Payroll Tax Analyst
- Contract
Company Description
EROS Technologies was founded with a simple motive of offering the clients exactly what they want, how they want and when they want it. By leveraging for its clients its technological edge and right-sourcing advantage, EROS in a short period of time has grown to become one of the most trusted strategic technology partners. Treating every client as the top priority, we customize our solutions and services to align with the unique needs of each client.
Job Description
Job Title: - Payroll Tax Analyst (508026)
Location: - Pleasanton, CA (94588)
Duration: - 3 Month
Job Description: -
Possible temp to perm, for the right fit. The internal Clorox team is sourcing for a perm placement in sync with this role.
Primary Purpose of Position: (Summary Statement)
Performs a variety of functions of diverse scope where analysis of data requires evaluation of identifiable factors. Successful candidate will use skills of an experienced Payroll Tax professional with a full understanding of industry practices and company policies and procedures; resolve a wide range of issues in an innovative and practical way as it relates to payroll taxes, i.e., federal, state, local and other tax liabilities. Works with approximately 17 FEINS and 22 states.
Key Responsibilities
· Prepare all payroll tax funding – daily, weekly, quarterly, semiannual and annual
· Prepares GL account reconciliations
Quarterly Tax Reconciliation(s):
Verify Federal and State wages and taxes from the tax summary (TAX010) and balance to the quarter balancing report from ADP Tax Services prior to quarter end closing. Correct any variances by notifying payroll processors and/or ADP Tax Services. This process to begin once ADP Enterprise Group is notified by Payroll Tax Analyst to submit TAX812 to ADP Tax Services, typical 15 days prior to quarter close
Verify Federal and State wages and taxes from the tax summary (TAX010), balance to the final quarter balancing report from ADP Tax Services, identify and correct any discrepancies prior to next quarter close and submit to Supervisor for approval
Reconcile Statement of Deposits against signed/approved Quarter Balancing Versions Report from ADP Tax Services and inform Supervisor and ADP Tax Services immediately regarding any discrepancies
Process and submit Annual Reporting Error Listing (TAX900) to HROPS Supervisor for corrections and resolutions
Record and track tax refunds via established tax receivables process
Research tax issues and/or questions immediately to ensure speedy resolution
Manually complete and submit tax returns not processed by payroll vendor accurately and timely
Daily Tax Reconciliation(s):
Process TAX001 on a daily basis and verify dollars against ADP Tax Services Web site
Ensure differences are reconciled that day prior to funding
Prepare funding wire based on TAX001 and ADP Tax Service website
Accurately prepare funding wires for all payroll runid’s once reconciled against payroll summary reports (PAY018)
Reporting
Prepares several monthly reports needed by Finance and third party administrators with information on: relocation, promissory notes, GIFT campaign, compliance reports
Perform semiannual escheatment process and coordinate transfer of funds with Accounts Payable
Forms:
Complete multiple worksite location and industry verification forms as received for the various states
Complete EDD “Benefit Audit” forms to ensure employees have not been overpaid for Unemployment
Complete form DE340 and submit new hire file to EDD office weekly
Manually complete and submit tax returns not processed by payroll vendor accurately and timely
Requirements:
Minimum Years and Type of Experience Required:
Payroll tax and accounting experience required
Typically requires a minimum of five years of related experience.
Required Skills and Abilities:
Strong planning, organizing, and adaptation skills
Detail oriented and excellent data review, documentation and processing skills
Excellent communication and interpersonal skills
Strong working knowledge of PC applications (Microsoft Office (advanced Excel skills are a requirement), ADP Reportsmith and knowledge of ADP Enterprise Payroll preferred)
Minimum Education Level/ Degree:
· High school diploma required; bachelor's degree in accounting or business preferred
Additional Information
All your information will be kept confidential according to EEO guidelines.