Job Information
Dairy Farmers of America Sr. Payroll Tax Specialist in Kansas City, Kansas
Job Description
Manage and oversee all aspects of payroll tax compliance for a workforce of approximately 19,000 employees across multiple states. Partner with internal payroll teams to ensure adherence to all applicable payroll tax laws and regulations. Enhance accuracy and efficiency in payroll tax registration, processing, and reporting, while minimizing errors and corrections. Work closely with the corporate tax team and corporate human resources team to ensure compliance with evolving state and federal regulations including wage and hour and time off changes. Maintain organizational compliance with payroll tax laws and regulations, thereby mitigating the risk of penalties and fines. This role requires a deep understanding of payroll processes and tax regulations and the ability to handle complex payroll tax issues
Duties and Responsibilities:
Tax Compliance:
Ensure accurate and timely filing of payroll tax returns (federal, state, and local)
Stay updated on changes in payroll tax laws and regulations, including state specific requirements around taxes, wage and hour and time off, and ensure the organization complies with them
Verify that payroll tax calculations are accurate and comply with regulatory requirements
Payroll Processing:
Oversee the processing of payroll taxes, including withholding, reporting, and remittance
Reconcile payroll tax liabilities and payments
Handle payroll tax issues and inquiries from employees and tax authorities
Ensure employee taxes are set up properly
Record Keeping:
Register for payroll tax accounts in new jurisdictions and close accounts when no longer needed
Maintain detailed records of payroll tax filings, payments, and correspondence
Prepare and manage payroll tax reports for internal and external audits
Maintain and safeguard accurate payroll tax records, ensuring compliance with record-keeping requirements
Problem Resolution:
Address and resolve payroll tax discrepancies and issues
Collaborate with the payroll department to ensure accurate data and resolve any tax-related concerns
Conduct periodic audits and analysis of payroll tax data to identify trends and areas for improvement
Establish and maintain strong internal controls to prevent fraud or errors in payroll taxes
Reporting:
Review & audit required tax reports, including W-2s, 941s, and other relevant documents
Generate and analyze reports to ensure accuracy and compliance with tax regulations
Complete monthly and quarterly state tax reconciliations and reports
Optimize tax strategies and savings, and leverage tax incentives and credits
Generate and distribute various payroll reports to management and other departments as needed
Prepare and present payroll tax related metrics and data for analysis and strategic decision-making
Advisory Role:
Advise management and staff on payroll tax-related matters
Provide guidance on the implications of payroll tax changes and their impact on the organization
Advise HR management on wage and hour and time off regulation changes
System Management:
Manage payroll tax software and systems, ensuring they are updated and functioning correctly
Implement and test system updates and changes related to payroll tax
Coordinate with payroll service providers, third-party vendors, and external consultants as needed
The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required. Other duties may be assigned as required
Requirements
Minimum Qualifications:
Education and Experience
A bachelor's degree in accounting, finance, or related field (or equivalent work experience)
5 to 8 years of experience in payroll tax administration in a multi-state environment
Certification/license: certified payroll professional (CPP) credential preferred
Knowledge, Skills and Abilities:
Must be willing to travel 15-25% (1-2 times per quarter)
Strong knowledge of federal, state, and local tax laws and regulations
Proficient in using payroll software and systems, as well as Microsoft Excel and other tools
Strong ability to research, analyze, and interpret tax rules and regulations, and apply them to specific payroll scenarios
Ability to prepare, review, and file accurate and timely tax returns, reports, and payments, and maintain proper documentation and records
Ability to monitor and update tax rates, codes, and policies, and communicate them to the payroll team and other stakeholders
Ability to register the company in new federal, state and local jurisdictions
Ability to identify and resolve tax issues and discrepancies and respond to tax inquiries and audits
Ability to provide guidance and training to the payroll team and other stakeholders on tax-related issues and best practices
Ability to collaborate and coordinate with internal and external partners, such as HR, finance, legal, and tax authorities
Ability to work independently and proactively, with high level of attention to detail and accuracy
Ability to handle confidential and sensitive information with discretion and integrity
An Equal Opportunity Employer