Payroll Tax Analyst

McKesson • The Woodlands, TX

3d • Hybrid

About The Position

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care. What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Requirements

• Degree or equivalent and typically requires 2+ years of payroll tax experience
• 2+ years in payroll tax compliance focused in USA in a large multistate environment
• Ability to manage and prioritize various responsibilities with competing, short deadlines
• Ability to work overtime as needed
• Very strong analytical skills and attention to detail
• Customer-orientated with strong ability for trouble shooting and issue resolution
• Strong written and verbal communication skills
• Proficient using Microsoft Office applications: Excel, Outlook and Word

Nice To Haves

• Knowledge of Workday and ADP SmartCompliance preferred

Responsibilities

• Responsible for ensuring compliance with all payroll tax related governmental, regulatory and legislative requirements through quarterly balancing of payroll tax filings and tax jurisdictions through researching and resolving differences with taxing agencies; collecting refunds when applicable . Ensuring accurate employee wage and tax statements (W2’s)
• Prepares the W2C documentation and completes W2C spreadsheet for any tax related issues including but not limited to tax incompliance, multi-state employees, address changes, transfers, and payroll tax election changes . Processes wage and tax adjustments to state income tax withholding, state unemployment, federal, FICA, locals, etc . Research prior quarter and prior year entries and adjustments, working closely with the Senior Payroll Tax Analyst and Payroll Supervi sor .
• Handles the entries associated with the quarterly error and adjustment reports needed for quarterly processing . Entering wage and tax adjustments into Workday for W-2 Error report, Negative Wage and Tax report, Employee Visa related issues, state reciprocal issues, Worker Pay Impact report while working closely with the Senior Payroll Tax Analyst s.
• Responsible for the research and follow up on agency notices, W-2C’s and related correspondence and notifications to and from government agencies. Provides guidance on Power of Attorney forms, updating contact and mailing information with agencies, ADP, Equifax, internal and external customers to the Payroll Tax Coordinator. Typically working with moderate guidance.
• Responsible for Visa tax requirement compliance including but not limited to obtaining required supporting documentation, processing wage and tax adjustments and communication with the customer.
• Responsible for the set up and maintenance associated with state reciprocal agreements through regular audits validating home and work location tax set up , r esearching and providing tax election changes to Tax Coordinator for entry through regularly scheduled audits.
• Provides accurate and timely resolution for moderately complex payroll tax related discrepancies regarding paycheck earnings and deduction taxation, W2 explanations, payroll tax related escalations, military / visa exemptions, etc.
• Contributes to Mergers & Acquisitions projects through providing new account set ups, bank forms, authorization forms, guidance on Power of Attorney and other misc. forms to the Tax Coo rdinator for completion . Responsible for ensuring set up of final M&A information has been completed.
• Back up support for logging, scanning and uploading all incoming and outgoing mail , as well as the Payroll Tax Mai l box. Handles special projects as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed