Payroll Specialist

4 weeks ago

Deerfield Beach, Florida, United States Fortune Brands Full time

Job Title: Payroll Specialist

**Job Summary:**

We are seeking a meticulous and detail-oriented Payroll Specialist to join our payroll team. This role will be responsible for supporting the processing of payrolls, general ledger postings, and reconciliation of payroll payments.

**Key Responsibilities:**

* Reconcile and process multiple general ledger files by division accounting for all differences, including support of questions regarding the entries, correcting errors within the payroll systems and providing adjustments as needed.
* Reconcile and resolve payroll tax submissions through ADP Smart Compliance
* Reconcile and process weekly integrations with funding to third parties accounting for all differences for net pay, taxes, garnishments, etc.
* Process payments for highly compensated employees including Stock, Non-Qualified, and other Perquisites/Programs with an understanding of state and federal tax implications to ensure compliance.
* Collaborate with multiple Finance teams to gather requirements for payroll account postings to multiple general ledgers.
* Conduct financial analysis of payroll-related expenses, including labor costs, benefits, taxes, and other payroll-related liabilities, to identify trends, variances, and opportunities for improvement.
* Identify opportunities for process improvement to enhance payroll efficiency, accuracy, and compliance.
* Serve on cross-departmental teams and provide payroll accounting support for project teams including acquisitions.
* Support new procedures/projects and improvements due to business changes, operational requirements, strategic initiatives, and legal requirements.

**Requirements:**

* 5+ years of experience in processing payroll and supporting payroll accounting
* Deep understanding of payroll processes, payroll tax, regulations, and compliance requirements
* Experience using Microsoft Office Suite (Word, Excel, and PowerPoint)
* Strong analytical and problem-solving skills, with the ability to reconcile accounts and resolve discrepancies
* Strong attention to detail and discretion
* Excellent time management and organizational skills

**Nice to Have:**

* Bachelor's degree in Accounting, Finance, Business Administration, or similar or equivalent experience
* Experience using ADP SmartCompliance system
* Understanding of Workday report building from payroll results
* Ability to partner with others and collaborate across the organization.
* Proven ability to multitask and manage multiple competing priorities.
* Ability to thrive in a fast-paced, collaborative, dynamic, and results-driven environment.

**About Us:**

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates' unique needs.

**Equal Employment Opportunity:**

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

**Reasonable Accommodations:**

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [insert email address].

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