Payroll Tax Compliance Specialist

Capital One•Richmond, VA

61d

About The Position

The U.S. Payroll Tax Compliance Specialist supports the U.S. payroll tax team to deliver on critical payroll activities. These activities include, but are not limited to, keeping Capital One U.S. payroll tax accounts in good standing, timely and accurate tax setup in the Workday payroll system and ADP Smartcompliance, state/local tax account maintenance, and overall compliance with applicable laws and regulations.

Requirements

High School Diploma, GED, or equivalent certification
At least 2 years experience in payroll tax
At least 2 years experience with Multi-State payroll (5,000+ employees)
At least 2 years experience with Local Taxes
At least 2 years experience with Tax Agency Relations
Understanding of the gross to net calculation inclusive of pre/post tax deductions and taxable benefits
Strong understanding of end to end payroll and payroll tax laws and regulations.

Nice To Haves

Associate degree
Professional certification such as FPC or CPP
5+ years experience in Payroll Tax
5+ years experience with tax agency relations
Workday Payroll
ADP SmartCompliance
Leadership experience
Demonstrated customer service skills, attention to detail, and decision making skills.
Accustomed to fast paced environment
Strong desire to grow and learn
Familiarity with pay and benefit programs
Proficient experience working with Google Suite
Excellent verbal and written communications

Responsibilities

Supports the team's critical functions with an emphasis on creating efficiencies through continuous improvement
Oversee the maintenance of all state and local tax withholding registrations and employer account numbers with the goal
Analyze root cause of escalated tax notices and work with the team to develop corrective action plans. Maintain penalty and interest expense at industry leading levels
Work closely with tax vendor to ensure all tax account discrepancies are researched, documented, and resolved promptly
Establish strong working relationships with internal partners including corporate tax dept, tax audit, and payroll input providers
Identify, create, and deliver associate pay impact communications due to tax law changes
Supports the team's processes to ensure timely and accurate employee tax setup in payroll system
Ability to complete a gross-to-net pay calculation outside of the payroll system and explain to associates with questions about their pay
Assists other Capital One HR Partners, as needed, to resolve errors and maintain or update accurate information in the payroll system
Assists in year-end W-2 preparation, bonus payroll, and equity processing