Senior Payroll Analyst - Tax and Remittance

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Responsibilities

 At Verizon, we innovate constantly to help the biggest names in business do business – quicker and smarter. It takes vision. It takes focus. And we apply both every bit as much to the way we do business too. The brightest minds, the latest technologies and pioneering processes are combining to enhance this critical business function at our Center for Excellence. We’re finding new ways to add value and provide strategic support. This is the kind of work we do. And you can be part of it.

This position is responsible for supporting the Payroll processing activities relating to specific Tax Remittance processing associated with an employee’s payroll payment. The specific responsibilities include performing analytical audits of the pay cycles, balancing vendor invoicing files on a daily, monthly, quarterly and year end basis to ensure both aspects of timeliness and accuracy are achieved in processing all tax remittance payments. Additionally, this position will actively participate as the primary support for all testing of system or processing upgrades, enhancements and changes as they are developed in the due course of business activities. This position will interact on a regular basis with internal company HR, Finance, Internal Audit, and external vendor managing Tax filing and remittance activities relating to all Federal, State and Local jurisdictions and provide support to the Supervisor. This position serves as the subject matter expert for the processes they support, having a complete understanding of the process for the function in addition how this process integrates with the overall end-to-end payroll processing.

Scope of responsibilities include but is not limited to the following:

Specific Responsibilities

  • Performs detailed verification, review and preparation of payroll tax remittance payments required to ensure the third party vendor achieves all Federal, State and Local jurisdictional tax filings and remittance mandated deadlines. Defined processing timeline schedules must be achieved. Company’s potential liability for penalty and interest assessments are significant if these timelines are not achieved.
  • Supports all customer service channel activities and contact to ensure regular updates are maintained as it relates to processes, changes and/or announcements to assist in maintaining up-to-date information available to both customers and staff.
  • Identifies the need for special adhoc queries to assist in completing appropriateness review of fluctuation deviations from standard processing flow or expected results.
  • Primary support for all activities in support of testing changes impacting tax remittance processing that are the result of system upgrades, enhancements or changes brought about from policy, processing changes, vendor or legal review.
  • Interact within the Payroll Support and Control teams to discuss change enhancements to existing system processes.
  • Acts as the first line of communication supporting high priority and escalated customer service matters, i.e., issues.
  • May assist team members on calls relating to issues difficult in nature and assist team members in returning calls who are experiencing high volumes.
  • Lead in coordinating internal and external audit compliance.
  • Works with Analyst and various team members to assist in training activities.
  • Seeks out continuous process efficiencies or improvements, solicits team for input and participation.
  • Understands the end-to-end functional processes as well as how the functional processes integrate with the overall end-to-end payroll processes.

 

General Skills

  • Perform training and provides assistance in developing process documentation.
  • Lead analyst staff to perform tax remittance payments balancing updates.
  • Provide support to Payroll systems team relating to project development testing efforts, develop and maintain test scenarios and scripts.
  • Ability to identify and communicate process improvements as identified in the normal performance of daily functional activities.
  • Cooperatively interact with peers in HR and Benefits to resolve employee questions/issues.
  • Serve as a mentor to the Analyst positions.

Qualifications

Skills Required

  • Good interpersonal skills, able to lead diverse team.
  • Good experience with PeopleSoft HRMS and Payroll processing responsibilities and system applications. Specifically in the area of Payroll tax and employee data maintenance.
  • Good experience with end-to-end payroll processing requirements.
  • Understanding of year end processing procedures and payroll rules.
  • Good working knowledge of Microsoft Office.
  • Very strong Customer Service skills desirable (both oral and written).
  • Finance Operations such as Payroll experience desirable.
  • Knowledgeable on Core HR and Payroll data elements.
  • Good organizational, time management and communication skills.
  • General understanding of required compliance with legal, regulatory, and financial requirements governing functional tasks and activities. 

Attributes Required

  • Possess knowledge of general payroll and payroll tax practices, policies and procedures
  • Flexible scheduling to meet processing demands, as required
  • Results oriented, strong sense of urgency, proactive
  • Good quantitative, organizational and analytical skills
  • Possesses very good communication skills (both oral and written)
  • Ability to communicate to Supervisor and Manager levels
  • Ability to manage multiple functions simultaneously
  • Team oriented individual who interacts and supports team members, team building
  • Ability to manage large work volumes, show flexibility, adapt easily to change

Candidate Qualifications:

  • Minimum of 2-3 years’ experience in HRMS/Payroll Processing/Timekeeping system applications
  • Education – Bachelor’s degree required, CPP or FPC
  • 2+ years Customer Service experience

Our business is fuelled by our passion for delivering unprecedented results for customers in over 52 countries. Throughout the world, we’re helping to create a better future – transforming how doctors battle cancer, rescue workers save lives, and people, businesses and communities interact with one another. If you have the drive, talent, energy and commitment to join over 180,000 like-minded people who are unlocking this positive potential of technology, we’ll support you every step of the way. Whether that’s through competitive compensation, award-winning training, or benefits so comprehensive we call them Total Rewards.

Start creating powerful answers today. 

Equal Employment Opportunity

We are an equal opportunity employer m/f/d/v.