Payroll Tax Analyst (Hybrid)

Prudential Financial • Newark, NJ

1d • $70,300 - $116,100 • Hybrid

About The Position

Tax Operations located in Newark, NJ supporting compliance and regulatory tax withholding reporting requirements for the organization in partnership with our business areas. The team is part of the Tax department within the Finance and Actuarial organization. A unique opportunity exists within the Tax Operations team for a Payroll Tax Analyst to support newly established work related to payroll tax filing and reporting processes managed by an external payroll vendor. Reporting to the Vice President, Process Management, the Tax Analyst will be responsible for overseeing the ADP vendor relationship, including the maintenance, monitoring, and continuous optimization of payroll tax lifecycle business processes. This role will work closely with the Tax Operations function to ensure payroll tax processes are executed accurately, timely, and efficiently, in compliance with all applicable tax withholding, remittance, and reporting requirements. The position requires a highly organized and detail oriented professional who demonstrates strong collaboration skills and the ability to manage multiple priorities in a dynamic environment. Work assignments may be varied in scope and may include project based initiatives driven by evolving business needs. The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

Requirements

• BA/BS college degree or 3-5 years of professional work experience required.
• Minimum of 2-3 years of payroll tax reporting.
• Proficient in MS Office Tools (e.g Word, Excel, etc).
• Ability to prioritize and simultaneously execute multiple deliverables with varied deadlines.
• Highly organized with strong attention to detail.
• An inquisitive and agile learner who is not afraid to challenge the status quo.
• Comfortable working with and across global teams in a fast paced and dynamic environment
• Excellent verbal and written communication as well as receptive listening skills.
• Strong partnering, problem solving and issue resolution skills, with the ability to identify business processes that can be streamlined and optimized for the end user.
• Critical and creative thinking, with the ability to think broadly and make connections across multiple applications and processes.
• Pro-active and results oriented; operates well with ambiguity and with a high degree of independence, collaboration, resilience, curiosity, and adaptability.

Nice To Haves

• Knowledge or experience in Workday is a plus.

Responsibilities

• Handle the daily funding process with ADP Employment Tax) and various processes required to ensure the vendor is meeting all required service levels.
• Review of daily, quarterly and annual payroll tax-related integrations files from Workday and operational processes are compliant.
• Running various reports from Workday to support data collection, research and reporting.
• Support the reconciliation and Year End W2 balancing process including the production of tax forms.
• Support review of all daily, monthly, quarterly, annual tasks associated with the tax reporting processes are completed timely.
• Respond to tax notice inquiries, complete research and correspondence to taxing authorities.
• Manage and serve as a backup for daily payment processes, including completion of quality reviews and oversight of production job streams/rejects.
• Support employment tax audits, tax law changes, new tax account setups, and account registrations with tax jurisdictions.
• Participate in or lead special projects, such as process redesign or process improvement initiatives.

Benefits

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level