Sr Payroll Tax Analyst

MiniMed • Los Angeles, CA

1d

About The Position

As a member of the U.S./Puerto Rico Payroll Tax Team, you will support the accurate and timely administration of MiniMed’s payroll and payroll tax programs in compliance with plan provisions and applicable regulations. In this role, you will contribute to both departmental and cross-functional initiatives, providing payroll and tax expertise as a project team member. You will also independently perform specialized processes, analysis, and reporting to ensure operational excellence and compliance. Responsibilities may include the following and other duties may be assigned.

Requirements

• Requires 4+ years of experience with a with a high school diploma or equivalent or advanced degree with a minimum of 2 years relevant experience.

Responsibilities

• Drive ongoing payroll and payroll tax operational activities, identify best practices, and develop recommendations to enhance efficiency.
• Perform internal audits and analyze employee level tax data, determine if adjustments are needed, enter adjustments when necessary, and review work to ensure results are accurate.
• Review escalated employee tax cases to determine action needed and provide excellent customer service to resolve employee questions and meet service level agreements.
• Work with third party payroll tax processor to maintain accurate account information.
• Reconcile tax information between Workday Payroll and ADP, the third-party payroll tax processor, to ensure all employee and company data is accurate.
• Enter and review employee tax data in Workday and performs various payroll tax audits to ensure employee tax set-up and withholdings are correct.
• Research compliance issues, IRS, state and local laws to provide recommendations to ensure compliance and recommend changes to internal payroll and payroll tax processes.
• Collaborate with other teams in all aspects of Payroll Tax matters including new tax initiatives, changes in tax initiatives and with an emphasis of establishing best practices.
• Processes tax adjustments and payments, and creates accounting journal entries
• Reconciles payroll bank accounts to payroll journal entries
• Lead Payroll Tax Operations through Month-End, Quarter-End and Year-End Payroll tasks and projects.
• Respond to external and internal audit requests and address audit findings.
• Reconciles payroll journal entries, assists with preparation of accruals, adjustments, and reports for accounting team

Benefits

• MiniMed offers a competitive salary and flexible benefits package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.
• Regular employees working 20 or more hours per week are eligible for a robust benefits package, including health, dental, and vision insurance, as well as access to a Health Savings Account, Healthcare Flexible Spending Account, life insurance, long-term disability leave, and a dependent daycare spending account.
• In addition, all regular employees enjoy incentive plans, a 401(k) plan with company match, short-term disability coverage, paid time off and holidays, participation in our Employee Stock Purchase Plan, and access to our Employee Assistance Program.
• Eligible employees may also benefit from our Non-qualified Retirement Plan Supplement and Capital Accumulation Plan, subject to IRS minimum earnings requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED