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Sr Payroll Analyst

3 months ago

Bethesda, Maryland, United States HMSHost Full time
With a career at HMSHost, you really benefit We offer: Health, dental and vision insurance
Generous paid time off (vacation, flex or sick)
Holiday pay
401(k) retirement plan with company match
Company paid life insurance
Tuition reimbursement
Free parking and onsite fitness center
Wellbeing Support Program
Training and exciting career growth opportunities
Referral program – refer a friend and earn a bonus
Purpose The Senior Payroll Analyst ensures the company's payroll process is accurate and timely; this position is also responsible for compliance with all relevant laws and regulations, maintaining payroll records, and processing paychecks.Essential Functions Examines each payroll run for accuracy, efficiency, and compliance; prepares summary report to the Director of Payroll on any apparent improvement opportunities
Analyzes the payroll process and its efficiency over time, identifies areas of opportunity, and presents improvement plans; if improvement plans are considered viable, may be tasked with their implementation
Prepares reports highlighting performance against targets and any identified issues, as well as trending payroll performance over time to encourage continuous improvement, including suggestions for long-term enhancements to the process
Ensures compliance with all legal and regulatory requirements, including tax laws, wage and hour laws and other payroll-related regulations
Verifies that work records have been captured correctly and completely; checks that all the performed work is a true reflection of the entered work records
Validates bonuses, overtime, expense claims, or other ad hoc remuneration
Verifies wage and salary data for errors/inconsistencies and highlights any issues
Inspects mistakes and anomalies to determine whether they are systemic or resulting from faulty data input; flags systemic failures and liaises with the Director of Payroll to rectify them
Performs regular spot checks to ensure deductions are accurate for each payroll run
Audits the deductions process to determine and rectify the root cause of errors
Overseeing the distribution of paychecks and direct deposits
Ensures payroll information updates such as promotions, salary band revisions, or annual salary increases, are entered into the HRMS by payroll staff; checks for accuracy
Reporting Relationship The Senior Payroll Analyst reports directly to the Director of PayrollMinimum Qualifications, Knowledge, Skills, and Work Environment Education and Experience: The combination of education and professional experience must exceed 3 years:
In a technical role: Requires 3-5 years of payroll experience

A bachelor's degree in a program related to the functional area can count for 2 of the 3-year requirement.
An MBA or a master's level degree in a program related to the functional area can count for an additional 1 years of 3-year requirement
In the industry: 3-5 years of Hospitality, F&B and/or Retail experience

Specialized Training:
Advanced knowledge of Excel
Knowledge of state, local, and federal tax regulations, as well as wage and hour regulations and laws
Knowledge of Canadian federal and provincial laws and regulations

Specialized Skillset/Competencies/Traits
Requires PeopleSoft payroll experience; experience with Success Factors & ADP preferred
Analytical mindset and keen eye for detail
Business acumen and also has the mindset required to understand the long-term implications of payroll planning and to advance the organizations goals
Demonstrated history of understanding the needs of the business, stakeholders, the employee population and individual circumstances

Demonstrated history of creating and maintaining positive work environments to achieve common goals
Location: This position is based at the F&B Center of Excellence in Bethesda, MD
Disclaimer All job requirements are subject to change to reflect the evolving position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. This job description in no way states or implies that these are the only duties to which will be required in this position. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State Laws). Continued employment remains on an "at-will" basis. Dufry, Hudson, and HMSHost are equal opportunity employers and do not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors. Source: Hospitality Online