Sr Payroll Tax Analyst

Somatus - Revolutionizing Kidney Care; Virginia (MN); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading kidney care company seeks a Sr Payroll Tax Analyst responsible for managing payroll tax compliance and ensuring accurate reporting. This role involves collaborating with various departments to maintain compliance and improve payroll processes, suited for detail-oriented professionals excited to contribute to patient care enhancements.

Benefits

Subsidized Healthcare coverage

Flexible Paid Time Off (PTO)

Professional Development and Tuition Reimbursement

Curated Wellness Benefits

Community engagement opportunities

Qualifications

• Bachelor’s degree required.
• Previous payroll accountant experience preferred.
• Strong knowledge of payroll tax compliance.

Responsibilities

• Balance and validate payroll taxes bi-weekly.
• Ensure compliance with payroll tax laws.
• Support payroll audits and process improvements.

Skills

Attention to detail

Computational ability

Data analysis

Team player

Education

Bachelor’s degree in accounting or Finance

Tools

MS Office (advanced Excel)

Job description

Overview

As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home.

It takes a village of passionate and tenacious innovators to revolutionize an industry and support individuals living with a chronic disease to fulfill our purpose of creating More Lives, Better Lived. Does this sound like you?

Showing Up Somatus Strong

We foster an inclusive work environment that promotes collaboration and innovation at every level. Our values bring our mission to life and serve as the DNA for every decision we make:

• Authenticity:We believe in real dialogue. In any interaction, with patients, partners, vendors, or our teammates, we are true to who we are, say what we mean, and mean what we say.
• Collaboration:We appreciate what every person at Somatus brings to the table and believe that together we can do and achieve more.
• Empowerment:We make sure every voice gets heard and all ideas are considered, especially when it comes to our patients’ lives or our partners’ best interests.
• Innovation:We relentlessly look for ways to improve upon the status quo to continuously deliver new solutions.
• Tenacity:We see challenges as opportunities for growth and improvement — especially when new solutions will make a difference for our patients and partners.

Showing Up for You

We offer more than 25 Health, Growth, and Wealth Work Perks to help teammates learn, grow, and be the best version of themselves, including:

• Subsidized, personal healthcare coverage (medical, dental vision)
• Flexible Paid Time Off (PTO)
• Professional Development, CEU, and Tuition Reimbursement
• Curated Wellness Benefits supporting teammates physical and mental well-being
• Community engagement opportunities
• And more!

The Sr Payroll Tax Analyst will be responsible for Payroll tax reporting, employees’ tax setup, payroll tax compliance with governmental laws (registration/filing/payment of state withholding tax, unemployment etc.,), analysis, auditing and year end activities to ensure accurate and timely reporting of W-2, and tax filings. Successful candidate will support process improvement initiatives within payroll and assist with the general ledger coding into NetSuite.

The Sr Payroll Tax Analyst will act as the subject matter tax expert and work directly with employees, various managers across the company and answer to the employees’ enquiries related to payroll taxes.

Responsibilities

• Balance and validate bi-weekly payroll taxes for payroll tax reconciliation
• Ensure compliance with governmental laws on payroll accounting and taxes
• Ensure accuracy of payroll tax set up for new hires and correct tax records as necessary
• Ensure proper registrations of state withholding taxes/state unemployment insurance /county and other local taxes for new locations and FEINs
• Work with payroll service provider to ensure proper tax setup, payments and reconcile with tax filings, and accurate tax amendments
• Make corrections to state/federal tax profiles set up with tax services
• Answer employee questions concerning payroll taxes
• Keep track and respond to agency letters
• Attend Chapter Meetings, Year-End Webinars, and ADP sponsored conferences to continue education and remain current on all applicable federal and state tax legislation.
• Support bi-weekly payroll and complete payroll reconciliation as needed
• Participate in all payroll-related audits
• Continually review, execute and recommend process improvements to enhance, promote effectiveness, efficiency, and precision
• Perform other payroll operations duties, as assigned

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Qualifications

• Bachelor’s degree in accounting, Finance, or relevant field
• Previous experience as a payroll accountant or in a similar role
• Strong expertise in local and governmental rules about payroll taxes and payroll compliance
• Excellent knowledge of MS Office, especially advanced level Excel skills
• Great computational ability and ability to analyze large data sets
• Attention to detail
• Ability to adapt and work as a team player in a fast- growing environment
• Support process improvement initiatives
• Responds to internal/annual audit requirements
• Highly organized and able to manage time effectively

Preferred

• Knowledge of health care industry, especially kidney care industry
• Payroll tax compliance experience in a publicly traded company
• A valid national payroll certification (e.g. Fundamental Payroll Certification)

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.