Payroll Tax Specialist

First Citizens Bank•Raleigh, NC

2d•Remote

About The Position

This is a remote role that will only be hired in the following locations: NC, SC, FL, TX, AZ. Preference will be given to candidates who live within a commutable drivable distance to our Raleigh, NC office. This position performs accounting and payroll tasks in support of the Payroll function of the Bank. Prepares, files, and monitors payroll tax returns to ensure compliance and accuracy. Provides support to initiatives throughout the Bank to ensure financial information is appropriately managed and reported.

Requirements

Bachelor's Degree and 3 years of experience in Payroll and either Tax or Accounting OR High School Diploma or GED and 7 years of experience in Payroll and either Tax or Accounting
Fundamental Payroll Certification (FPC) or Certified Payroll Professional (CPP) Certification
Understanding of Generally Accepted Accounting Principles (GAAP)
Knowledge of Human Resources information and payroll systems
Proven experience in payroll tax and accounting with a bank or financial institution.
Experience with reconciling, journal entry and balancing transactions.
Ability to problem solve and troubleshoot independently.
Effective judgement and critical thinking.
Must be detail oriented, able to multitask and function in a fast-paced, deadline driven environment with minimal oversight.
Must be able to work independently on assigned duties while successfully collaborating in a team friendly environment.
Strong organizational and time management skills are important as multi-tasking is essential
Must be adaptable and flexible to support change in regulatory environments

Nice To Haves

Peoplesoft system experience preferred
Knowledge of UKG software (or similar system).

Responsibilities

Provides support for tax activities within the payroll function.
Ensures correct reporting of withholdings, timely filing of tax returns, and accuracy of tax provider results.
Assists in year-end close activities and W2 preparation.
Addresses tax-related inquiries from associates and regulatory agencies and provides ongoing relationship management of tax vendor.
Sources, compiles, and interprets data.
Analyzes data to validate output and ensure pay standards are met.
Assists with data testing in the HR Management System.
Ensures that payroll functions are compliant with all federal, state, and local tax regulations, engaging external legal counsel and management as needed.
Resolves compliance matters and effectively communicates results to relevant tax authority.
Supports HR and Bank initiatives, including mergers and acquisitions.
Supports development and maintenance of audit tools, performs internal audits, and creates materials for internal auditors to ensure tax and accounting information for projects is appropriately managed.