Summary
Monitor, reconcile and support the overall tax compliance in a multi-state and multi-entity environment on a pay period basis. Serve as a subject matter expert on tax filings, reporting, and reconciliation of payroll taxes with third-party tax vendor and applicable agencies. Support quarter-end and year-end tax reporting processes and preparation, including but not limited to W-2s. Follow country trends, changes in legislation/regulation, updates to tax rules such as tax equalization, and local payroll control procedures to make recommendations for changes, improvements, or new technologies. Responsible for supporting the reconciliation of payroll and tax accounts to general ledgers with extensive collaboration from Finance/Accounting teams. Maintain payroll-related tax accounts within the third-party tax vendor environment. Prepares various accounting reconciliations, schedules, exhibits, and summaries. Collaborates with Finance on the need for new accounts and revisions in the account structure. Perform periodic internal audits of various payroll tax-related data and prepare materials for internal and external auditors. FPC or CPP designation is preferred.
Description
- Reconcile payroll taxes after each pay period
- Review all statutory tax correspondence
- Assisting in Implementing processes to improve operational efficiency
- Review and monitor tax filings along with associated notices
- Collaborate with Finance on changes affecting payroll tax accruals and resolving related issues
- Collaborate with Payroll Specialists and HRIS on creation and maintenance of tax related reporting within Workday
- Creation and maintenance of specialized tax reports and forms within third-party tax vendor software
- Reconciliation of payroll taxes, cash activity, and third-party tax vendor reports
- Collaborate with Finance in the preparation of payroll tax related journal entries
- Review tax filings, including but not limited to 941s and W-2s
- Represent Payroll Tax team on special projects and research related to payroll tax compliance
- Maintain relationship with third-party tax vendor
- Address payroll tax exceptions and issues with Payroll Managers and third-party tax vendor
- Gather and report requested payroll related data to internal and external customers
- Audit employee work and residential addresses to ensure appropriate tax withholdings
