What Degree Do You Need To Be A Payroll Specialist In order to become a payroll specialist you will likely need a bachelor s degree The best degrees for those pursuing a career as a payroll specialist are a bachelor of science in accounting bachelor of science in finance or a bachelor of science in human resource management These types of bachelor degree programs will give you important
A college degree isn t mandatory to become a Payroll Specialist as employers often value practical experience and specific payroll knowledge Certifications such as the Certified Payroll Professional CPP and on the job training can be pivotal However a degree in accounting or finance may provide a competitive edge and deeper Payroll specialists oversee all aspects of timesheet and payroll processing to ensure payroll processing remains compliant accurate and on time Specific responsibilities may vary based on the size of the company the payroll specialist works for and the industry of the company Typically responsibilities include preparing and submitting paper
What Degree Do You Need To Be A Payroll Specialist
What Degree Do You Need To Be A Payroll Specialist
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Once you ve acquired a Bachelor s Degree in Business or a related field you ll typically begin your career as an entry level Payroll Specialist In general you can become a Payroll Specialist after completing your 4 year Bachelor s Degree in a related discipline Depending on the type of Payroll Specialist role you re pursuing you may want The journey to becoming a Payroll Specialist can typically range from 1 to 4 years depending on one s educational background and work experience Individuals with an associate degree in accounting or a related field may enter junior payroll positions and advance to specialist roles within a couple of years
The higher you go in the payroll department the more degrees you ll need After a GED the next step is an associate or bachelor s degree in accounting finance management business administration or human resources A master s degree is a preferred qualification for those planning on advancing to a leadership role in HR or finance Many payroll specialists have a bachelor s degree in accounting Another training option available is a CPA or CMA certification This will give you the skills and knowledge to become a payroll specialist The CPA designation is a professional certification from the American Institute of Certified Public Accountants
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It typically takes 4 6 years to become a payroll specialist Years 1 4 Obtaining a Bachelor s degree in a relevant field such as accounting finance or business administration Years 5 6 Accumulating the necessary work experience in payroll processing tax preparation and accounting software usage ScorePayroll SpecialistUS Average Salary The U S Bureau of Labor Statistics BLS reports that about 134 000 people worked as payroll specialists in the U S in 2020 With opportunities growing for individuals with degrees in human resources students with a keen eye for financial detail and organized payment systems may want to consider a career as a payroll specialist
You should also try to take classes in microeconomics macroeconomics business law and computer applications After high school you should plan on earning your bachelor s degree because most employers prefer to hire payroll specialists who have a degree It s not necessary to pursue graduate level education Payroll Specialist duties and responsibilities Payroll Specialists use excellent mathematical and data entry skills to process pay Duties include Checking timesheets for accuracy Entering data into databases and spreadsheets Handling direct deposit requests and data Processing paper checks for distribution
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What Degree Do You Need To Be A Payroll Specialist - The APA offers the Certified Payroll Professional CPP and the Fundamental Payroll Certification FPC credentials You ll need a minimum of 18 months of payroll work experience to qualify for CPP certification www americanpayroll You can also qualify for the CPP credential if you hold the FPC credential which is open to all