Exelon Corporation

Payroll Tax Manager

Exelon Corporation$91K — $125K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or Accounting
  • 7-10 years of relevant experience or 9-12 years without a degree
  • Strong communication, organizational, analytical, and technical skills
  • Proficient in Microsoft Excel
  • Previous supervisory experience

Responsibilities

  • Manage daily operations and internal controls of the Payroll Tax function
  • Ensure timely and accurate Payroll Tax funding and remittance
  • Oversee annual W-2 processing and tax returns
  • Handle Special Tax Processing for equity, bonuses, and relocations
  • Resolve technical issues regarding payroll tax processes
  • Analyze Payroll Tax data for management and internal clients
  • Assist in project initiatives related to payroll improvements

Benefits

  • 401(k) match and annual company contribution
  • Medical, dental, and vision insurance
  • Generous paid time off options including parental leave
  • Employee Assistance Program for mental and emotional support
  • Wellbeing programs, including tuition reimbursement and fitness reimbursement
Full Job Description
Primary Purpose

Ensure that all employee taxes are properly withheld, deposited and reported on a timely basis to the required federal, state and local taxing agencies. Function as a primary contact providing process, systems and technical expertise to internal clients and external partners as it relates to the Payroll Tax function. Provide leadership, training and expertise to team members regarding payroll taxation rules and processes.

**Multiple locations posting. Selected candidate can reside in IL, DC, MD, or PA Exelon Corporate locations**

Primary Duties

  • Responsible for the daily management, operations and internal controls of the Payroll Tax function (20%)
  • Provide oversight to ensure timely and accurate Payroll Tax funding and remittance on a per pay period, quarter and annual basis. (20%)
  • Responsible for annual W-2 Processing and related Corrected W-2 forms, amending tax returns and follow-up to ensure taxes are paid and/or refunds are received, including Tax Notice resolution. (15%)
  • Responsible for the Special Tax Processing tasks as it relates to the annual Equity and Bonus cycles as well as Relocation Expense processing. (15%)
  • Provide tax processing and system expertise to resolve technical issues, develop and improve payroll tax products and services. Support ongoing Oracle and Vertex system maintenance. (10%)
  • Provide accurate Payroll Tax analysis to Management and internal clients as requested. Coordinate relationships with external vendors. (10%)
  • Assist in project initiatives to ensure timely implementation in areas such as acquisitions and process improvement initiatives. (5%)
  • Provide backup for Manager, Payroll Processing as needed (5%)

Job Scope

  • Responsible for the daily management, operations and internal controls of the Payroll Tax function.
  • Responsible for annual W-2 processing tasks and Special Tax Processing as it relates to the annual equity and bonus cycles and relocation expense processing.
  • Build and maintain relationships with Key Managers in Payroll, HR Technology, Benefits, Corporate Tax and HR.
  • Responsible for managing 3-4 Off-Shore resources.
  • Reports to Senior Manager, Payroll Tax.

Minimum Qualifications

  • Bachelor Degree in Finance or Accounting
  • 7 to 10 years of relevant experience. In lieu of degree 9-12 years of relevant experience
  • Strong communication, organizational, analytical and technical skills.
  • Proficient in Microsoft Excel
  • Previous supervisory experience.

Preferred Qualifications

  • Excellent analytical skills
  • Works well independently

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $91,200.00/Yr. - $125,400.00/Yr.
  • Annual Bonus for eligible positions: 20%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

About Exelon Corporation

Exelon Corporation is an American energy producer, trader, and distributor. The company provides services for energy generation businesses in the United States. The company owns, contracts, and invests in electric generating facilities such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. It is also involved in the wholesale and retail customer supply of electric and natural gas products and services including renewable energy products, risk management services, natural gas exploration, and production activities. In addition, the company is engaged in the purchase and regulated retail sale of electricity and the provision of distribution and transmission services in northern Illinois, southeastern Pennsylvania, and central Maryland. It is also involved in the purchase and regulated retail sale of natural gases and the provision of distribution services in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland including the City of Baltimore. Exelon Corporation operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, other regions, ComEd, PECO, and BGE. It sells electricity, natural gases, and other related products and solutions to various customers including distribution utilities, municipalities, and cooperatives, as well as to commercial, industrial, governmental, and residential customers. Founded in 1887, Exelon Corporation is headquartered in Chicago, Illinois.

Exelon Corporation Careers

Join the dynamic team at Exelon Corporation, a leader in the energy industry, where innovation, leadership, and professional growth are at the forefront of our operations. As one of the largest electric utility companies in the United States, Exelon offers unparalleled job opportunities and a commitment to diversity and sustainability that sets us apart.

Work You’ll Do

At Exelon, we empower our employees to excel in their careers by fostering an environment of continuous innovation and growth. Our diverse team of professionals is dedicated to shaping the future of energy with cutting-edge technologies and sustainable practices.

Explore Career Paths

Whether you're a seasoned professional or a recent graduate, Exelon has a variety of career paths to suit your skills and ambitions. From engineering to customer service, each position offers the chance to make a significant impact.

Internship Programs

Kickstart your career with an Exelon internship. Our programs provide invaluable industry experience and a chance to network with leaders in the field. Interns at Exelon are crucial team members, working on projects that advance both their careers and our company’s goals.

Professional Development

Invest in your future with Exelon’s robust professional development programs. We offer leadership training, skills enhancement workshops, and continuous learning opportunities that promote career advancement and personal growth.

Benefits and Culture

Exelon is committed to providing a supportive work environment with benefits that enhance the lives of our employees and their families. Our culture is built on respect, integrity, and inclusion, where every team member’s contribution is valued.

Join Our Team

Discover the opportunities that await at Exelon Corporation. We are actively hiring and looking for talented individuals who are passionate about building a sustainable future.

Search Exelon Jobs

Find open positions that match your skills and interests. We seek curious, innovative, and solution-driven team players.

Prepare for Your Interview

Stand out in your interview with Exelon by tailoring your resume to highlight relevant experience and skills. Our hiring process is designed to identify and attract professionals who are ready to lead and inspire.

Stay Connected

Keep up to date with the latest at Exelon Corporation by following our careers blog. Gain insider perspectives and industry-leading insights that you can apply to your professional life.

Networking and Career Growth

At Exelon, your career development is enhanced by our commitment to networking and mentorship. Connect with colleagues and leaders who can help guide your career path and open doors to new opportunities.

Diversity and Inclusion

We pride ourselves on fostering an inclusive workplace where diverse perspectives are celebrated. Exelon’s commitment to diversity training ensures that all employees have the opportunity to thrive. Join Exelon Corporation today and be part of a team that is dedicated to innovation, leadership, and the future of energy. Explore job opportunities and embark on a rewarding career path that offers growth, stability, and a chance to make a difference.
Learn more about Exelon Corporation
Size
31,518 employees
Market Cap
$42.3 billion
Industry
Net Income
$1.9 billion
Founded
2000
5 Year Trend
+3%
Revenue
$33 billion
NASDAQ

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