Corporate Payroll Tax Analyst

Posted on Oct 2, 2024 by Paychex
Rochester, NY
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

This position manages payroll tax compliance for the Corporate Payroll Department with limited direction. Acts as the subject matter expert on tax regulations and stays abreast of all tax regulations and drives new and existing processes including upgrades, implementations, and reporting as a result of regulation and/or compliance changes. Develops and maintains constructive, influential relationships with internal and external business partners to ensure compliance needs are properly communicated and executed.

Responsibilities:

Maintains knowledge of payroll tax, including laws/regulations, enacted and proposed legislation, trends, and industry best practices. Represents Payroll in strategy sessions with appropriate business units to research, document, suggest and implement improvements that align with the direction of the company. Educates payroll team on new and existing tax regulations and ensures appropriate procedures are updated.

Responsible for overseeing the accurate and timely preparation and filing of all Monthly, Quarterly and Annual payroll related tax returns for multiple entities. Manages the Federal 941 and 940, State Withholding, State Unemployment, Local Withholding, and submittal of wage information to SSA. Performs audits in preparation for employee W2’s.

Maintains and audits payroll tax review of executive payroll and payroll taxes, stock and RSU processing and ensures all tax accounts are in balance. Completes all payroll tax registrations. Reviews and resolves all tax notices.

Initiates Projects and testing efforts for new and/or updated company initiatives to ensure workflows meet regulation specific criteria. Proactively performs tax regulation audits on processes and procedures and implements updates to existing controls. Performs statistical analysis to identify, qualify, quantify, and validate payroll tax data from multiple internal sources.

Generates, reviews, and distributes reports to Supervisor and peers to ensure accuracy of data and compliance with applicable Federal, State, Local laws, and Paychex policies, including Sarbanes Oxley.

Coordinates and interprets documentation from the ERP provider to identify monthly testing needed for regulatory tax updates. Including monthly patches, Vertex and adhoc updates. Audits output from patching to ensure the system is updated and compliant with tax changes.

Qualifications:

- Required

Excellent interpretation of complex statistical data: o Oracle systems experience preferred. o Advanced Microsoft Excel required, including pivot tables and v-look ups. o Project experience preferred. o Attention to detail and strong organization skills required. .

Demonstrates excellent judgment and decision-making skills o Ability to multi-task and work under tight deadlines with flexibility. o Attention to detail, well developed written and verbal communication with strong time management and project management skill.

Compensation:

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $ $55,720 - $87,560 annually. Please remember that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience, which may result in total compensation outside of this range.

Reference: 203138428

https://jobs.careeraddict.com/post/95753938

Corporate Payroll Tax Analyst

Posted on Oct 2, 2024 by Paychex

Rochester, NY
Admin & Secretarial
Immediate Start
Annual Salary
Full-Time
Overview:

This position manages payroll tax compliance for the Corporate Payroll Department with limited direction. Acts as the subject matter expert on tax regulations and stays abreast of all tax regulations and drives new and existing processes including upgrades, implementations, and reporting as a result of regulation and/or compliance changes. Develops and maintains constructive, influential relationships with internal and external business partners to ensure compliance needs are properly communicated and executed.

Responsibilities:

Maintains knowledge of payroll tax, including laws/regulations, enacted and proposed legislation, trends, and industry best practices. Represents Payroll in strategy sessions with appropriate business units to research, document, suggest and implement improvements that align with the direction of the company. Educates payroll team on new and existing tax regulations and ensures appropriate procedures are updated.

Responsible for overseeing the accurate and timely preparation and filing of all Monthly, Quarterly and Annual payroll related tax returns for multiple entities. Manages the Federal 941 and 940, State Withholding, State Unemployment, Local Withholding, and submittal of wage information to SSA. Performs audits in preparation for employee W2’s.

Maintains and audits payroll tax review of executive payroll and payroll taxes, stock and RSU processing and ensures all tax accounts are in balance. Completes all payroll tax registrations. Reviews and resolves all tax notices.

Initiates Projects and testing efforts for new and/or updated company initiatives to ensure workflows meet regulation specific criteria. Proactively performs tax regulation audits on processes and procedures and implements updates to existing controls. Performs statistical analysis to identify, qualify, quantify, and validate payroll tax data from multiple internal sources.

Generates, reviews, and distributes reports to Supervisor and peers to ensure accuracy of data and compliance with applicable Federal, State, Local laws, and Paychex policies, including Sarbanes Oxley.

Coordinates and interprets documentation from the ERP provider to identify monthly testing needed for regulatory tax updates. Including monthly patches, Vertex and adhoc updates. Audits output from patching to ensure the system is updated and compliant with tax changes.

Qualifications:

- Required

Excellent interpretation of complex statistical data: o Oracle systems experience preferred. o Advanced Microsoft Excel required, including pivot tables and v-look ups. o Project experience preferred. o Attention to detail and strong organization skills required. .

Demonstrates excellent judgment and decision-making skills o Ability to multi-task and work under tight deadlines with flexibility. o Attention to detail, well developed written and verbal communication with strong time management and project management skill.

Compensation:

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $ $55,720 - $87,560 annually. Please remember that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience, which may result in total compensation outside of this range.

Reference: 203138428

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