Payroll Tax Specialist

Capital One•Richmond, VA

1d•Onsite

About The Position

The Payroll Tax Specialist delivers on critical payroll activities. These activities include, but are not limited to, accurate tax/garnishment setup in the Workday payroll system, state/local tax account maintenance (registrations, account numbers, rates, POAs, etc.), and overall compliance with applicable laws and regulations. Additionally, the Tax & Garnishment team works closely with Capital One associates to answer questions and resolve any issues with a key focus on associate experience.

Requirements

High School Diploma, GED or equivalent certification
At least 1 year of payroll experience or at least 1 year of accounting experience

Nice To Haves

Associate degree
1+ years of payroll tax experience
Experience with Multi-State payroll (5,000+ employees)
1+ Local Tax Experience
Understanding of the gross to net calculation inclusive of pre/post tax deductions and taxable benefits
Familiarity with pay and benefit programs
Strong math skills
Strong verbal and written communications
Professional certification such as FPC or CPP
Experience with case management systems
Experience with Workday HR System
Experience with ADP Smart Compliance
Demonstrated customer service skills, attention to detail and decision making skills.
Accustomed to fast paced environment
Strong desire to grow and learn

Responsibilities

Performs daily tasks related to payroll tax including, but not limited to, federal and state tax form entry, payroll/tax adjustments, tax variance identification, tax reconciliation, payroll input as needed
Ability to complete a gross pay to net pay payroll calculation outside of the payroll system and explain to Associates with questions about their pay
Ability to determine the correct local taxation for an associate based on Home and Work location
Reviews payroll system output for errors and makes necessary corrections in the system
Assists other Capital One HR Partners as required, to resolve errors and maintain or update accurate information in the payroll system
Assists HR Help Center representatives in handling and following up on inquiries related to payroll tax
Provides additional information and guidance to associates with questions concerning their taxes
Handles telephone calls and inquiries requiring detailed knowledge about the end to end payroll process at Capital One
Performs a variety of regularly scheduled and ad-hoc audits of the payroll data to maintain compliance with established standards
Assists in year-end W2 reporting and preparation
Regular attendance is required to be successful in this role and overtime may be required as business needs dictate