Payroll Tax Analyst

McKesson; The Woodlands (TX); On-site; USD 60,000 - 100,000; Full time

Benefits offered by this job

McKesson Equal Opportunity Employer

Job summary

McKesson is seeking a Payroll Tax Analyst to ensure tax compliance, prepare W-2s and W-2Cs, and manage wage adjustments. You will research agency notices, setup tax elections, and coordinate with the Tax Coordinator, while handling quarterly reports and reciprocal agreements in a fast-paced, multi-state environment.

The role requires 2+ years of payroll tax experience, strong analytical skills, and proficiency with Workday and ADP SmartCompliance.

Qualifications

• 2+ years of payroll tax experience.
• USA multi-state payroll tax knowledge is preferred.
• Knowledge of Workday and ADP SmartCompliance preferred.
• Ability to manage and prioritize responsibilities with short deadlines.
• Ability to work overtime as needed.
• Strong analytical skills and attention to detail.
• Customer-oriented with strong problem-solving and communication skills.
• Proficient in Microsoft Office applications.

Responsibilities

• Ensure compliance with payroll tax filings and related regulatory requirements; balance quarterly filings and tax jurisdictions.
• Ensure accurate employee wage and tax statements (W-2s) and prepare W-2C documentation.
• Process wage and tax adjustments and research agency notices and tax elections; coordinate with Tax Coordinator.
• Enter adjustments into Workday for W-2 Error report and related items; assist with visa tax requirements.
• Maintain state reciprocal agreements, audit home and work location tax setups, and perform regular audits.
• Provide timely resolution for payroll tax discrepancies and escalations; support M&A tax setup activities.

Skills

Payroll tax

Analytical skills

Attention to detail

Written and verbal communication

Microsoft Office

Problem solving

Customer oriented

Education

Degree or equivalent

Tools

Workday

ADP SmartCompliance

Microsoft Excel

Outlook

Word

Job description

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Responsible for ensuring compliance with all payroll tax related governmental, regulatory, and legislative requirements through quarterly balancing of payroll tax filings and tax jurisdictions through researching and resolving differences with taxing agencies; collecting refunds when applicable.

Ensuring accurate employee wage and tax statements (W2’s)

Prepares the W2C documentation and completes W2C spreadsheet for any tax related issues including but not limited to tax incompliance, multi-state employees, address changes, transfers and payroll tax election changes.

Processes wage and tax adjustments to state income tax withholding, state unemployment, federal, FICA, locals, etc.

Research prior quarter and prior year entries and adjustments, working closely with the Senior Payroll Tax Analyst.

Ensures compliance with all payroll tax related governmental, regulatory, and legislative requirements at the employee level through tax election set ups for new hires, transfers, job changes and regular audits in Workday.

Responsible for the research and follow up on agency notices, W-2C’s and related correspondence and notifications to and from government agencies. Provides guidance on Power of Attorney forms, updating contact and mailing information with agencies, ADP, Equifax, internal and external customers to the Payroll Tax Coordinator. Typically working with moderate guidance.

Handles the entries associated with the quarterly error and adjustment reports needed for quarterly processing. Entering wage and tax adjustments into Workday for W-2 Error report, Negative Wage and Tax report, Employee Visa related issues, state reciprocal issues, working closely with the Senior Payroll Tax Analyst.

Responsible for Visa tax requirement compliance including but not limited to obtaining required supporting documentation, processing wage and tax adjustments and communication with the customer.

Responsible for the set up and maintenance associated with state reciprocal agreements through regular audits validating home and work location tax set up, researching, and providing tax election changes to Tax Coordinator for entry through regularly scheduled audits.

Provides accurate and timely resolution for moderately complex payroll tax related discrepancies regarding paycheck earnings and deduction taxation, W2 explanations, payroll tax related escalations, military exemptions, etc.

Contributes to M&A projects through providing new account set ups, bank forms, authorization forms, guidance on Power of Attorney and other misc. forms to the Tax Coordinator for completion. Responsible for ensuring set up of final M&A information has been completed.

Back up support for logging, scanning and uploading all incoming and outgoing mail, as well as the Payroll Tax Mailbox.

Minimum Job Qualifications (Knowledge, Skills, & Abilities):

• Degree or equivalent and typically requires 2+ years of payroll tax experience

Preferred:

• 2+ years in payroll tax compliance focused in USA in a large multistate environment
• Knowledge of Workday and ADP SmartCompliance preferred
• Ability to manage and prioritize various responsibilities with competing, short deadlines
• Ability to work overtime as needed
• Very strong analytical skills and attention to detail
• Customer-orientated with strong ability for trouble shooting and issue resolution
• Strong written and verbal communication skills
• Proficient using Microsoft Office applications: Excel, Outlook and Word

Our Base Pay Range for this position

$59,900 - $99,800

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) [e-mail] or (Canada) [e-mail]. Resumes or CVs submitted to this email box will not be accepted.

Join us at McKesson!