Payroll Analyst

TSMC - Taiwan Semiconductor Manufacturing Company Limited; Arizona; On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Comprehensive health benefits

401(k) retirement savings plan

Competitive paid time-off programs

Job summary

A leading semiconductor manufacturing company in Phoenix is seeking a detail-oriented Payroll Analyst to manage payroll processing and ensure compliance with payroll laws. Candidates should have a Bachelor's degree in Accounting or Finance and strong analytical skills. This role involves processing payroll transactions and maintaining payroll records while supporting audits. Competitive benefits and a commitment to diversity included.

Qualifications

• Bachelor's degree required; Master's degree is a plus.
• Knowledge of payroll functions including preparation, balancing, internal control, and payroll taxes.
• Ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

• Process semi-monthly and bi-weekly payroll transactions including salaries and taxes.
• Ensure compliance with federal, state, and local payroll laws and best practices.
• Perform analysis and reconciliation for accuracy and compliance.

Skills

Strong analytical and numerical skills

Excellent organizational skills

Proficiency with Microsoft Office (Excel, Word, PowerPoint)

Understanding of accounting fundamentals

Education

Bachelor’s degree in Accounting, Finance or related field

Job description

Position: Payroll Analyst

A job at TSMC Arizona offers an opportunity to work at the most advanced semiconductor fab in the United States. TSMC Arizona’s first fab will operate its leading-edge semiconductor process technology (N4 process), starting production in the first half of 2025. The second fab will utilize its leading edge N3 and N2 process technology and be operational in 2028. The recently announced third fab will manufacture chips using 2nm or even more advanced process technology, with production starting by the end of the decade. America’s leading technology companies are ready to rely on TSMC Arizona for the next generations of chips that will power the digital future.

TSMC is seeking a detail-oriented Payroll Analyst to ensure the accurate and timely processing of employee payroll while maintaining compliance with applicable laws and company policies. This role involves analyzing payroll data, resolving discrepancies, preparing reports, and supporting audits. The Payroll Analyst will collaborate closely with HR and Finance teams to streamline payroll operations, address employee inquiries, and contribute to the continuous improvement of payroll processes.

Responsibilities:

• Process semi-monthly and bi-weekly payroll transactions including salaries, shift premiums, benefits, garnishments, taxes, deductions, G/L entries, tax position changes, and adjustments.
• Ensure accurate and timely processing of payroll updates, including new hires, terminations, pay class, time zone, and rate changes.
• Prepare and maintain accurate payroll records and reports. Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices.
• Perform analysis and reconciliation to ensure accuracy and compliance with company policies and regulatory requirements.
• Facilitate audits by providing records and documentation to auditors.
• Perform other duties as assigned.

Minimum Qualifications/Requirements

Education: Bachelor’s degree in Accounting, Finance, Tax, or a related field required; Master’s degree is a plus.

Technical Skills: Knowledge of the payroll function including preparation, balancing, internal control, and payroll taxes. Proficiency with Microsoft Office (Excel, Word, PowerPoint).

Interpersonal Skills

• Strong analytical and numerical skills with high attention to accuracy.
• Excellent organizational skills and great attention to detail.
• Understanding of accounting fundamentals.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong problem analysis skills and ability to develop effective solutions.

Candidates must be willing and able to work on-site at our Phoenix Arizona facility.

As a valued member of the TSMC family, we place a significant focus on your health and well-being. When you are at your best-physically, mentally, and financially-our company is at its best. We offer a comprehensive and competitive benefits program that provides the resources you need to help you manage your health and achieve your goals across many areas of your life. This includes a variety of medical, dental and vision plan offerings you can choose from that best fit your and your family’s needs. Additionally, TSMC provides income-protection programs to financially assist you should you experience an injury or illness, and a 401(k)-retirement savings plan to help you secure your financial future. TSMC also offers competitive paid time-off programs and paid holidays allowing you to recharge and spend time with your family and loved ones.

Work Location: 5088 W. Innovation Circle, Phoenix, AZ 85083

TSMC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic. We encourage all qualified individuals to apply, and we welcome applications from individuals with diverse backgrounds and experiences. Candidates must be able to perform the essential functions of the job with or without a reasonable accommodation. If you need a reasonable accommodation as part of this application process, please contact [e-mail].