Senior Payroll Tax Analyst

Ameriprise Financial Services, LLC; Minneapolis (MN); On-site; USD 65,000 - 89,000; Full time

Job summary

A forward-thinking company is seeking a Senior Payroll Tax Analyst to oversee payroll and tax reporting processes across multiple jurisdictions. In this pivotal role, you will ensure compliance with federal and state tax laws, manage payroll adjustments, and collaborate with external vendors to resolve complex issues. Your expertise will guide payroll specialists and contribute to significant projects, including year-end processes. Join a dynamic team dedicated to fostering meaningful careers and making a global impact in the financial services sector. This is an exciting opportunity to elevate your career while ensuring accuracy and compliance in payroll operations.

Benefits

401(k) Plan

Health Insurance

Dental Insurance

Life Insurance

Vacation

Sick Leave

Qualifications

• 3+ years of experience in payroll matters including tax reporting.
• Strong research and troubleshooting skills in a fast-paced environment.

Responsibilities

• Audit and balance payroll-related activities and tax reporting.
• Lead processing of tax payments and resolve discrepancies.

Skills

Research Skills

Troubleshooting Skills

Payroll Adjustments

Prioritization

Education

Bachelor's Degree

Tools

Workday Payroll

Job description

Join to apply for the Senior Payroll Tax Analyst role at Ameriprise Financial Services, LLC.

The Senior Payroll Tax Analyst will own the processes to audit and balance all payroll-related activities and tax reporting to ensure compliance with Federal, State, and local tax jurisdictions across 12 legal entities and all 50 states. Serve as a subject matter expert for complex payroll tax issues and lead research and resolution of discrepancies and escalations in partnership with outside vendors. Maintain knowledge of legislative changes impacting taxation and reporting. Lead responses to tax escalations and work with payroll specialists and the call center. Review employee tax data for accuracy.

Key Responsibilities

1. Balance payroll and tax reporting processes independently and resolve issues as needed.
2. Lead processing of tax payments outside vendor responsibilities.
3. Ensure all balancing complies with SOX controls and serve as an escalation point for G&L account reconciliation issues. Collaborate with Finance to research and correct open items.
4. Audit employee data and processes to correct tax setups. Partner with HR Systems to address system issues impacting taxation or employee records. Manage State Tax Mobility processing through direct communication with employees and contribute to annual state mobility events. Guide India-based Payroll Specialists on taxation issues and implement process changes for compliance.
5. Respond to legislative changes by collaborating with third-party administrators like ADP and jurisdiction authorities for complex issues. Lead corrections to wage and tax information based on audits and tax rules.
6. Participate in the annual payroll year-end process and other key payroll projects.
7. Stay current on industry changes, advise plan owners on taxation and reporting requirements, and coordinate system and process updates.
8. Assist with bi-weekly payroll processing when necessary.

Required Qualifications

• Bachelor's Degree or equivalent
• 3+ years of relevant experience
• Experience handling various payroll matters including equity awards, payroll adjustments, etc.
• Strong research and troubleshooting skills
• Ability to prioritize in a fast-changing environment
• Experience working with external payroll vendors

Preferred Qualifications

• Certified Payroll Professional (CPP) designation
• Knowledge of payroll tax laws at federal and multi-state levels
• Experience with federal, state, and local payroll tax reporting
• Experience with Workday payroll and outsourced services
• Experience in a global organization

About Our Company

We’re a diversified financial services leader managing over $1 trillion in assets as of 2022, with a global team of 20,000 across more than 20 countries. We advise and manage assets for over 2 million clients, offering financial planning, asset management, and insurance services. We foster meaningful careers, invest in the future, and aim to make a difference worldwide.

Compensation & Benefits

The estimated base salary is $65,400 - $88,200 annually, with potential bonuses and incentives. We offer comprehensive benefits including vacation, sick leave, 401(k), health, dental, and life insurances.

Equal Opportunity Statement

Ameriprise Financial is an equal opportunity employer, considering all qualified applicants regardless of race, color, religion, sex, national origin, age, sexual orientation, disability, veteran status, or other protected categories.

Job Details

• Full-time
• Exempt
• Line of Business: HR Human Resources
• Seniority Level: Mid-Senior level