LANXESS

Sr. Payroll Specialist

LANXESS$74K — $99K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Associate's or Bachelor's degree in Business, Finance, Accounting, Human Resources, or related field preferred; equivalent payroll experience may be considered.
  • 5-10 years advanced payroll experience in large, multi-state, multi-entity, union, or North America payroll environment required.
  • Strong knowledge of payroll accounting, payroll liabilities, gross-to-net reconciliation, and general ledger support needed.
  • Experience with year-end payroll processing and statutory reporting for U.S. and/or Canada required.
  • Ability to troubleshoot complex payroll, tax, accounting, or system issues and recommend process improvements.
  • Familiarity with union payroll accounting and related reconciliations preferred.
  • CPP, FPC, PCP, or equivalent payroll certification preferred; advanced certification strongly preferred.

Responsibilities

  • Own payroll accounting and reconciliation activities, including payroll liability reconciliations and month-end close support.
  • Manage Vanguard/401k and retirement plan payroll activities, ensuring processing and issue resolution.
  • Support payroll tax and compliance activities for U.S. and Canadian operations, including tax code setups and payroll tax configurations.
  • Coordinate year-end, quarter-end reporting, and audit activities to meet deadlines.
  • Provide backup payroll processing support as needed, maintaining knowledge of payroll procedures and audits.
  • Support systems, controls, and process improvements for payroll functions, identifying control gaps and maintaining documentation.

Benefits

  • Comprehensive benefits package including health insurance.
  • 401k retirement plan with employer contributions.
  • Opportunity for professional development and certifications.
  • Flexible working hours to support work-life balance.
  • Supportive team environment with cross-training opportunities.
Full Job Description
Job Highlights

  • Serve as primary owner for payroll accounting and reconciliation activities, including payroll liability reconciliations, union dues, initiation fees, union arrears, gross-to-net review, journal entry support, general ledger file review, payroll funding support, cash activity review, check request/wire transfer support, month-end/quarter-end/year-end close support, and investigation/resolution of reconciliation differences.
  • Serve as primary owner for Vanguard/401k and retirement plan payroll activity, including processing, funding, reconciliation, issue resolution, employee deductions, employer contributions, loan repayments, corrections, limits, reporting, vendor coordination, Benefits/Finance coordination, annual retirement plan support, audit requests, and process documentation.
  • Support payroll tax and statutory compliance activities for U.S. and/or Canada payroll operations, including tax code setup, tax IDs, SUI/SDI rates, provincial/local requirements, payroll tax configurations, quarter-end and year-end payroll tax review, W-2, W-2PR, 1099, 941, 940, state unemployment, T4 preparation/review, taxable benefit review, statutory deduction review, and related reporting/reconciliation as assigned.
  • Support and/or coordinate assigned year-end, quarter-end, annual reporting, and audit activities. Review and validate employee tax form data, QTD analysis, Q4/year-end packages, vendor reports, audit requests, documentation, and correction processes. Help ensure U.S. and/or Canada year-end deadlines are met.
  • Maintain payroll processing knowledge and provide backup payroll processing support as needed. Remain cross-trained on payroll procedures, pay groups, payroll calendars, payroll audits, exception resolution, off-cycle processing, and corrections. Support payroll processing during absences, leaves, turnover, peak periods, urgent deadlines, or business continuity events, and as needed.
  • Support systems, controls, documentation, cross-training, and process improvement. Validate data interfaces, troubleshoot system issues, identify control gaps, recommend improvements, maintain documentation/checklists, cross-train payroll team members, and serve as a technical resource for payroll accounting, Vanguard/401k, tax, year-end, audit, compliance, U.S. payroll, and/or Canada payroll processes


Experience / Skills

  • Associate's or Bachelor's degree in Business, Finance, Accounting, Human Resources, or related field preferred; equivalent payroll experience may be considered. CPP, FPC, PCP, or equivalent payroll certification preferred; advanced certification strongly preferred for technical scope.
  • 5-10 years of advanced payroll experience required, preferably in a large, multi-state, multi-entity, union, and/or North America payroll environment.
  • Experience with payroll accounting, payroll tax, retirement plan/401k reconciliation, year-end processing, audit support, and payroll reporting strongly preferred.
  • Strong knowledge of payroll accounting, payroll liabilities, gross-to-net reconciliation, journal entries, and general ledger support. Ability to provide backup payroll processing support when needed.
  • Experience with U.S. and/or Canada year-end payroll processing and statutory reporting, including W-2, 941, 940, state unemployment, T4, and related reconciliations as applicable.
  • Ability to troubleshoot complex payroll, tax, accounting, system, or vendor issues and to identify control gaps and recommend process improvements.
  • Experience with union payroll accounting, collective bargaining agreement requirements, union deductions, union arrears, retroactive adjustments, and related payroll liability reconciliations preferred.


Location Shelton
Employee Type Regular

About LANXESS

LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019 and about 14,300 employees in 33 countries. The company is currently represented at 60+ production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics.
Learn more about LANXESS
Size
14,886 employees
Industry
NASDAQ

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