Payroll Analyst

TSMC•USA-Arizona, AZ

2d•Onsite

About The Position

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.
Candidates must be willing and able to work on-site at our Phoenix Arizona facility.

Nice To Haves

Master’s degree is a plus.

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.