Senior Payroll Accountant

3 days ago

Minnetonka, MN, United States Old Republic Full time
Job Description:

We are seeking a highly motivated, organized, detail-oriented Senior Payroll Accountant who can manage the accounting processes related to payroll and benefits. Responsibilities include processing journal entries, completing month end close, audit support, executing internal controls and completing timely account reconciliations. This role ensures the accuracy of payroll processing, maintains general ledger integrity, and is involved with implementing and optimizing payroll and timekeeping systems.

**This is a hybrid position and requires in-office attendance a minimum of 2 days/week in our Minnetonka, MN office.**

Essential Duties and Responsibilities:
  • Coordinate the month end close process including recording journal entries and maintaining a detailed journal entry checklist, communicating with business partners, and proactively troubleshooting issues as they arise throughout the close. Prepare and process payroll transactions into general ledger.
  • Own and facilitate the Payroll to GL mapping process including designing new mappings and maintaining existing models. Pursue knowledge of payroll application including earnings, taxes deductions (codes), GL business rules and independently ensure proper GAAP accounting.
  • Develop proficiency in Payroll system reporting as means to troubleshoot payroll accounting issues and obtain account reconciliation support.
  • Transition payroll compensation accruals from SVP if/when management approves transition of confidential data.
  • Partner with HR and Payroll team to initiate process improvement, where possible.
  • Perform account reconciliations for related balance sheet accounts including wages, taxes, benefits, and deductions, providing robust support for all account balances. This would also entail providing detailed variance explanations of specific accounts; researching reconciling items and partnering with business to identify process improvements, as needed.
  • Investigates and resolves discrepancies between payroll records, bank accounts, and the general ledger. More specifically, collaborate with the Bank Reconciliation supervisor to improve cash transaction matching.
  • Document detailed accounting processes related to full cycle benefits and payroll, include AP invoices, check request, treasury actions and manual journal entries.
  • Assist with audits (internal, external, or regulatory) by providing payroll[1]related reports and documentation.
  • Conducts data analysis to identify trends and provides insights for planning or management review, as needed
Knowledge and Skills Required:
  • Bachelor's degree in finance or accounting and 2-3 years of accounting experience.
  • Proficiency with Microsoft Excel and accounting software. x Experience with payroll accounting and systems (ADP, UKG, Workday) a plus.
Communication and Interpersonal Skills:
  • Excellent professional written, verbal, listening and communication skills.
  • Must be a personable, positive, and professional representative of the company.
  • Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along with others, i.e., peers, employees, supervisors, outside customers, and vendors. Lead by positive example.
  • Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
  • Actively listens and is mindful of the role body language, gestures and other nonverbal actions can play in communication
#LI-KT1

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range:

$85,000 - $95,000

This position is typically eligible for bonus-based incentive compensation, at the Company's discretion.

Benefits may include:
  • Comprehensive medical, prescriptions, dental and vision plans
  • 401(k) plan with a discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Basic life and accidental death and dismemberment insurance premium paid by the company
  • Voluntary supplemental life insurance for employees, spouses and dependent children
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off programs
  • 11 Company paid holidays per year
  • Flexible spending account
  • Health savings account (available to High Deductible Health Plan participants only)
  • Employee Assistance Program
  • Educational Assistance Program
  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
  • Title insurance policies and certain escrow services for the employee's primary personal residence at no charge
  • Transportation benefit plan for mass transit, parking and vanpool, in several markets


Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer

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