Payroll Tax Specialist

Overview Payroll Tax Specialist

Summary:

The Payroll Tax Specialist delivers on critical payroll activities. These activities include, but are not limited to, accurate tax/garnishment setup in the Workday payroll system, state/local tax account maintenance (registrations, account numbers, rates, POAs, etc.), and overall compliance with applicable laws and regulations. Additionally, the Tax & Garnishment team works closely with Capital One associates to answer questions and resolve any issues with a key focus on associate experience.

Responsibilities:

• Performs daily tasks related to payroll tax including, but not limited to, federal and state tax form entry, payroll/tax adjustments, tax variance identification, tax reconciliation, payroll input as needed

• Ability to complete a gross pay to net pay payroll calculation outside of the payroll system and explain to Associates with questions about their pay

• Ability to determine the correct local taxation for an associate based on Home and Work location

• Reviews payroll system output for errors and makes necessary corrections in the system

• Assists other Capital One HR Partners as required, to resolve errors and maintain or update accurate information in the payroll system

• Assists HR Help Center representatives in handling and following up on inquiries related to payroll tax

• Provides additional information and guidance to associates with questions

• concerning their taxes

• Handles telephone calls and inquiries requiring detailed knowledge about the end to end payroll process at Capital One

• Performs a variety of regularly scheduled and ad-hoc audits of the payroll data to maintain compliance with established standards

• Assists in year-end W2 reporting and preparation

• Regular attendance is required to be successful in this role and overtime may be required as business needs dictate

Basic Qualifications/ Experience:

• High School Diploma, GED or equivalent certification

• At least 1 year of payroll experience or at least 1 year of accounting experience

Preferred Qualifications/ Experience:

• Associate degree

• 1+ years of payroll tax experience

• Experience with Multi-State payroll (5,000+ employees)

• 1+ Local Tax Experience

• Understanding of the gross to net calculation inclusive of pre/post tax deductions and taxable benefits

• Familiarity with pay and benefit programs

• Strong math skills 

• Strong verbal and written communications 

• Professional certification such as FPC or CPP

• Experience with case management systems

• Experience with Workday HR System

• Experience with ADP Smart Compliance

• Demonstrated customer service skills, attention to detail and decision making skills.

• Accustomed to fast paced environment

• Strong desire to grow and learn

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Richmond, VA: $56,800 - $64,800 for Principal HR Coordinator

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at View phone number on us.fitly.work or via email at View email address on us.fitly.work . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to View email address on us.fitly.work

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).