Schools Training

What Are Computerized Payroll Accounting Training Programs?

4 JAN 2013
Career Path : Accounting

Accounting and finance professionals are currently among the most sought-after professionals in North America. In fact, in Canada, the unemployment rate for analysts, accountants, auditors and financial managers is between 1.9-2.3%, which makes it one of the most stable job markets in that particular country. Unemployment figures across Western countries are very similar, and there is very little to suggest that these sorts of stats will change in the near future, with new laws increasing the demand for stricter internal control among corporations and companies. In short, the career opportunities for graduates of computerized payroll accounting training programs are nearly endless, encompassing a vast array of industries and fields. Everyone, after all, has to balance their books.

Computerized payroll accountants are most often employed by banks, and other financial institutions, insurance companies, and other establishments throughout the private and public sectors. Careers that correspond with the skills learned in computerized accounting most often involve managerial positions within the payroll department. These would include:

  • Payroll Supervisor
  • Accounting Supervisor
  • Bookkeeping Supervisor

Anyone planning to enter the payroll field, however, must have good computer skills and be familiar with automated payroll systems. This is where computerized payroll accounting programs come in. The best of these programs provide students with the necessary skills and knowledge required to provide supervision in the payroll department. Student in computerized payroll accounting training programs will become familiar with basic payroll practices and procedures, as well as the more complex aspects of payroll best practices and standards. In addition to accounting and payroll expertise, graduates from these programs gain skills and experience in business correspondence, office procedures, management fundamentals, job searching and interview techniques.

Computerized Payroll Accounting graduates supervise and coordinate the activities of accounting and payroll clerks and administrators. Day to day duties and responsibilities may include:

  • Implementing efficient working processes
  • Coordinating, assigning and reviewing the work of clerks and administrators
  • Examining and verifying accuracy of bookkeeping work
  • Authorizing routine payments, credits, deposits and withdrawals
  • Establishing work schedules, standards and procedures
  • Preparing and submitting progress and other reports
  • Identifying training needs
  • Training clerks in job duties and company policies
  • Requisitioning supplies and materials
  • Supervising and training staff in payroll processing
  • Supervising preparation of year-end accruals for payroll
  • Providing payroll information as requested by federal, state or provincial and municipal laws
  • Assisting with preparation of annual budgets
  • Interpreting laws, ordinances, regulation, contract provisions and procedures related to payroll processing
  • Preparing reports and analyses of payroll expenditures
  • Notifying Human Resources of employee eligibility for and enrollment in retirement systems
  • Evaluating permanent payroll department staff

As you can see, payroll accountants play an integral role in any company’s success. Break into the industry now with a computerized payroll accounting training program.

Contact The Academy of Learning for more information on their Computerized Payroll Accounting Training program.