Sr Payroll & Tax Analyst - 90131622 - Washington
About The Position
The Sr Payroll & Tax Analyst reports, maintains, and responds to employee inquiries regarding the Railroad Retirement Tax Act (RRTA) and the Railroad Retirement Board (RRB). The role works with Tier I, Tier II, and RUIA regulations to ensure taxes are accurately calculated, withheld, and remitted to the IRS and RRB within statutory deadlines. It also ensures employees earn service months correctly and that accurate information is provided to the RRB. The analyst validates payroll tax withholding, documents new regulations, develops system requirements when regulatory changes need IT support, and participates in implementation and testing of system enhancements. The position reconciles annual W-2 wages to RRB wages, supports quarterly and annual tax filings, prepares specified RRB reports, and maintains or develops internal procedures. Working knowledge of ADP Smart Compliance and W2C Manager is noted.
Requirements
- Bachelor’s degree or equivalent combination of education, training, and relevant experience.
- At least 3 years of relevant work experience.
- Comprehensive understanding of payroll tax regulations and end-to-end gross-to-net payroll calculations.
- Knowledge of researching payroll results to troubleshoot issues.
- Ability to proactively take appropriate corrective actions.
- Proficiency with Microsoft Office Professional, including excellent Excel skills.
- Strong understanding of documenting payroll procedures and preparing payroll business requirements for SAP or ERP systems regarding payroll taxes.
- Working knowledge of ADP Smart Compliance and W2C Manager.
Nice To Haves
- Bachelor’s degree or equivalent combination of education, training, and relevant experience.
- At least 5 years of relevant work experience.
Responsibilities
- Report, maintain, and handle employee inquiries regarding RRTA and RRB matters.
- Apply Tier I, Tier II, and RUIA tax regulations to ensure taxes are calculated, withheld, and remitted to the IRS or RRB accurately and on time.
- Ensure employees properly earn RRB service months and that accurate data is provided to the RRB.
- Validate RRB tax withholding and document new regulations.
- Develop system requirements for regulations requiring IT support and participate in system implementation and testing of enhancements.
- Reconcile and correct annual W-2 wages against annual RRB wages.
- Participate in preparing quarterly DC1 tax filings with the RRB and the annual CT1 filing.
- Prepare RRB forms BA3, BA4, BA6, BA9, and BA11, and reconcile payments issued during the year with annual RRB reports.
- Maintain or prepare internal procedures related to the RRB.
Benefits
- Health, dental, and vision insurance
- 401K with employer match
- Generous paid time off
- Wellness programs
- Railroad Retirement Benefits
- Paid caregiving days and backup care
- Health Savings Account
- Public Service Student Loan Forgiveness
- Fertility and family building benefits
- No-cost Personal Health Advocate
- Student Loan Assistance
- Adoption and surrogacy assistance
- Medical plan opt-out credit
- Tuition and education reimbursement
- Paid family leave
- Life insurance
- Rail Pass Privileges
- Short- and long-term disability insurance
- Employee Assistance Program
- No-cost financial advisor sessions
- Commuter and flexible spending accounts
- Potential short-term incentive bonus
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What This Job Offers
Job Type
Full-time
Career Level
Senior
