Senior Payroll Accountant 

Panasonic • Newark, NJ

85d • $88,000 - $92,000

About The Position

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Requirements

• BA/BS degree in Accounting and/or Finance.
• 5-7 years of payroll accounting/payroll tax experience.
• Knowledge of SAP & strong competencies in Excel essential.
• Workday knowledge a plus.
• Experience with Month end process, Accruals, and multi-state payroll.

Nice To Haves

• Knowledgeable, organized, and detail oriented individual.

Responsibilities

• Conducts complex assignments involving accounting projects.
• Requires a broad knowledge of accounting practices and procedures, and a knowledge of payroll.
• Provides training and guidance to less experienced staff.
• Prepare journal entries to record payroll activity.
• Record month-end inter-company/divisional transactions relating to payroll activity.
• Review and approve coding of payments/invoices to third party vendors (ADP print/garnishment/tax services, transit program, union dues, Health Savings Account).
• Prepare accruals and other adjusting entries.
• Identify and direct accounting treatment of payroll/tax/benefit transactions.
• Maintain the mapping tables of the general ledger chart of accounts (payroll and payroll tax related) in Workday.
• Reconcile sub-ledger to general ledger account balances.
• Maintain accurate account and data reconciliation, including supporting sub-ledgers, journals, and other financial documentation within a cost efficient operation.
• Ensure full compliance with Parent Company and PNA policies, internal controls, and Sarbanes-Oxley Act.
• Conduct initial internal control evaluations.
• Within the limits of delegated responsibility, approve certain transactions.
• Investigate, resolve, and report to the accounting manager any inconsistencies or improprieties.
• Review and interpret payroll accounting policies and procedures.
• Manage general ledger recording process (daily/weekly/quarterly/annual).
• Assist with state and federal payroll, payroll tax and escheat audits.
• Identify, research, and resolve payroll deduction/benefit/tax g/l account discrepancies.
• Verify inter-company payroll assessments.
• Define and post reclass entries as needed.
• Review general ledger accounts and correct journal entries.
• Perform monthly balance sheet (payroll tax/deduction/benefit) variance analyses.
• Perform accounting analyses, such as, but not limited to: Balance sheet accounts, payroll tax, accruals, and department expense analyses.
• Prepare wage analyses and other ad-hoc requests.

Benefits

• Competitive compensation package.
• Comprehensive benefits.
• Pet Insurance.
• Paid Parental Care Leave.
• Employee Referral Program.
• Educational Assistance.
• Flexible Work Program.
• Volunteer time Off.
• Casual Dress Code.
• Total Well Being Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees