what course do i take to become a payroll officer

Full Answer

How do I become a payroll officer?

There are lots of different pathways to becoming a payroll officer. Some start out as general business administrators, with lots of different accounting and admin responsibilities, including the pay runs. Some are accounting graduates looking for a specialist role.

What skills do you need to be a payroll officer?

You need to have technical skills, including strong maths and numeracy, and ability to learn software systems. You also need to understand the importance of keeping up to date with regulatory and compliance changes. Becoming a successful payroll officer isn’t just about the right technical skills and knowledge.

How do I become a Certified Payroll Professional (CPP)?

A Certified Payroll Professional candidate must complete an application to take the CPP exam. The APA’s Certification Department must approve the application before the candidate can register for the exam. The APA’s CPP Committee reserves the right to audit applications to verify applicant eligibility.

What does a payroll officer do?

Process the payroll, calculate tax, and coordinate the payment of employees within a business or company. What's it like to be a Payroll Officer? Payroll Officers are responsible for processing payroll, tax calculations, deductions and preparing monthly, quarterly and year-end financial statements.

What training do you need for payroll?

What Does A Payroll Clerk Do?Education RequiredHigh school diploma or equivalentTraining RequiredOn-the-job trainingKey SkillsMath, communications, computer business applications, organizationalCertificationCertification is voluntaryJob Growth (2020-2030)-13% (for all payroll and timekeeping clerks)*1 more row

How do I start a career in payroll?

How to become a payroll specialistGet your education. Payroll specialists must have a minimum of a high school diploma or General Education Development (GED) certificate. ... Gain relevant work experience. Many payroll specialists earn their positions through promotions from a role as a payroll clerk. ... Get certifications.

What skills do I need for payroll?

6 Skills You Need to Move Up to Payroll ManagementPayroll systems experience. Companies expect their senior payroll professionals to know their way around common payroll platforms — and there are many. ... Other technical expertise. ... Business acumen. ... Compliance knowledge. ... Leadership qualities. ... Excellent soft skills.

How long does it take to learn payroll?

Certificates: Complete the Foundations of Payroll Certificate Program and the Payroll Administration Certificate Program either in-person or online. Each program takes approximately five days to complete. Expedited process: Finish the Certified Payroll Professional Boot Camp, which is a four-month-long online course.

Is payroll a good career choice?

Payroll accounting work offers a good challenge for ambitious students. It's a stimulating career perfect for giving you a healthy sense of satisfaction at the end of the day. Better still, most payroll professionals won't be spending their entire days just crunching numbers, either.

How difficult is it to do payroll?

Processing payroll is an unavoidable part of running a business and if you're going it alone it'll be a time-consuming and frustrating experience. It's not just about doing the hard sums and keeping careful records. You'll also need to keep up to date with the latest tax rules and regulations.

Is payroll a stressful job?

Yes, payroll is a stressful job. Payroll processing involves your fellow employees' cash flow, and that seriousness alone can create anxiety. All of the work required to stay on top of a complex function like payroll can add to the stress. Not to mention, learning how to use a payroll system can be very daunting.

How much do you earn doing payroll?

Payroll management salaries A payroll manager based in Central London can expect to earn as much as £70,000 per year. This is in contrast to the following locations: £66,000 per year in Greater London.

Who is a payroll officer?

Payroll officers are compensation and taxation specialists who keep track of a company's payroll information. Their job is to track employee work hours, handle company payroll data, and issue employee paychecks at the end of the pay period.

What is payroll course?

Payroll courses help an individual to learn the salary calculation process, income tax computation, legalities around the pay structure, and more. Payroll experts manage the financial records of all employees working in an organisation including CTC, incentives, bonuses, gross salary, net salary, etc.

Is payroll a part of HR?

Sometimes payroll is part of HR, sometimes it's part of finance — and occasionally it's a stand-alone department reporting directly to the CEO.

How do I become a payroll administrator?

Job requirementscompletion of secondary school is usually required.completion of college or other courses in accounting, bookkeeping or payroll administration or experience as a financial clerk is usually required.payroll association certification may be required.

How much do Payroll Officers earn?

In Australia, a full time Payroll Officer generally earns $1,442 per week ($74,984 annual salary) before tax. This is a median figure for full-time...

What are the job opportunities for Payroll Officers?

There are currently 40,000 Payroll Officers employed in Australia right now and this job role grew very strongly over the last 5 years. Payroll Off...

How do I become a Payroll Officer?

Payroll Officers need a strong understanding of industry awards, ATO and Fair Work requirements. The Certificate IV in Bookkeeping and Accounting (...

What's it like to be a Payroll Officer?

Payroll Officers are responsible for processing payroll, tax calculations, deductions and preparing monthly, quarterly and year-end financial statements. The role may also include elements of accounts payable and light bookkeeping responsibilities.

What can I earn as a Payroll Officer?

Payroll Officer roles in Australia were typically advertised between $70k and $80k in the last 3 months.

Latest Payroll Officer jobs on SEEK

Be one of the first to discover these recently listed jobs, or browse all Payroll Officer jobs on SEEK right now.

How to become a Payroll Officer

It’s possible to work as a Payroll Officer without a formal qualification, however, many employers require a vocational qualification such as a Certificate III in Accounts Administration (FNS30317).

