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US Payroll Tax Analyst (ID: 210000JU) - TaxJobs

US Payroll Tax Analyst (ID: 210000JU)

701 CARLSON PARKWAY, Minnetonka, MN 55305
CWT
Listing Date: 2021/11/11

 

US Payroll Tax Analyst 

Minnetonka, MN

The Payroll Tax Analyst will serve as the expert of U.S. payroll taxes. To be the primary resource for researching tax law changes and monitoring changes to the payroll system when tax laws are updated. To be responsible for supporting the preparation, review and filing of Federal, State and Local taxes; conduct a regular review of payroll data input and audit of tax accounts; assist the payroll function in processing multi-state payroll and adjustments for all employees. Manage and reconcile payroll taxes at the employer and employee level. Assists with reconciliation to ADP Tax Service reports, preparation, and ensure compliance.

  • Ensure accurate/quality control, efficient and timely preparation, and submission of payroll tax fillings; mitigate instances of penalties and punitive assessments due to mistakes or late fillings working with our 3rd party payroll vendor
  • Reconcile and review the periodic taxes paid file post payroll processing
  • Perform periodic audits, as well as organize and maintain tax records to ensure compliance
  • Correct reconciliation errors where needed and work with 3rd party vendor to prepare/file amended returns as necessary
  • Reconcile, research, and respond to Federal, State, Local and provincial tax agency tax notices working with 3rd party vendor
  • Work on special projects as required, including internal and external audits, W2 and W2c balancing
  • Support and produce necessary payroll tax details for various internal and external requests i.e. Dept. of Labor Reporting, Multiple Worksite Reporting, and Bureau of Labor Statistics
  • Collaborate with payroll team to resolve employee inquiries/cases within the SLA timeframe
  • Create adhoc tax reports to support internal & external functions
  • Research and remain current with payroll tax compliance laws and regulations
  • Collectively collaborate with team to proactively monitor internal controls to ensure accuracy, compliance, and timely tax filing & reporting to government authorities
  • Proactively audit and validate payroll tax filings / reports submitted by our 3rd party service provider
  • Review & confirm that all payroll tax deposits are accurate and executed on-time to eliminate any late filing penalties
  • Support and Review Quarter Balancing & Year End processes with 3rd Party Vendor
  • Assist with quarterly and annual audit engagements with Internal & External Auditors. Ensure informational requests are documented, information is provided and that any issues are clearly identified and resolved
  • Respond to mandatory state unemployment surveys specific to unemployment taxes
  • Handle/create requested reports for Corporate Tax, for their quarterly/annual filings and as needed

Experience & education:

  • Experience
    • Minimum of five years’ experience in Payroll Tax
    • Responsible payroll tax experience in a complex multi-state business environment
    • Experience working with ADP Smart Compliance
    • Experience with researching and filing tax notices received from the IRS
    • Experience with preparing and defending challenges to tax audits
    • Experience with multi-state tax processing and filings
    • Excellent oral and written communication skills and interpersonal skills
    • Experience in Microsoft Office suite applications
    • High Technical skills in Tax related matters
    • ADP Globalview payroll software experience, preferred
    • Certified Payroll Processional designation, preferred
    • Requires general understanding of accounting principles
  • Languages
    • English fluent
  • Knowledge, skills and abilities (KSAs)
    • Ability to effectively prioritize and organize workload 
    • Team Working skills 
    • Customer service skills
    • Critical thinking, data Organization, statistical analysis, written and verbal communication, interpersonal skills and attention to detail
    • Advanced Excel for data analysis (V-lookup/Pivot)
701 CARLSON PARKWAY, Minnetonka, MN 55305

  • 3850 Bessemer Rd.
    Suite 110
    Mount Pleasant, SC 29466

  • Phone: 843.216.7444
  • Fax: 843.216.7799
  • support@taxtalent.com

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