Senior Payroll Tax Analyst
- Compensation
- Not disclosed
- Location
- Los Angeles, California, USA
- Work setup
- Not specified
- Seniority
- Senior
- Employment
- Not specified
- Experience
- Not specified
- Category
- Finance
- Posted
Must have
- Bachelor’s degree or the equivalent combination of experience and education
- FPC or CPP certification strongly preferred
- 5+ years of relevant work experience servicing a large volume of employees (including a remote workforce) in a multi-state, multi-entity organization
- Comprehensive knowledge of federal, multi-state, and local wage and hour and tax regulations
- Strong working knowledge of taxation of fringe benefits and long-term equity incentive instruments (RSUs, NQ Stock Options, etc.)
- High level of accuracy and attention to detail with high service orientation, integrity, discretion, and ownership of work with the ability to work independently
- Ability to work through ambiguity, be self-motivated, and piece together facts and data necessary to identify issues, propose resolutions, make decisions, and operationalize necessary changes to impro
- Ability to prioritize and multitask in a fast-paced environment
- Intermediate to advanced analytical skillset, including the use of Excel V-Lookup and Pivot Tables and/or other tools
- Excellent interpersonal, oral, and written communication skills
- Able to handle confidential information and issues effectively and without breach of confidentiality
Full description
OVERVIEW OF THE COMPANY
Fox Corporation
Under the FOX banner, we produce and distribute content through some of the world’s leading and most valued brands, including: FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. We empower a diverse range of creators to imagine and develop culturally significant content, while building an organization that thrives on creative ideas, operational expertise and strategic thinking.
JOB DESCRIPTION
As a Senior Payroll Tax Analyst, you will be responsible for payroll tax reporting, compliance, liabilities, and the filing of associated employment tax returns for multiple FEINS in multiple states. You will also ensure the integrity of employee wage and tax data reported on employees’ Form W-2.
You will drive efficiencies through creative problem-solving and analysis as you work with large volumes of complex data to draw conclusions that identify process improvements and automations, improving accurate and timely tax payments and filings.
A SNAPSHOT OF YOUR RESPONSIBILITIES
- Ensure the accuracy, timeliness, and completeness of all monthly, quarterly, and annual tax filings, amendments, and reporting including employee W-2s and W-2c’s
- Reconcile all tax and wage amounts for multiple legal entities monthly, quarterly, and annually between the payroll system and third-party tax service including reconciliation of W-2s to payroll tax reports and the quarterly 941 returns to W-2 totals. Research and correct any discrepancies
- Analyze payroll tax issues and provide recommendations for solutions relating, but not limited to employee mobility, reciprocal taxation, stock taxation and reporting, inpats and expats, employer-provided fringe benefits and local taxation
- Review and reconcile all daily tax and wage amounts submitted to third-party tax services and research any discrepancies and handle accordingly
- Perform monthly, quarterly, and annual reconciliations of gross earnings to taxable wages to validate accuracy of taxable wages
- Submit tax notices and facilitate resolutions in coordination with third-party tax vendors timely to avoid penalties and interest; research and determine the root cause, and work with the appropriate parties to take action to prevent future issues
- Provide excellent customer service in researching and responding to payroll tax-related inquiries from employees, agencies, and other internal/external parties
- Research all W-2 correction inquiries, complete and submit all W-2c’s for review and approval, and distribute W-2c through appropriate channel
- Review all Workday tax updates and test accordingly, and communicate key changes to the Payroll team and HR as necessary
- Partner with the Payroll team to ensure state and local taxes are set up correctly for employees, particularly for employees who live and work in different states