Senior Payroll Analyst
Company: KARL STORZ Endoscopy - America
Location: El Segundo
Posted on: October 18, 2024
Job Description:
Job DescriptionKARL STORZ United States is currently recruiting
a Senior Payroll Analyst who will be responsible for ensuring
accurate and timely processing of biweekly and monthly payroll and
act as the subject matter expert for questions/resolution related
to the ADP WFN payroll system, payroll accounting, company
policies, as well as compliance of federal and state regulations as
they relate to payroll tax, wage and hour laws, and
garnishments.
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
Keywords: KARL STORZ Endoscopy - America, Covina , Senior Payroll Analyst, Human Resources , El Segundo, California
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