Withholding and Unemployment Tax Associate II

MassMutual • Springfield, MA

2d

About The Position

As a Withholding and Unemployment Tax Associate, you will work in a fast-paced, exciting, and collaborative environment. In this role, you will ensure accurate and timely filing of payroll and non-payroll tax payments and returns, maintaining compliance with federal, state, and local tax regulations. You will support the organization as a tax subject matter expert on special projects.
The Team This Corporate Tax Department is comprised of high-performing, collaborative, and agile tax professionals who are motivated by challenging work that delivers sustained value and a culture of accountability. Team members are focused on continuous improvement and transforming the department through innovative solutions that align with the finance organization’s strategic goals and initiatives.
The Impact: Your day to day would include but is not limited to:
Process daily Federal, State and Local tax withholding payments to all tax authorities in accordance with the tax deposit frequencies for all companies.
File quarterly State Unemployment Tax returns for all companies.
File quarterly Federal, State, and Local reconciliation returns for all companies.
Reconcile total withholding tax payments by tax jurisdiction to the total withholding reported on Forms 1099. Provide reconciliation discrepancies to individual business areas for research and resolution.
File annual Federal, State, Foreign, and Local tax returns for all companies.
Review, analyze, and respond to tax notices.
Manage the State Unemployment annual rate update process in Workday and LTTAX.
Register and set up new State and Local tax authorities in LTTAX and SAP.
Reconcile all Federal and State tax general ledger accounts.
Tax subject matter expert for special projects.
Partner with Payroll on W-2C corrections and filing amended tax returns as applicable.
Partner with business areas on 1099 (non-payroll) corrections and filing amended tax returns as applicable.
Partner with legal on complex tax interpretations.
Monitor and implement regulatory updates to maintain compliance.
Provide tax data as requested by departments within the company.

Requirements

• 4+ years' experience in filing Federal, State, and Local tax withholding returns
• 4+ years' experience in processing Federal and State Unemployment tax returns
• 4+ years' experience with federal, state, and local payroll tax regulations and reporting requirements
• Ability to work independently
• Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Critical thinker
• Strong analytical skills
• Adaptable to shifting priorities based on deadlines
• Ability to manage and execute on competing priorities
• Excellent time management skills

Nice To Haves

• Experience working with SAP and Workday
• Experience working with LTtax or other payroll withholding and unemployment tax software
• Experience with other types of state tax returns (income, premium, property, sales and use, municipal, etc.) or other general state tax or regulatory filings considered a bonus
• Effective communication and presentation skills

Responsibilities

• Process daily Federal, State and Local tax withholding payments to all tax authorities in accordance with the tax deposit frequencies for all companies.
• File quarterly State Unemployment Tax returns for all companies.
• File quarterly Federal, State, and Local reconciliation returns for all companies.
• Reconcile total withholding tax payments by tax jurisdiction to the total withholding reported on Forms 1099. Provide reconciliation discrepancies to individual business areas for research and resolution.
• File annual Federal, State, Foreign, and Local tax returns for all companies.
• Review, analyze, and respond to tax notices.
• Manage the State Unemployment annual rate update process in Workday and LTTAX.
• Register and set up new State and Local tax authorities in LTTAX and SAP.
• Reconcile all Federal and State tax general ledger accounts.
• Tax subject matter expert for special projects.
• Partner with Payroll on W-2C corrections and filing amended tax returns as applicable.
• Partner with business areas on 1099 (non-payroll) corrections and filing amended tax returns as applicable.
• Partner with legal on complex tax interpretations.
• Monitor and implement regulatory updates to maintain compliance.
• Provide tax data as requested by departments within the company.

Benefits

• Regular meetings with the Tax Team
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees