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Senior Payroll Analyst
3 months ago
The Senior Payroll Analyst provides support to the Payroll Supervisor, Senior Payroll Manager and is primary back up for the Senior Payroll Specialist and the Payroll Tax Compliance Specialist roles. This role will be based at our El Segundo, CA office and work a hybrid schedule.
Responsibilities
- Generate and analyze payroll reports to provide insights into payroll expenses and other trends and anomalies.
- Prepare, analyze, and distribute regular and ad hoc payroll reports to relevant stakeholders
- Research, analyze and resolve payroll related inquiries, problems, and general questions.
- Assist in the collection of and/or audit the collection and balancing of time data from Dimensions timekeeping, for multiple companies, following set desk procedures.
- Adhere to routine procedures related to processing biweekly, monthly, bonus, and quarter/year-end (OOS/Adjustment) payrolls.
- Compute wages and overtime payments, calculating and recording payroll deductions, and processing manual pay requests
- Drive the audit of all financial, tax, and payroll reports for both internal and external purposes.
- Drive the development of new desk procedures, utilizing knowledge of internal systems as well as local, state, and federal policies and regulations, to help strengthen departmental controls.
- Perform regular internal data integrity audits for various payroll areas and prepare materials for external or internal auditors.
- Build and maintain strong partnerships with all business partners.
- Produce and implement best practices and cost reduction initiatives related to payroll processing, creatively and innovatively.
- Run/review/audit payroll data to ensure adherence to internal controls.
- Reconcile quarterly and annual ADP tax filings and ensure accurate W-2 reporting (using every payroll register recap/balancing).
- Year-end tasks, including W-2c and amending of tax return(s).
- Ensure timely processing of all garnishments and maintain compliance with all state and regulatory requirements.
- Initiate continuous review/research/troubleshooting of all system related issues, working with IT as appropriate.
- Process manual pays/checks following set procedures and ensure compliance.
- Administer and participate in cross-training.
- Perform other duties and participate or drive special projects, as needed.
Requirements
- Minimum 7 years of payroll experience.
- Minimum 2 years of analyst experience.
- CPP designation strongly preferred.
- Experience processing payroll for minimum 2500 multi-state employees, including commissions
- Solid understanding of the federal Fair Labor Standards Act and regular rate of pay.
- Advanced knowledge of payroll and general accounting practices
- Experience working with all 50-states, Puerto Rico a plus.
- Ability to interpret, explain and comply with prescribed laws, rules, regulations, and procedures.
- Proficient knowledge of Excel and all MS Office products.
- Experience working with business intelligence software, Tableau or Power BI a plus.
- Technical knowledge of ADP payroll database systems (ADP Workforce Now preferred), including SAP, and Dimensions applications.
- Ability to analyze complex data sources (sets) and identify trends and anomalies.
- Ability to deliver findings and insights effectively through reports, dashboards, and professional presentations.
- Stay atop of the latest tools, technologies, and methodologies in data analysis and continuously improve analytical processes to enhance efficiency and effectiveness.
- Proven ability to work under tight deadlines and manage workflow to ensure all payroll transactions are accurate and timely.
- Extremely strong time management and organization skills.
- Ability to work independently and also thrive in a team environment.
- Must possess sound decision-making skills.
- Maintain the highest ethical standards, including discretion, professionalism, and confidentiality.
- Excellent verbal and written communication skills to facilitate clear and concise communication.
LI-CW1
Your Benefits
- Medical / Dental / Vision including a state-of-the-art wellness program and pet insurance, too*
- 3 weeks vacation, 11 holidays plus paid sick time*
- Up to 8 weeks of 100% paid company parental leave**
- 401(k) retirement savings plan providing a match of 60% of the employee's first 6% contribution (up to IRS limits)
- Section 125 Flexible Spending Accounts
- Life, STD, LTD & LTC Insurance
- We prepay your tuition up to $5,250 per year - Tuition pre-imbursement
- Fitness reimbursement of up to $200 annually
- Employee referral program of up to $2,000 per hire
- And much more
*Field sales, internships, and part-time employees are not eligible except where required by state law.
Non-employees, including temporary workers and consultants, are not eligible to participate in the KARL STORZ benefits program.
**To include, maternal/paternal leave, adoption, and fostering of a child.
KARL STORZ reserves the right to change or modify the employee's job description whether orally or in writing, at any time during the employment relationship. Additionally, KARL STORZ, through its supervisors, may require an employee to perform duties outside their normal description within the sole discretion of the supervisor. Employees must comply will all applicable KARL STORZ policies and procedures.
Credentialing requirements at KARL STORZ
KARL STORZ is committed to maintaining a safe work environment for our employees and customers. Most field-based roles at KARL STORZ require hospital credentialing/health screens as a condition of employment. Credentialing can include required vaccinations, health screens & other requirements as outlined by our customers. During the interview process, we encourage you to ask how credentialing/health screens may impact the role you are seeking and if you require any reasonable accommodations regarding these requirements.
Pay Transparency
The pay range and/or hourly pay rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job posting and may be modified in the future. When determining a specific team member's base salary and/or hourly pay rate, several factors will be considered including such things as location, specialty, service line, years of relevant experience, education, professional credentials, internal equity, and the amount budgeted for the role.
Equal Employment Opportunity & Reasonable Accommodation Statement
KARL STORZ is committed to creating an inclusive space where employees are valued for their skills and unique experiences. To achieve this goal, we are committed to diverse voices, and all applicants will receive consideration without regard to race, color, sex, national origin, disability, veteran status, or any other protected characteristic. KARL STORZ is also committed to providing reasonable accommodations during our recruitment process. Should you need assistance or accommodation please email us at taoperations@karlstorz.com.
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