Full-Time Payroll Tax and Audit Analyst – Batuan
The Payroll Analyst is responsible for a number of tasks related to payroll administration, payroll auditing, and the implementation of best practice payroll systems. Compile, evaluate, and record payroll and associated problems to discover systemic issues or mistakes to troubleshoot. Payroll questions from internal and external clients are researched and responded to. Assist with internal audits of different payroll areas, as well as prepare documentation for external and internal auditors. Reconcile all tax and unemployment responsibility accounts to the general ledger, examine discrepancies, and recommend remedial action. Responsible for quarterly and year-end payroll tax reporting, as well as researching and resolving payroll/tax reporting problems. Works with little supervision and has broad flexibility for individual judgment. Provides training and assistance to department workers as well as being the primary point of contact for payroll escalations.
Job Title : Payroll Tax and Audit Analyst
Location : Batuan, Bohol Province, Philippines
Salary : $ 31.77 per hour.
Company : Teachers College Columbia University
Job Type : Full-Time
- Manage a range of complicated and confidential accounting and bookkeeping records relating salary payments and deductions; perform a number of technical and confidential activities linked to the processing and administration of employee payroll.
- Work directly with HR workers on monthly payroll operations, such as contract pay, BenefitFocus processing, lump sum termination payments, employee termination eforms, additional pay eforms, and overpayment/underpayment analysis and resolution.
- Prepare and print paychecks for all District employees, including deductions for taxes, social security, unemployment insurance, and retirement. Update the employee records for the whole district for taxes, benefits, organization dues, credit unions, and other authorized deductions. Charges and other changes need to be calculated and handled.
- Research and answer customer demands, including state and federal authorities. Prepare ADHOC reports with correct information. Run month-end, quarterly, and year-end closing payroll reports; before distributing to internal/external customers (not including EDD, IRS, suppliers, auditors, CSMC management, etc.), assess transactions, resolve inconsistencies, and make relevant observations and/or suggestions as appropriate.
- Responsible for initiating, monitoring, processing, and auditing the organization’s biweekly payroll runs. Before going on to the next phase in the processing, set up each task, audit the outcomes, and examine mistakes to decide remedial action and balance.
- Conduct regular audits of employee absence records to ensure that all pertinent information is accurate and in line with company policy and practice. Follow through with improvements if they’re required to guarantee data conformity in reporting and systems.
- Compute and prepare salary and benefit cost forecasts for budget preparation and collective bargaining commitments; keep correct balances of payroll expenses for budget reconciliation; maintain a thorough control sheet for each payroll cycle.
- Interact with business users to acquire and clarify business needs, and convert requirements into system functionality using best practices and offering suggestions to guarantee optimum system operation.
- In addition to interacting with customers, resolving issues, and inconsistencies, and providing technical expertise, you must also be able to communicate effectively.
- When workers are relocated, promoted, demoted, or become full-time or part-time, their status changes are noted to see whether compensation plan modifications are required.
- At least two to four years of relevant experience in an analytical capacity employing Workday, preferably in one of the following modules: Human capital management (HCM), payroll, benefits, compensation, recruitment, and education all fall under this umbrella term.
- Most of the criteria stated below may be met with a Bachelor’s degree in accounting or business.
- The knowledge of time-reporting systems and processes is highly desired. Having worked under a union contract is a distinct advantage; nonetheless, it is not a must. Excellent interpersonal and customer service skills, as well as the ability to communicate both vocally and in writing are essential.
- Level 2 demands a minimum of three and a half years of relevant analytical and reporting expertise, whereas Level 3 requires a minimum of five and a half years of such experience, including garnishment processing.
- In the course of processing payroll, time is recorded and final tax payments are made. Experience with SAP’s auto-payment system is required for this role.