Lead, Payroll Tax

Financial Industry Regulatory Authority, Inc.; Rockville (MD); Hybrid; USD 97,000 - 173,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Paid time off

Job summary

Financial Industry Regulatory Authority, Inc. is seeking a Payroll Tax Lead in Rockville, MD. The role oversees payroll tax compliance across federal, state, and local levels in a multi-state hybrid work environment.

You will serve as the primary resource for moderately complex employment tax matters and coordinate with stakeholders and third-party providers. The position requires a Bachelor's degree in Accounting or Finance and at least six years of relevant experience, with strong knowledge of

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field required.
• At least 6 years of multi-jurisdictional payroll and payroll tax compliance experience.
• Advanced knowledge of federal, state, and local employment tax requirements and payroll tax processes.

Responsibilities

• Independently manage federal, state, and local payroll tax compliance across multiple jurisdictions.
• Own quarter-end and year-end payroll tax activities and W-2 processing tasks.
• Coordinate annual payroll tax filing activities and respond to audit requests.

Skills

Payroll tax compliance

Tax research

Multi-state withholding

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Workday Payroll

ADP/Smart Compliance

Job description

Lead, Payroll Tax### Lead, Payroll TaxApply: Rockville, MD (Job Posting): Full time: Posted Today: R-010361The Payroll Tax Lead independently manages payroll tax compliance and related deliverables across federal, state, and local jurisdictions in a multi-state hybrid work environment. The role serves as the Payroll team’s primary resource and first escalation point for moderately complex employment tax matters, applying strong knowledge and judgment to resolve issues, identify compliance risks, recommend improvements, and coordinate solutions with internal stakeholders, third-party providers, and taxing authorities. The position escalates novel, high-risk, or policy-setting matters to Payroll management.**Essential Job Functions:** **Payroll Tax Compliance*** Independently manage federal, state, and local payroll tax compliance, including withholding, unemployment, tax accounts, employee tax treatment, and multi-state and local tax setups.* Own validation of payroll tax files and resolution of exceptions to ensure accurate and timely remittance and filing; coordinate required funding with the Cash team.”* Manage payroll tax correspondence, registrations, agency notices, compliance follow-up, and complex employee tax inquiries through resolution.* Independently analyze and resolve moderately complex payroll tax issues, including multi-jurisdictional withholding, employee work-location changes, tax exceptions, agency discrepancies, and system configuration concerns; perform variance analysis, compliance reviews, Workday tax adjustments, root-cause research, and escalate novel, high-risk, or precedent-setting matters to Payroll leadership.* Monitor payroll tax law changes, assess impacts to FINRA employees and operations, recommend required configuration or process updates, and coordinate implementation of approved changes with the Payroll management and appropriate stakeholders.* Own quarter-end and year-end payroll tax activities, including reconciliations, ADP/Smart Compliance coordination, reciprocity review, fringe benefit analysis, W-2 processing, and W-2-C corrections.* Coordinate annual payroll tax filing activities and serve as the primary Payroll resource for tax-related audit requests, resolving routine matters and escalating material issues to Payroll management.* Corporate Tax Cross-Functional Responsibilities* Manage compensation-related analysis and reporting, including Form 990, Form 4720, taxable fringe benefit analysis, and related imputation adjustments.* Analyze employee data and perform state and local regulatory reporting and filings, including programs such as environmental impact and parking cash-out requirements. **General Payroll** * Analyze biweekly multi-state payroll results and support processing activities with tax impacts, including retroactive transactions, employee changes, and exception review.* Lead defined payroll-tax projects and the payroll-tax workstream for system upgrades, enhancements, and user acceptance testing, including evaluation of tax configuration, reporting, controls, and compliance impacts.* Manage payroll-tax SOPs and identify, recommend, and implement approved improvements to payroll-tax processes, controls, reporting, and system configurations.* Provide backup payroll support as needed.* Provide technical guidance, training, and work support to payroll team members on payroll tax procedures, compliance requirements, and issue resolution, without formal people-management responsibility. **Financial Reporting and External Department Support*** Prepare payroll GL reconciliations and journal entries, respond to ad hoc payroll tax data requests, and support ICM control testing.* Coordinate payroll-tax audit requests, validate supporting documentation, resolve routine inquiries, track responses through completion, and escalate material findings to Payroll management.* Demonstration of FINRA’s values.* Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.**Education/Experience Requirements:*** Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education and experience, and six (6) years of directly applicable multi-jurisdictional payroll and payroll tax compliance experience* Advanced knowledge of federal, state, and local employment tax requirements, multi-jurisdictional withholding, payroll tax compliance, and related operational practices* Workday Payroll processing experience required; ADP/Smart Compliance experience strongly preferred* Strong analytical, research, and problem-solving skills; capable of conducting thorough tax research and communicating findings and recommendations* Exemplary verbal and written communication and customer service skills* Proficiency with Microsoft Excel, Word, and electronic tax research tools* Ability to self-direct and manage multiple priorities simultaneously in a deadline-driven environment **Work Conditions:*** Hybrid work environment, with defined in-person presence requirements* Extended hours as needed For work that is performed in CO, CT, IL, PA, MA, MD, VA, WA, DC, NY, NJ, WA please refer to the chart below for the salary range for the corresponding location. FINRA complies with all state and local pay transparency laws and regulations requiring the disclosure of salary ranges for the position. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and market considerations. Boston, MA: $96,600 - $172,800Chicago, IL: $92,400 - $165,300Denver, CO: $83,900 - $150,300Jericho, NY: $96,600 - $172,800Jersey City, NJ: $100,800 - $180,400Philadelphia, PA: $92,400 - $165,300New York, NY: $100,800 - $180,400Rockville, MD: $96,600 - $172,800Tysons, VA: $96,600 - $172,800Washington, DC: $96,600 - $ 172,800Woodbridge, NJ: $96,600 - $172,800Connecticut State: $83,900 - $180,400Washington State: $83,900 - $180,400 #LI-Hybrid**To be considered for this position, please submit an application.** **Applications are accepted on an ongoing basis.** *The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.* ***Please note: If the “Apply Now” button on a job board posting does not take you directly to the FINRA Careers site, enter www.finra.org/careers into your browser to reach our site directly.*** Employees may be eligible for a discretionary bonus in addition to base pay. Non-exempt employees are also eligible for overtime pay in accordance with federal, state, or local law. As part of its dedication to employee wellness, FINRA provides comprehensive health, dental and vision insurance. Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal. FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement, commuter benefits, and other benefits that support employee wellness, such as adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs. Time Off and Paid Leave\\* FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program starting at 15 days of paid time off (increasing with years of service, up to 25 days), 5 personal days, and 9 sick days, unless otherwise required by law (all pro-rated in the first year). Additionally, we are proud to support our communities by providing two volunteer service days (based on full-time schedule). Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment). Full-time employees receive nine paid holidays. \\*Based on full-time schedule