Sr Analyst, Payroll

Baxter•Aibonito, PR

About The Position

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You'll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients. As a Sr. Analyst, Payroll, you will be responsible for ensuring accurate and timely payroll processing for multiple Baxter manufacturing sites in Puerto Rico. You will maintain payroll and timekeeping systems, support compliance requirements, perform payroll analyses, and partner closely with Human Resources, Finance, and plant leadership to deliver exceptional employee support and operational excellence.

Requirements

Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
Minimum of 2 to 3 years of experience in Payroll, Accounting, or a related function.
Experience working with payroll and timekeeping systems such as Workday, Kronos, or similar platforms.
Knowledge of payroll regulations, accounting principles, and internal control requirements.
Strong analytical and problem-solving skills with exceptional attention to detail.
Experience preparing payroll reports, reconciliations, and financial analyses.
Ability to manage multiple priorities in a fast-paced manufacturing environment.
Strong organizational, communication, and interpersonal skills.
Self-starter with the ability to work independently and collaborate effectively across teams.
Proficiency in Microsoft Excel, including pivot tables and data analysis.
Bilingual proficiency in English and Spanish.

Responsibilities

Maintain payroll and timekeeping systems (Workday and Kronos) with accurate employee information, schedules, and related data.
Review, validate, and process employee timecard transactions, including punch corrections, exceptions, and payroll adjustments.
Process payroll adjustments for absences, paid time off, compensation changes, and other payroll-related transactions.
Authorize and process overtime transactions in accordance with established guidelines and supervisor approvals.
Execute weekly payroll closing activities and ensure timely payroll transmission for employee payment processing.
Process salary adjustments and on-demand employee compensation changes accurately and within required timelines.
Prepare and analyze payroll reports, including absenteeism, overtime, meal periods, labor projections, and other management reports.
Support month-end close activities, including payroll journal entries and general ledger account reconciliations.
Conduct payroll deduction audits and ensure payroll data accuracy and compliance.
Analyze the financial impact of compensation programs, restructuring initiatives, benefits, incentives, and other workforce-related programs.
Monitor HR and administrative budgets, track expenditures, and provide reporting to support financial planning activities.
Process and submit invoices accurately and according to established timelines.
Partner with managers and employees to resolve payroll-related inquiries and issues while ensuring compliance with company policies.
Support HR projects, initiatives, and special programs as needed.
Ensure compliance with Sarbanes-Oxley (SOX) requirements and maintain strong internal controls.
Support Environmental Health & Safety (EHS) initiatives by identifying workplace hazards, participating in inspections, and following applicable procedures.
Maintain confidentiality of employee information and adhere to all data privacy requirements.

Benefits

medical and dental coverage that start on day one
insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
Flexible Spending Accounts
educational assistance programs
paid holidays
paid time off ranging from 20 to 35 days based on length of service
family and medical leaves of absence
paid parental leave
commuting benefits
Employee Discount Program
Employee Assistance Program (EAP)
childcare benefits