Accredited by CPD UK and IPHM

Accredited by The CPD Certification Service International Practitioners of Holistic Medicine (IPHM)

Entry Requirement

There are no academic entry requirements for this course, and it is open to students of all academic backgrounds.

Method of Assessment

On successful completion of the course, you will be required to sit an online multiple-choice assessment. The assessment will be evaluated automatically and the results will be given to you immediately.

Certificate of Achievement

After successfully passing the MCQ exam you will be eligible to obtain the Payroll Officer Training Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organization for providing high-quality vocational qualifications across a wide range of industries.

Career path

This course opens a brand new door for you to enter the relevant job market and also provides you with the chance to accumulate in-depth knowledge at the side of needed skills to become flourishing in no time. You will also be able to add your new skills to your CV, enhance your career and become more competitive in your chosen industry.

What do you need to be a payroll officer?

To be a successful Payroll Officer, you need to be meticulous and detail orientated. Payroll is a crucial part of any business, and processing payroll on time and with total accuracy is important. This means that you also need to be across information like employee leave, overtime, benefits, bonuses, deductions, superannuation and more.

What can I do with my previous experience in payroll?

Depending on your level of experience, this could be as a Payroll Clerk or a more senior role.

Why is payroll important?

Because payroll is tied in with government laws and regulations that are related to taxation, its important for Payroll Officers to have an understanding of compliance. And because legal requirements can change over time, it’s important to stay up to date with the most recent information.

Do I need math to do payroll?

You also need to have basic maths skills, as some of the calculations you may need to perform for payroll could be quite complex. While there are plenty of software systems available that will make this part of the job easier, you’ll still need to understand how to input calculations and data in order to get the answers you need. Having basic maths skills will help you to avoid making errors.

How much do Payroll Officers earn?

In Australia, a full time Payroll Officer generally earns $1,442 per week ($74,984 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience can you expect a higher salary than people who are new to the role.

What are the job opportunities for Payroll Officers?

There are currently 40,000 Payroll Officers employed in Australia right now and this job role grew very strongly over the last 5 years. Payroll Officers work in all industries and employment sectors — from small business through to large corporations.

How do I become a Payroll Officer?

Payroll Officers need a strong understanding of industry awards, ATO and Fair Work requirements. The Certificate IV in Bookkeeping and Accounting (taking the payroll specialisation) is the minimum qualification. We also suggest the Diploma of Payroll Services.

What does a payroll officer do?

Payroll officers are the people responsible for calculating and administering payroll to staff members of a business. In their role they’re responsible for processing salaries including entitlements such as superannuation and ensuring payroll taxes are paid. Making it a very important role in any organisation.

Is payroll a good career choice?

A: Payroll offers excellent job and salary prospects. The payroll department is a rewarding place to work, bringing you into contact with people throughout the organization. If you’re looking for a career with plentiful job opportunities and interesting work, now is a great time to get your foot in the door.

Are payroll jobs in demand?

Payroll professionals have been critical in helping businesses transition their workforces to remote working, including establishing robust privacy policies and security. It’s no surprise then why payroll professionals are in demand, even with national unemployment surging.

Is payroll difficult to learn?

Learning how to do your own payroll can be very daunting. There’s so much that can go wrong and if you make a mistake, it not only affects you, but the well-being of your employees and you can risk getting penalized by the IRS.

Is payroll a stressful job?

While no payroll job is 100 percent stress-free, there’s no need for work-related worries to take over your life and harm your health. Workplace happiness is within your reach and control. Find out more about how to bring more happiness to the job.

Can you get a payroll job without experience?

The primary qualifications for getting a payroll job with no prior experience are customer service skills and mathematical skills. Fulfilling the responsibilities and duties of an entry-level payroll job requires communication skills, flexibility, problem-solving skills, and the ability to work well under pressure.

Is payroll part of HR?

Payroll functions are covered by either the finance department or human resources department in most organizations. At the same time, payroll is also considered a function of HR because it pays and deals with people. Take, for example, maternity pay.

How to become a payroll officer?

To become a payroll manager, you’ll generally need to have at least a few years’ experience, a formal qualification, or both. You will need to be able to take responsibility and make executive decisions around how to manage compliance with different regulations, from industry awards to tax admin rules. Whilst you may do this with the guidance of a general manager or chief financial officer, you’ll also need to have the confidence and independent decision-making skills to work out the best options for your organisation.

What is a payroll diploma?

The Diploma of Payroll Services is Australia’s nationally recognised, standardised qualification in payroll. It’s designed to cover all the technical skills and knowledge you need to work as a payroll officer in organisations large and small. You’ll learn to work with different types of software and digital tools, and polish up those soft skills you need to be a leader and manager in payroll.

What is payroll officer?

Being a payroll officer involves a lot more than just clicking a button to put through pays every week/fortnight/month. There are lots of technical skills, soft skills and different areas of responsibility and accountability. You’ll need to consider your strengths in each area, and where you could stand to learn and upskill.

What is payroll coordinator?

Some organisations have roles in between entry level payroll, and the officer / manager level. Payroll coordinators may oversee clerks and assistants. They’re generally responsible for a particular area or type of employee in the business. This allows them to specialise in the compliance knowledge required for that group of employees. For example, a business employing people under different national awards or with very different conventions around negotiated pay and conditions may have different payroll coordinators for each division. Alternatively, an all-rounder payroll administrator position may be created to report to (and share responsibilities with) a general office manager or business manager.