Payroll Tax Analyst

Ameriprise • Minneapolis, MN

8d • $54,400 - $74,800

About The Position

Ameriprise Financial is looking to add a Payroll Tax Analyst to the team! The Payroll Tax Analyst will own the processes to audit and balance all payroll-related activities and tax reporting to ensure compliance with Federal, State, and local tax jurisdictions across 12 legal entities and all 50 states. Serve as a subject matter expert for more complex payroll tax issues and lead the research and resolution of discrepancies and escalations in partnership with outside vendors. Maintain working knowledge of changes with legislation and impacts in taxation and reporting. Lead the responses to tax escalations and work payroll specialists and the call center. Responsible for reviewing employee tax data for accuracy.

Requirements

• Bachelor's Degree or equivalent
• 1-3 years of payroll tax experience
• Depth of knowledge in payroll tax laws, Federal, and multi-State.
• Experienced in completing federal, state, and local jurisdiction payroll tax reporting.
• Experienced in processing and handling a variety of payroll matters including equity awards, perquisite, payroll adjustments, etc…
• Demonstrated skills in research and troubleshooting.
• Ability to prioritize conflicting work to meet deadlines in a fast-changing environment.
• Previous experience in working with external payroll vendors.

Nice To Haves

• Certified Payroll Professional (CPP) designation.
• Experience with Workday payroll and outsourced tax, wage payments, and garnishment services.
• Experience working in a global organization.

Responsibilities

• Assist in reconciling payroll and tax reporting processes, ensuring accuracy and resolving discrepancies as needed.
• Assist with the processing of tax payments that are outside of the vendor's responsibility.
• Ensure all balancing is done in compliance with SOX controls and serve as an escalation point for G&L account reconciliation issues.
• Partner with Finance to research open items and recommend corrections.
• Lead the auditing of employee data and the processes to correct tax set ups.
• Partner with the HR Systems team to determine appropriate actions when system issues impact taxation or employee records are incorrect.
• Manage State Tax Mobility processing by communicating directly with employees to ensure appropriate multi-state set-ups and contributing to the annual state mobility processing events.
• Provide direction to India-based Payroll Specialists on taxation issues and lead the implementation of process changes as needed to comply with payroll tax laws.
• Determine appropriate actions when legislative changes occur.
• Collaborate with third-party administrator (ADP) and jurisdictions when complex issues occur and require more in-depth research to respond to notices of inconsistencies.
• Lead the processing of corrections to wage and tax information based on system audits and applicable tax rules.
• Play a key role in the annual payroll year-end process and other key projects impacting payroll.
• Remain current on industry changes and understand how Ameriprise plans, practices, and policies are impacted.
• Provide consulting to specific plan owners to ensure taxation and reporting requirements are understood and meet the requirements.
• Determine impacts and works with appropriate groups to update systems and processes as appropriate.

Benefits

• We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

What This Job Offers

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