Payroll and Tax Analyst

Ford • Dearborn, MI

6d • $72,480 - $162,120 • Hybrid

About The Position

Finance strategically partners with operations to drive outstanding business results and enhance Ford’s industry leadership. When you join us, you’ll be able to contribute financial expertise that impacts all areas of our company, including planning, manufacturing, marketing and global distribution.
In this position...
The Internal Service Employees (ISE), Canadian Commuters, and Stock Compensation Tax desk is one of the key positions on the Employee Payments’ (Payroll) Team. It involves understanding end-to-end payroll processes for employees in multiple countries, ensuring compliance with local regulations, accurate data management, and timely payments, while also addressing employee queries and collaborating with HR and finance teams. There are several opportunities to learn about Ford payroll taxes, other deductions, and the year-end process of issuance and correction of W-2s for all ISE and Canadian Commuter employees. This desk is also heavily involved in many key initiatives and special projects that relate to tax compliance and launch of the new payroll system (Oracle Cloud).
This role is hybrid and requires at least 4 days per week onsite in Dearborn, MI.

Requirements

• Bachelor's degree in accounting, finance, or a related field is required.
• 3+ years of experience processing and/or calculating payroll in a multi-state environment.
• Must have payroll software and systems experience, preferably Oracle Cloud.
• Payroll tax experience is a must (international tax experience is encouraged).
• Must be proficient in Excel, Word, PowerPoint.
• Must keep abreast of legislative / regulatory updates and best practices for payroll including but limited to FLSA, FMLA, and other common payroll compliance related topics.

Nice To Haves

• Master’s degree in accounting, finance, MBA, or a related field is desired.
• Certified Payroll Professional (CPP), or CPA is encouraged.
• Understanding basic accounting principles (debits, credits, general ledger, month-end and quarter-end close, etc.).
• Excellent interpersonal skills.
• Quick learner, self-motivated, can multi-task, and change priorities quickly.
• Proactive, excellent attention to detail, and strong analytical abilities.
• Good communication and presentation skills.

Responsibilities

• Prepare balance adjustments for current tax year and corrections of W-2s for prior tax years in the Payroll system, including and not limited to: Unearned wages that are repaid. You will closely with the Earnings team within Payroll, Cash Application team, and Receivables team.
• State employment/residency, FICA exempt/non-exempt, and Federal tax corrections & refunds. You will work closely with local HR reps, People First HR team, and the help desks.
• Own the process of the year-end W-2 for ISEs and Canadian Commuters, including but not limited to: Work closely with internal (such as Ford Talent Mobility and People First HR teams) and external partners (such as Weichert and Deloitte) to ensure that all required information is included on employees’ payroll records and W-2s.
• Maintain and update the timetable (checklist) that tracks all W-2 year-end tasks to ensure all items are completed timely.
• Conducted multiple rounds of audits and testing to ensure accuracy of employees’ payroll records, including their W2s.
• Assist in auditing payroll (simulation) runs (including key pre-validations).
• After each pay period, review the variance analysis preparing for certain tax deductions (i.e. FICA, Federal, State of Employment, State of Residency, Hypo Taxes, etc.) and prepare an explanation of variance if needed .
• Prepare ISE Receivables Aging and Reserve Analysis on a quarterly basis.
• Process Tax Equalization payments as instructed by Weichert, including the set-up of monthly deductions for Tax Equalization receivables as instructed by Talent Mobility team.
• Assist with Tax Equalization-receivable related escalations, inquiries, and validate Tax Equalization receivable write-off proposals by Talent Mobility.
• Responsible for managing the Deloitte Hypo Tax interface and reviewing file to ensure transactions are correct.
• Responsible for managing the Weichert interface and reviewing file to ensure transactions such as Hardship, Housing, Settling and Living Allowances for ISEs are correct.
• Provide payroll data/reports to Weichert and Deloitte as needed.
• Responsible for managing and processing the Stock Compensation payment file from the compensation team and our external vendor Morgan Stanley.
• Serve as the backup to the payroll specialist by processing payrolls in adherence with federal, state, and regional pay guidelines.
• Lead the annual retirement benefits audit with BDO Accounting firm and the Employee Benefits Office.
• Prepare Ops Review Metrics data and slides for the quarterly Op Review and Metrics meeting, as it relates to the balance adjustments and W-2/W-2C stats.

Benefits

• Immediate medical, dental, vision and prescription drug coverage
• Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
• Vehicle discount program for employees and family members and management leases
• Tuition assistance
• Established and active employee resource groups
• Paid time off for individual and team community service
• A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
• Paid time off and the option to purchase additional vacation time.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees