Payroll Senior Analyst

The Boston Consulting Group (BCG) • Boston, MA

216d • Onsite

About The Position

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact. To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive. Our mission is clear. We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. We are shaping the future. Together. We have embarked on an exciting journey of modernizing and transforming our US and Canada payroll functions, engaging a third-party consulting firm to uncover opportunities and develop a detailed roadmap. By rethinking structures, harmonizing processes, and automating key tasks with new technologies, we intend to create a simpler and more efficient operating model encouraging collaboration and flexibility for the payroll function to meet the evolving and growing needs of BCG. This role will be actively involved in leading and managing the payroll transformation initiative, partnering closely and under the supervision of our Payroll Leadership Team and other Finance Leaders across North America. This individual will analyze BCG policies and processes to enable the adoption of available efficiencies and improvements to align with BCG, regulatory requirements and payroll industry best practices. They will provide a high level of customer service to internal and external customers.

Requirements

• Associates degree in a business-related field or equivalent experience; bachelor's degree is preferred.
• 5+ years Payroll experience ideal.
• Experience with 3rd party payroll service (ADP, Ceridian etc.) including report writing tools.
• Experience in system/operational transformations.

Nice To Haves

• Proficient using Microsoft Office products (Excel, Word and PowerPoint).
• Working knowledge of automation capabilities (Alteryx, Power BI, UI Path etc.).
• Working knowledge and experience with international mobility rules, requirements and regulations.
• Working knowledge and experience with multi-state payroll taxation rules and regulations.
• Ability to handle confidential information in a professional manner.
• Excellent customer service orientation with creative and resourceful problem-solving skills - 'can do' attitude.
• Strong organizational and analytical skills with attention to detail and the ability to multi-task.
• Excellent interpersonal, verbal and written communication skills with ability to effectively communicate with all levels of the organization.
• Self-starter, highly motivated and innovative.

Responsibilities

• Taking ownership of policies and practices related to multi-state payroll reporting and tax compliance.
• Reviewing and recalculating employee wages and taxes based on timesheet change reports.
• Managing the multi-state tax equalization process including; mid-year stipend data, year-end stipend data, and tax prep assistance payments.
• Auditing monthly employee records to ensure proper multi-state payroll setup.
• Reviewing and adjusting year-end work state wages to ensure accurate W-2 reporting.
• Providing support for mobility-related payroll functions for U.S.-based expatriates and inpatriates.
• Overseeing Certificate of Coverage application processing.
• Ensuring proper withholding of hypothetical taxes on regular and supplemental payrolls.
• Confirming year-end tax entries and taxable benefits (e.g. relocation, COLA, tax prep) are accurately reflected on W-2s.
• Ensuring accurate foreign exchange rate application and year-end adjustments for non-USD payroll.
• Managing intercompany invoicing, reconciliation, and journal entries.
• Plan, steer, organize and coordinate transformation process-related activities and workstreams.
• Demonstrate strong project management skills; must be able to manage multiple complex projects at the same time and meet deliverables.
• Proven ability to build strong partnerships with colleagues across the organization (HR, technology etc.), desire to be flexible and think strategically.
• Deep understanding of full cycle payroll operations- input prior to payroll acceptance and output post-payroll acceptance - while maintaining separation of duties for compliance and audit controls.
• Be well versed in policies and practices related to multi-state payroll reporting and taxation.
• Manage day to day escalations and act as business partner to resolve issues requiring additional assistance for resolution.
• Openness to new and innovative ideas and adaptability to transformation.
• High integrity, a positive can-do attitude, and an ability to maintain absolute confidentiality.
• Working independently—You are self-motivated and take initiative.
• Perform other duties and special projects as assigned or required.

Benefits

• Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children.
• Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs.
• Dental coverage, including up to $5,000 in orthodontia benefits.
• Vision insurance with coverage for both glasses and contact lenses annually.
• Reimbursement for gym memberships and other fitness activities.
• Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan.
• Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement.
• Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month).
• Paid sick time on an as needed basis.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree