The Senior Payroll and Equity analyst provides expertise on multi-country payroll regulations, including US Federal, State wage/hour regulations (FLSA) and provides end-end support for the Global Equity Administration processes.
The Senior Payroll & Equity Analyst is responsible for the processing of payroll on a semi-monthly basis, researching and identifying issues, answering routine questions and knowledge of payroll laws and regulations, required. The Senior Payroll Analyst must possess a functional knowledge of payroll processes, utilize problem-solving skills and may occasionally identify potential issues for further investigation.
MINIMUM REQUIREMENTS -
- 8 + years of recent, steady payroll processing experience in a professional, corporate environment of 1800+ employees both exempt and non-exempt.
- Must have excellent analytical skills.
- High level of accuracy and attention to detail.
- Knowledge of equity processing of RSUS and PSUs
- The ability to work effectively under pressure, independently or within a team environment.
- The integrity to handle highly confidential and sensitive information with complete discretion.
- Excellent communication, presentation, and interpersonal skills
- Experience with Multi-State withholdings
Equity-- Provide support in managing the global Manhattan equity program including processing of stock proceeds through payroll, integrating data changes into the stock management system, and setting up needed tax and profile information for all equity eligible employees
- Prepare and process equity transactions such as new equity awards, vestings, releases and monthly and quarterly stock reports
- Assist with annual grant process and annual global vesting of RSUs and PSUs
- Provide Compliance and ad-hoc report, employee informational training and collaborating with other departments within the organization, including Legal, HR, Payroll Accounting and Tax.
- The integrity to handle highly confidential and sensitive information with complete discretion
- High level of accuracy and attention to detail
Principal Duties and Responsibilities -
- Provide accurate and timely payroll data to other departments as and when required
- Analyzes and resolves payroll related questions by collecting and analyzing information
- Coordinate the semi-monthly payroll using ADP's Vantage or ADP Payforce solution.
- Coordinate the on cycle/off cycle process and daily review of outstanding errors.
- Conducts audits of semi-monthly registers to confirm the accuracy of the data.
- Conduct quarterly audits of the employee taxable wages.
- Address inquiries and concerns related to payroll issues.
- Research and complete requests for confidential information by outside agencies.
- Process garnishments, wage assessments, child support orders, spousal support orders, and tax levies.
- Process overtime for hourly employees.
- Demonstrated knowledge of Microsoft Word and Excel experience.
- Performs other related duties and special projects as required and assigned.
- Participates in training to enhance skills necessary to be a valuable team member.
- Assists with administrative tasks.
- Creates ad hoc reports regarding payroll information as needed
- Remittances for third party deductions withholding tax and employer payroll tax as required by our business processes federal, state, and local taxing authorities
- Stays current on Federal, state and local laws influencing payroll matters
- Review and resolve payroll discrepancies and/or employee questions timely and accurately
ADDITIONAL CHARACTERISTICS -
- ADP Vantage experience preferred
- Knowledge of Canada payroll processing is a plus
- Good working knowledge of HRIS systems, preferable Workday.
- Understands fundamental concepts and theories.
- Strong understanding of HR processes and data analytical and problem-solving skills
Scope of Impact/Degree of Independence -
- Contributions are usually limited to task-related activities.
- Errors in judgment or failure to achieve results may cause delays or errors in employees pay and may require some expenditure of resources to rectify.
Problem Complexity/Decision Making Authority - - Performs basic tasks and functions for professional field of work according to established procedures and/or protocols.
- Identifies and resolves readily identifiable, clearly defined problems; Escalates more complex problems to appropriate Senior Director of Payroll.
- Plans work within specified deadlines and according to priorities
Client Relationship Skills - - Must be able to effectively communicate with internal and external customers.
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