PAYROLL FINANCIAL ANALYST I/II

Knife River; Bismarck (ND); On-site; USD 55,000 - 75,000; Full time

Job summary

Knife River Corporation, located in Bismarck, ND, seeks a Payroll Financial Analyst to ensure compliance with payroll regulations, prepare tax filings, and maintain payroll records with strong internal controls ensuring data integrity.

The role requires a Bachelor’s degree in business, accounting, finance, or related field, and 1–4+ years of payroll processing and financial analysis experience. Proficiency in Excel and payroll software is essential.

Qualifications

• Bachelor’s degree in business, accounting, finance, human resources, or related field.
• 1–4+ years of experience in payroll processing, tax filings, and financial analysis.
• Knowledge of applicable payroll laws and regulations.
• Familiarity with payroll systems (Payroll Software).
• Ability to analyze financial data and generate reports.
• Understanding of accounting principles and practices.
• Microsoft Excel for data analysis and reporting.
• Ensuring accuracy in payroll processing and financial reporting.
• Identifying and resolving discrepancies in payroll data.
• Clear and effective communication with team members.
• Handling sensitive payroll information with discretion.
• Managing multiple tasks and deadlines efficiently.
• Prioritizing tasks to ensure timely payroll processing and reporting.

Responsibilities

• Payroll Processing: Ensure accurate and timely processing of federal, state, and local payroll taxes and reporting.
• Compliance: Maintain compliance with payroll regulations.
• Financial Reporting: Prepare and analyze payroll-related financial reports.
• Data Analysis: Analyze payroll data to identify trends, discrepancies, and areas for improvement.
• Reconciliation: Reconcile payroll accounts and resolve discrepancies.
• Process Improvements: Participate in standardization of payroll systems and software.
• Audit Support: Provide support during audits.
• Data Requests: Respond to non-routine data requests or create ad hoc reports.
• Research: Research payroll law and apply knowledge to business practices and system setup.

Skills

Payroll processing

Financial analysis

Data analysis

Attention to detail

Problem-solving

Communication

Time management

Prioritization

Confidentiality

Education

Bachelor’s degree in business, accounting, finance, human resources, or related field

Tools

Excel

Payroll software

Job description

At Knife River, we take care of our team because we know it’s our people who make us successful. We are one of the 10 largest construction materials producers/contractors in the Country, and we are a PEOPLE-first company. Our team members are the key to our success, and we are committed to giving them the tools, training, and time to do their jobs productively and safely each day. Our goal is to build strong teams that, in turn, build strong communities. We are also a publicly traded company on the NYSE with the ticker symbol KNF and part of the S&P MidCap 400 index.

The Payroll Financial Analyst (Level is dependent on years of experience) is responsible for ensuring compliance with federal, state, and local payroll regulations and company policies. The role involves preparing payroll tax filings, payroll tax deposits, benefit funding/contribution reporting, maintaining payroll records, and reconciling payroll related accounts resulting in accurate financial reporting and sound internal controls ensuring data integrity.

This position is located in Bismarck, ND.

Education and/or work experience requirements:

• Education:Bachelor’s degree in business, accounting, finance, human resources, or a related field.
• Experience:1-4+ years of experience in payroll processing, tax filings, and financial analysis.
• Skills:Knowledge of applicable payroll laws and regulations.
• Payroll Software Proficiency: Familiarity with payroll systems
• Financial Analysis: Ability to analyze financial data and generate reports.
• Accounting Knowledge: Understanding of accounting principles and practices.
• Excel Expertise: Knowledge in Microsoft Excel for data analysis and reporting.
• Attention to Detail: Ensuring accuracy in payroll processing and financial reporting.
• Problem-Solving: Identifying and resolving discrepancies in payroll data.
• Communication: Clear and effective communication with team members.
• Confidentiality: Handling sensitive payroll information with discretion.
• Customer Service: Providing support and assistance to employees and companies regarding payroll inquiries.
• Time Management: Managing multiple tasks and deadlines efficiently.
• Prioritization: Prioritizing tasks to ensure timely payroll processing and reporting.

Preferred Qualifications:

• Certifications:FPC or CPP certification is a plus.

Job Responsibilities:

• Payroll Processing:Ensure accurate and timely processing of federal, state, and local payroll taxes and reporting.
• Compliance: Maintain compliance with federal, state, and local payroll regulations.
• Financial Reporting: Prepare and analyze payroll-related financial reports.
• Data Analysis: Analyze payroll data to identify trends, discrepancies, and areas for improvement.
• Reconciliation: Reconcile payroll accounts and resolve any discrepancies.
• Process Improvements and Standardization: Actively participate in process improvements and standardization of payroll systems and software.
• Audit Support: Provide support during internal and external audits.
• Data Requests:Respond to non-routine data requests or create ad hoc reports.
• Research:Research payroll law and apply knowledge to business practices and system set-up.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.