Senior Payroll Specialist – Workday Payroll

Flagstar Bank

Payroll Specialist managing payroll calculations and compliance at Flagstar Bank. Responsible for payroll accuracy, regulatory adherence, and vendor coordination.

Posted 4/3/2026full-timeRemote • Missouri • 🇺🇸 United StatesSeniorWebsite

About the role

Key responsibilities & impact

Responsible for performing all duties necessary for the accurate calculation of wages, maintenance of records and distribution of payroll reports and withheld monies.
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.

Requirements

What you’ll need

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.

Benefits

Comp & perks

medical, dental, vision, life, and disability insurance
comprehensive leave program

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

payroll processingpayroll principlesaccounting practicestax regulationswrits of garnishmentchild supportleviessubpoenasU.S. tax treatiescompliance training

Soft Skills

communicationattention to detailanalytical skillsleadershiprelationship buildingcollaborationproblem-solvingstakeholder engagementstrategic thinkingwork culture support

Certifications

High School DiplomaGEDHiSETTASC