Payroll Specialist (Wilmington)
Net2Source (N2S), Wilmington, DE, United States
Job Title: Payroll Specialist
Duration: 03 + Months (with possible extension)
Location: Wilmington, DE 19805
4 days in office, one day remote
JOB RESPONSIBILITIES
Manage Payroll tax reconciliation reporting and approvals of the payroll runs including review and approval of funding for payroll tax remittances.
Manage new POA forms and tax authority set up – proactively run control reports to identify new work locations that require set up in SAP and ADP Globalview and with the agency.
Reconcile local tax set up to ensure employees are set up with the correct local tax jurisdiction code.
Work internally using Payroll Systems to balance, reconcile and approve 941, 940, W2, W2c, 499W2 and 499W2c and amended returns as well as resolve any discrepancies.
Prepare a weekly cash flow report to complete funding to Treasury/Accounts Payroll for payroll and tax funding.
Actively identify and determine disposition of employee related retroactive taxes not taken (N records) to ensure the employer and where applicable employee adjustments are made following the HR Service Center and ADP process.
Provide Payroll Tax expertise to HR Service Center and Payroll vendors to identify and ensure new legislation is implemented into systems in a timely and accurate manner.
Support mergers, acquisition and divestiture tax work as required.
Assist with monitoring the Wage Type listing, ensuring all new and existing wage types are set up correctly for income and tax reporting purposes.
Manage the payroll tax quarterly process, including updates, corrections, and approval of quarterly tax forms for the US and Puerto Rico.
Provide support for and manage any payroll tax audits for the US and Puerto Rico. Provide reporting requirements, testing, and support per auditor requests.
Remediate outstanding audit comments, providing proof of proper tax handling.
Provide Payroll Tax communications for employees at year-end (to communicate federal tax changes, both income withholding and FICA.
Manage tax issues and calculations involving expatriates, employee relocation tax processes or those not handled by vendor or systems.
Manage the payroll year-end tax process and conduct user acceptance testing on new tax changes in the systems.
Stays abreast of and communicates effectively regarding federal and multi-state regulatory requirements, emerging industry trends and company policies
Collaborates with the Payroll Leader and Team Lead on payroll audits, validations, and new state/federal payroll laws
EDUCATION
Bachelor's degree in Human Resources, Business Administration, or other related field
CPA and/or advanced degree strongly preferred
EXPERIENCE:
Minimum 3-5 years of payroll administration experience preferred
Minimum 3-5 years financial reporting and/or payroll tax experience preferred
Strong knowledge of financial reporting requirements and SEC experience preferred
Duration: 03 + Months (with possible extension)
Location: Wilmington, DE 19805
4 days in office, one day remote
JOB RESPONSIBILITIES
Manage Payroll tax reconciliation reporting and approvals of the payroll runs including review and approval of funding for payroll tax remittances.
Manage new POA forms and tax authority set up – proactively run control reports to identify new work locations that require set up in SAP and ADP Globalview and with the agency.
Reconcile local tax set up to ensure employees are set up with the correct local tax jurisdiction code.
Work internally using Payroll Systems to balance, reconcile and approve 941, 940, W2, W2c, 499W2 and 499W2c and amended returns as well as resolve any discrepancies.
Prepare a weekly cash flow report to complete funding to Treasury/Accounts Payroll for payroll and tax funding.
Actively identify and determine disposition of employee related retroactive taxes not taken (N records) to ensure the employer and where applicable employee adjustments are made following the HR Service Center and ADP process.
Provide Payroll Tax expertise to HR Service Center and Payroll vendors to identify and ensure new legislation is implemented into systems in a timely and accurate manner.
Support mergers, acquisition and divestiture tax work as required.
Assist with monitoring the Wage Type listing, ensuring all new and existing wage types are set up correctly for income and tax reporting purposes.
Manage the payroll tax quarterly process, including updates, corrections, and approval of quarterly tax forms for the US and Puerto Rico.
Provide support for and manage any payroll tax audits for the US and Puerto Rico. Provide reporting requirements, testing, and support per auditor requests.
Remediate outstanding audit comments, providing proof of proper tax handling.
Provide Payroll Tax communications for employees at year-end (to communicate federal tax changes, both income withholding and FICA.
Manage tax issues and calculations involving expatriates, employee relocation tax processes or those not handled by vendor or systems.
Manage the payroll year-end tax process and conduct user acceptance testing on new tax changes in the systems.
Stays abreast of and communicates effectively regarding federal and multi-state regulatory requirements, emerging industry trends and company policies
Collaborates with the Payroll Leader and Team Lead on payroll audits, validations, and new state/federal payroll laws
EDUCATION
Bachelor's degree in Human Resources, Business Administration, or other related field
CPA and/or advanced degree strongly preferred
EXPERIENCE:
Minimum 3-5 years of payroll administration experience preferred
Minimum 3-5 years financial reporting and/or payroll tax experience preferred
Strong knowledge of financial reporting requirements and SEC experience preferred