Payroll Tax Analyst

New York, NY

Summary

Under the direction of the Payroll Manager, the Payroll Tax Analyst’s primary responsibility is to assist the payroll team with the processing and completion of semi-monthly payroll utilizing the ADP Enterprise Payroll/HR system.  The Payroll Analyst will also work to resolve employee issues relating to payroll and taxes.  The position requires a solid working knowledge of payroll best practices and strong knowledge of federal and state regulations.

Responsibilities

• Assist the Payroll team with the day-to-day payroll processing.
• Monitor the employees transferring from one company code to another to ensure the YTD tables are brought over; and make sure the employees do not go over the 401(k), Social Security tax limits set for the tax year.
• Monitor the employees transferring from one office location to another to ensure the correct State and Local jurisdictions are properly set up.
• Audit the ADP Self-Service transaction reports, i.e., payroll tax set ups, address and State and Local tax changes.
• Process necessary W-2 corrections and Prior Quarter Adjustments in accordance with the Federal/State and Local regulations.
• Assist the Payroll Supervisor with the registration of new State, Local and Unemployment withholding taxes with the appropriate agencies as necessary.
• Review periodic tax updates for relevance, accuracy and timeliness.
• Work with the team on NY State, Pension Plan and Workers’ Compensation audits by gathering all the requested information and corresponding with the auditors.
• Collaborate with the Accounting team in identifying and resolving journal entries reconciling items in the clearing account.
• Collaborate with the Tax team in providing timely responses to inquiries such as tax notices received from the IRS and other state jurisdictions.
• Build a good working relationship with the ADP Payroll and Tax Consultants and ensure that issues that issues are resolved in a timely manner.
• Participate in testing of upgrades, process enhancements and third party vendor integrations.
• Provide payroll data and ad hoc reports for Finance, Legal Personnel, HR and Benefits.

Qualifications

• Bachelor’s Degree preferred.
• A minimum of five years of experience in payroll.
• High level of integrity and ability to maintain strict confidentiality of information handled.
• Excellent problem-solving skills which allow for a timely resolution to any employee concerns.
• Highly developed organizational skills.
• Able to work independently with high degree of accuracy, thoroughness, and professionalism.
• Interpersonal skills necessary to interact and work productively with lawyers and firm personnel.
• Excellent customer service, critical thinking, verbal and written skills.
• Flexibility to assume other job responsibilities within the department, as necessary.
• Thorough understanding of ADP Enterprise, high level of Excel proficiency.
• Knowledge of Wage & Hour regulations, calculation of gross-to-net pay.
• This is a hybrid role which requires in-office attendance in accordance with the schedule set forth by the department. A hybrid schedule is an essential function of this role.

Compensation

$80,000 – $90,000. Our client offers competitive compensation and benefits packages.  The firm considers a number of factors when determining compensation, including, but not limited to, education, years of experience, levels of experience, competency levels and other relevant skills and qualifications.

#LI-Hybrid

Salary: $80,000 – $90,000
Date Active: 9.29.2023
Exempt/Not Exempt: Exempt