Payroll Analyst

TSMC • Phoenix, AZ

112d

About The Position

A job at TSMC Arizona offers an opportunity to work at the most advanced semiconductor fab in the United States. TSMC Arizona’s first fab will operate its leading-edge semiconductor process technology (N4 process), starting production in the first half of 2025. The second fab will utilize its leading edge N3 and N2 process technology and be operational in 2028. The recently announced third fab will manufacture chips using 2nm or even more advanced process technology, with production starting by the end of the decade. America’s leading technology companies are ready to rely on TSMC Arizona for the next generations of chips that will power the digital future. TSMC is seeking a detail-oriented Payroll Analyst to ensure the accurate and timely processing of employee payroll while maintaining compliance with applicable laws and company policies. This role involves analyzing payroll data, resolving discrepancies, preparing reports, and supporting audits. The Payroll Analyst will collaborate closely with HR and Finance teams to streamline payroll operations, address employee inquiries, and contribute to the continuous improvement of payroll processes.

Requirements

• Bachelor’s degree in Accounting, Finance, Tax, or a related field required; Master’s degree is a plus.
• Knowledge of the payroll function including preparation, balancing, internal control, and payroll taxes.
• Proficiency with Microsoft Office (Excel, Word, PowerPoint).
• Strong analytical and numerical skills with high attention to accuracy.
• Excellent organizational skills and great attention to detail.
• Understanding of accounting fundamentals.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong problem analysis skills and ability to develop effective solutions.

Responsibilities

• Process semi-monthly and bi-weekly payroll transactions including salaries, shift premiums, benefits, garnishments, taxes, deductions, G/L entries, tax position changes, and adjustments.
• Ensure accurate and timely processing of payroll updates, including new hires, terminations, pay class, time zone, and rate changes.
• Prepare and maintain accurate payroll records and reports.
• Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices.
• Perform analysis and reconciliation to ensure accuracy and compliance with company policies and regulatory requirements.
• Facilitate audits by providing records and documentation to auditors.
• Perform other duties as assigned.

Benefits

• Comprehensive and competitive benefits program including medical, dental, and vision plan offerings.
• Income-protection programs to assist financially in case of injury or illness.
• 401(k)-retirement savings plan.
• Competitive paid time-off programs and paid holidays.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees