Payroll Tax Analyst Job Description Template
Our company is looking for a Payroll Tax Analyst to join our team.
Responsibilities:
- Escalate tax related issues to management as necessary;
- Reviews, identifies, and maintains corrections related to Federal annual exemption withholding requirements;
- Stays abreast of current legislation and regulatory rulings impacting payroll;
- Setup new jurisdictions with proper authorities and facilitate appropriate taxation in HRIS and third‐party vendors;
- Prepare all employer required monthly/quarterly returns processed outside of third‐party provider;
- Partners with third‐party settlement provider confirming accurate deposit and filing of tax liabilities;
- Research, document and monitor payroll tax issues and tax notices with third‐party settlement provider ensuring and maintaining timely resolutions;
- Provides weekly updates regarding outstanding tax issues;
- Completes the MC W 2c uploads e.g. upload JE data to the general ledger system;
- Resolves all assigned Schedule X items e.g. general ledger account analyses, prepare reports;
- Completes tax adjustments;
- Meets all assigned SLAs e.g. tax returns, journal entries, and required clearing of outstanding items;
- Performs other duties as appropriate;
- Performs assigned Quarterly or Annual Audits True ups to ensure accurate payments returns;
- Completes the monthly Gross up file and manages the Gross up matrix.
Requirements:
- Analysis and problem solving skills;
- Communication Skills;
- Workday;
- Intermediate Local, State and Federal Payroll tax knowledge;
- Strong analytical skills;
- Detail oriented;
- Accounting principles;
- Results driven;
- Strong Knowledge of Microsoft Excel such as data extraction, organization, and visualization;
- Experience with high-volume, multi-state payroll for large organizations with payroll taxes handled internally or using ADP Smart Compliance;
- Experience with Microsoft Access;
- Oracle or Vertex software experience;
- Bachelor’s Degree in Accounting, Finance or related discipline;
- Experience in a high volume processing environment, with the ability to communicate professionally both written and verbally;
- Minimum of 1 year of Finance, Accounting or Payroll Tax experience.