Payroll Analyst
$55k - $85kRBC Capital Markets, LLC
Job Duties
Job Description
What is the opportunity?
Work with a collaborative and high-performing team at RBC, one of Minneapolis/St. Paul Business Journal's top places to work.The Payroll Analyst is responsible for the timely and efficient reconciliation of payroll transactions and accounts for several key payroll functions to ensure the accuracy of the general ledger, payroll funding and reporting for most of RBC's operations in the United States.
What will you do?
Reconcile all payroll G/L accounts and review and analyze outstanding balances as well as prepare and upload G/L batch entries to PeopleSoft
Investigate and explain variances, determine action plan to remediate discrepancies, escalates and reports any issues to supervisor when necessary
Create / maintain up-to-date documentation of all processes and control procedures
Ensure compliance with internal control requirements, general ledger account reconciliation processes and regulatory reporting and serve as main contact for all payroll G/L account inquiries from team members and business partners
Track all payroll adjustments (ACH payments, ACH returns, wires, and SAP check voids, etc.) and provide reports to Finance Department to assist them with their payroll bank reconciliation
Match tax funding to bank account withdrawals daily to catch discrepancies
Handles or distributes Wells Fargo ACH Returns, Notifications of change, positive pay exceptions, and fraud filter
What do you need to succeed?
Must-have
Bachelor's degree in Accounting, Finance or related field with 2+ years payroll/accounting experience
Very strong communication skills (both oral and written), strong attention to detail, and well organized
Ability to set priorities and work effectively in a fast paced, deadline-oriented environment
Enthusiastically embraces change and a self-motivator with a high degree of self-sufficiency
Ability to maintain confidentiality and handle issues with discretion and good judgment.
Nice-to-have
Certified Payroll Professional (CPP)
Accounting designation
Experience with PeopleSoft and SAP a benefit
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to take on progressively greater scopes of work
The good-faith expected salary range for the above position is $55,000 - $85,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC's high performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
Job Skills
Additional Job Details
Address:
250 NICOLLET MALL:MINNEAPOLIS
City:
Minneapolis
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
HUMAN RESOURCES & BMCC
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-07-30
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.
Minimum Education Required
Bachelor Degree
Minimum Experience Required
2 - 20 years
Shift
First (Day)
Number of Openings
1
Public Transportation Accessible
Yes
Veterans Encouraged to Apply
Yes
Physical Required
Yes
Drug Test Required
Yes
Compensation
$11.41 / Hourly
Postal Code
55401
Job Type
Full Time
Place of Work
On-site
Requisition ID
RBCAA0088R0000181854EXTERNALENCA
Job Benefits
Not specified
$90k - $110k
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