Senior Employment Tax and Payroll Analyst

TSMC - Taiwan Semiconductor Manufacturing Company Limited; Phoenix (AZ); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Plans

401(k) Retirement Savings Plan

Paid Time-Off Programs

Income-Protection Programs

Job summary

TSMC - Taiwan Semiconductor Manufacturing Company Limited in Phoenix, Arizona is looking for a Principal Employment Tax and Payroll Analyst to manage payroll processes across multiple entities. The ideal candidate will ensure compliance with IRS regulations, handle complex payroll transactions, and maintain accurate payroll records.

This role requires a strong analytical mindset, extensive experience in tax regulations, and the ability to work collaboratively in a fast-paced environment with HR, Finance, and Accounting teams.

Qualifications

• 6 years’ experience in employment tax or similar fields.
• Strong understanding of U.S. tax residency rules.
• Ability to work effectively with payroll platforms.

Responsibilities

• Manage compliance with IRS regulations for multi-entity payroll.
• Process and analyze payroll data while ensuring accuracy.
• Address and resolve employee inquiries related to taxes.

Skills

IRS regulations research

Payroll functions expertise

Analytical skills

Attention to detail

Microsoft Excel proficiency

Customer service orientation

Cross-functional teamwork

Education

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

Master’s degree (preferred)

Tools

ADP

Workday

Job description

Principal Employment Tax and Payroll Analyst

TSMC Arizona’s first semiconductor fabrication facility will employ the Principal Employment Tax and Payroll Analyst to manage multi‑entity payroll, ensuring complete compliance with IRS regulations and company policies. The role requires high integrity, analytical rigor, and collaboration across HR, Finance, and Accounting.

Job Description

This role is responsible for accurate and compliant processing of multi‑entity payroll, ensuring adherence to IRS regulations, including FICA tax withholding and fringe benefit taxability. Key duties involve processing a wide range of payroll transactions, performing detailed reconciliations, and addressing employee inquiries related to complex tax situations. The specialist will also maintain meticulous payroll records, support audits, and actively research and implement tax law changes to ensure continuous compliance.

Responsibilities

• Ensure accurate FICA tax withholding and compliance with IRS regulations for employees with multi‑entity payroll reporting.
• Provide guidance on IRS regulations concerning compensation, including fringe benefits, assignment benefits, and taxability.
• Process semi‑monthly and bi‑weekly payroll transactions, including salaries, shift premiums, benefits, garnishments, taxes, deductions, general ledger (G/L) entries, tax position changes, and adjustments.
• Perform analysis and reconciliation of payroll data to maintain compliance with company policies and regulatory requirements, including W‑2 reconciliations, monthly allowances, imputed income, shadow payroll for foreign country payroll, benefit deductions, and leave of absence compensation.
• Address employee inquiries related to split payroll reporting, U.S. individual income tax rules, and payroll reporting for U.S. persons and foreign nationals.
• Ensure accurate and timely processing of payroll updates, such as new hires, terminations, pay classifications, time zones, and rate changes.
• Prepare and maintain accurate payroll records and reports while ensuring compliance with federal, state, and local payroll, wage, and hour laws.
• Facilitate audits by providing payroll records, tax filings, and other documentation to auditors.
• Research and interpret payroll tax laws and regulatory changes to maintain ongoing compliance.
• Investigate and resolve payroll tax variances, out‑of‑balance conditions, and filing discrepancies.
• Support payroll‑related systems, including configuration updates, troubleshooting, testing, and integration with HR/Payroll platforms.

Minimum Qualifications/Requirements

• Education and Experience:
• Bachelor’s degree in Accounting, Finance, Tax, or a related field.
• 6 years’ experience in employment tax, global mobility tax, expatriate tax, or international individual income tax.
• Technical Skills:
• Strong ability to research IRS regulations related to individual income tax and employment tax.
• Comprehensive knowledge of U.S. tax residency rules and their implications for payroll reporting for employees on assignment.
• Expertise in payroll functions, including preparation, balancing, internal controls, and payroll taxes.
• Advanced proficiency in Microsoft Excel.
• Strong computer skills and the ability to work effectively with payroll platforms such as ADP, Workday, or similar systems.
• Interpersonal Skills:
• Outstanding customer service orientation with responsiveness and ownership of tasks through completion.
• Strong analytical and numerical skills with meticulous attention to accuracy.
• Excellent organizational skills and ability to handle multiple priorities in a fast‑paced environment.
• Solid understanding of accounting fundamentals.
• Strong problem‑solving skills with the ability to develop effective solutions.
• Ability to work collaboratively with cross‑functional teams, including HR, Finance, and Accounting.
• Effective written and verbal communication skills.
• Ability to work with the Headquarters team in a UTC+8 time zone when necessary; Mandarin proficiency is a plus.
• Flexibility to meet tight deadlines, including during holiday schedules.
• Team player with a proactive and adaptable mindset.

Preferred Qualifications/Requirements

• Master’s degree in Accounting, Finance, Tax, or a related field.
• 3+ years’ experience working in a Big 4 firm.
• Relevant certifications such as US CPA or CPP.

Physical Requirements

• Primarily an office‑based role requiring the ability to sit for extended periods of time while working at a computer.
• Ability to use a computer, keyboard, mouse, and other standard office equipment for prolonged periods of time.
• Ability to occasionally stand, walk, reach, bend, and carry light objects.
• May require occasional travel to company sites or other meetings that involve walking through office, industrial or construction environments.
• Standard work hours: Monday through Friday (onsite required). 

Benefits

• Medical, Dental, and Vision Plans: Choose the options that best fit your and your family’s needs.
• Income‑Protection Programs: Financial assistance during injury or illness.
• 401(k) Retirement Savings Plan: Secure your financial future with competitive employer contributions.
• Paid Time‑Off Programs and Holidays: Recharge and spend quality time with loved ones.

Equal Opportunity Statement

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.

TSMC Arizona maintains the right to change or assign other duties to this position.

All offers of employment are contingent upon the successful completion of TSMC Arizona’s pre‑employment screening process. This process may include verifying the candidate’s identity, confirming legal authorization to work in the offered position’s location, educational background, and a comprehensive background check, where permitted by local regulations.