Payroll Analyst

Medtronic • Juncos, PR

2d • Onsite

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life As a Payroll Analyst you will support MiniMed Diabetes with the payroll and time keeping administrative responsibilities. This role will be on site in Juncos, Puerto Rico. This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care. Responsibilities may include the following and other duties may be assigned. Payroll is responsible to ensure employees are paid accurately, on time, and in accordance with company policy and government regulations. Analyzes, audits, reconciles, and resolves complex payroll processing and employee payroll issues to ensure smooth payroll processing. Ensures payroll reporting and payments are compliant with company policy, generally accepted accounting principles, and applicable regulations. Researches and interprets regulatory requirements and resolves tax, withholding, and garnishment issues for payroll processing. Responds to auditing and regulatory inquiries. Creates standard operating procedures, responds to merger and acquisition activities. May ensure time systems are compliant with company policy and government regulations. May respond to and resolve employee and client inquires. May work with system programmers to achieve solutions or administer company payroll system with outside service provider. Functional Skills: Payroll Practices, Wage and Hour Laws/Compliance, Data Analysis, Knowledge Management. Additional Skills: Problem Solving, Detail Oriented, Cross-Functional Collaboration, Customer Service, Process Improvement, Communication. Responsible for integrations to and from timekeeping (UKG) and leave vendors (Alight)

Requirements

• Requires 2+ years of experience with a high school diploma or equivalent or advanced degree with 0 years of experience.
• Payroll Practices
• Wage and Hour Laws/Compliance
• Data Analysis
• Knowledge Management
• Problem Solving
• Detail Oriented
• Cross-Functional Collaboration
• Customer Service
• Process Improvement
• Communication

Nice To Haves

• Bachelor Degree
• Current experience + 2 years in the payroll profession.
• Bilingual -English and Spanish
• Time and Attendance experience, including time tracking and leave of absence
• Strong organizational and analytical capability; proficiency in Excel and ability to audit input and output for variance.
• Knowledge in Kronos or UKG Timekeeping administration for payroll processing.
• Adaptable and quick to learn

Responsibilities

• Payroll is responsible to ensure employees are paid accurately, on time, and in accordance with company policy and government regulations.
• Analyzes, audits, reconciles, and resolves complex payroll processing and employee payroll issues to ensure smooth payroll processing.
• Ensures payroll reporting and payments are compliant with company policy, generally accepted accounting principles, and applicable regulations.
• Researches and interprets regulatory requirements and resolves tax, withholding, and garnishment issues for payroll processing.
• Responds to auditing and regulatory inquiries.
• Creates standard operating procedures, responds to merger and acquisition activities.
• May ensure time systems are compliant with company policy and government regulations.
• May respond to and resolve employee and client inquires.
• May work with system programmers to achieve solutions or administer company payroll system with outside service provider.
• Responsible for integrations to and from timekeeping (UKG) and leave vendors (Alight)

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees