculate, audit, and validate commissions, bonuses, and incentive payouts based on complex compensation plans
• Analyze payroll data for discrepancies, trends, and variances; resolve issues proactively
• Reconcile payroll data with Finance, including general ledger entries and month-end close processes
• Prepare payroll, commission, and analytical reports for leadership, particularly Sales leadership
• Develop and maintain advanced Excel models, including pivot tables, lookups, and complex formulas

⚙️ Systems & HRIS Ownership

• Serve as a primary system owner and subject matter expert for Paylocity
• Configure and maintain payroll codes, deductions, and workflows within Paylocity
• Troubleshoot system issues and partner with HR/IT on enhancements and integrations
• Identify opportunities to automate, streamline, and improve payroll processes within Paylocity

✅ Compliance & Accuracy

• Ensure compliance with federal, state, and local payroll tax regulations and wage laws
• Perform payroll audits and maintain documentation and audit trails
• Support year-end processes, including W-2s, audits, and reporting

🤝 Cross-Functional Partnership

• Partner with HR, Finance, and Sales teams to ensure accurate execution of compensation and payroll processes
• Respond to employee inquiries regarding payroll, commissions, and deductions in a timely manner

Qualifications

• Bachelor’s degree in Accounting, Finance, HR, or related field preferred
• 3+ years of payroll processing and/or payroll analytics experience
• Experience processing semi-monthly payroll across multiple pay types
• Strong knowledge of payroll regulations, tax compliance, and wage laws
• Hands-on experience with Paylocity
• Advanced Excel skills required, including pivot tables and lookup functions

Skills & Competencies

• Strong analytical and problem-solving skills
• High level of accuracy and attention to detail
• Ability to manage confidential information with discretion
• Strong organizational and time management skills in deadline-driven environments
• Ability to explain complex payroll data to non-technical stakeholders
• Strong cross-functional collaboration skills

Preferred Qualifications

• Prior experience in mortgage, lending, or sales-driven environments
• Experience managing loan officer commissions or sales incentive plans

Why Join Independence Home Loans?

• Competitive compensation and benefits
• High-growth, performance-driven environment
• Collaborative culture with strong leadership support
• Opportunities for advancement into senior payroll, systems, or compensation roles