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Payroll Tax Coordinator
2 months ago
Title: Payroll Tax Coordinator
Location: Conshohocken PA USA 19428/ Temp to Perm opportunity Hybrid
Duration: 3 Months
Job Description:
The Payroll Tax Specialist is responsible for managing and overseeing various payroll tax functions to ensure compliance and accuracy in tax filings and account reconciliations. This role involves completing new account registrations, handling escalated tax issues, and performing periodic and year-end reconciliations. The specialist will communicate with taxing authorities, coordinate with internal and external partners, and assist with updating tax accounts during mergers, consolidations, and divestitures. The position requires a strong understanding of payroll tax laws, payroll processing software (preferably ADP Enterprise), and general ledger accounting. Additionally, the specialist must have excellent organizational, communication, and interpersonal skills to handle sensitive and confidential information effectively. A bachelors degree or equivalent experience, along with a minimum of two years of relevant experience, is required for this role.
Responsibilities:
- Completes and remits new account registration forms to taxing jurisdictions.
- Prepares and reconciles payroll monthly tax impound journal entry.
- Handles escalated tax tracers and communicate with taxing authorities to resolve account issues.
- Perform all year end reconciliations to ensure Wage Statements and tax filings are accurate.
- Assists with the reconciliation of payroll general ledger accounts on a monthly basis.
Follows up on newly applied for state accounts and updates Third Party vendors of new account information SUI rates, etc. - Perform periodic and quarterly tax reconciliations to ensure tax filings are correct.
- Audits Tax accounts for activity and coordinates with Payroll Tax Coordinator to close any inactive accounts.
- Coordinate with Corporate Tax Department when opening new local and state tax accounts.
- Communicates with partners and external parties regarding tax or payroll issues.
- Assists in updating tax accounts related to mergers, consolidations, and divestitures.
- Performs hypo tax and stock reclasses as needed.
- Assists in filing tax returns and amendments that cannot be filed by third party vendor.
- Participate in Year End Activity as needed.
- Performs related duties and projects as assigned.
Experience:
- Requires broad training in fields such as business administration, accountancy, sales, marketing, computer sciences or similar vocations generally obtained through completion of a four year bachelors degree program or equivalent combination of experience and education. Normally requires a minimum of two (2) years directly related and progressively responsible experience..
Skills:
- Good understanding of payroll tax and payroll processing software programs, preferably
- ADP Enterprise
- Working knowledge of general ledger accounting
- Ability to communicate effectively both orally and in writing
- Strong interpersonal skills
- Adept at handling sensitive and confidential situations
- Strong organizational skills; attention to detail
- Ability to implement processes resulting in satisfactory audit practices
- Knowledge of Microsoft Word, Excel and PowerPoint
Education:
- Bachelors