Payroll Tax Analyst

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more.

All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The System Payroll department has an immediate opening for a Tax Analyst.

In this role, you will be responsible for administering day-to-day payroll tax processing which includes maintaining and auditing all tax related tasks in Workday for assigned Districts across the Federal Reserve System (approximately 21,000 employees).

You will be responsible for processing semimonthly payroll taxes for moderately complex payrolls while ensuring compliance with Federal, State and Local regulations, including multi-state taxes.

You will act as a liaison with service providers for tax filings and invoice reconciliations and will respond to questions and special requests from internal departments, Reserve Banks, employees, ADP, and tax authorities.

You will provide consultation to customers by performing research and analysis of data to solve problems of varying complexity.

As needed, you may support other areas of the department and perform project work.

This role will report to the System Payroll Senior Manager.

What You Will Do:


* Use Workday and ADP SmartCompliance to ensure the accuracy of payroll taxes, verifying tax data integrity and analyzing tax performance.


* Ensure tax compliance; complete tax audits; ensure accurate and timely set-ups, deposits, and filings for taxes; research and resolve tax notifications; process and reconcile Forms W-2, W-2 Correction, and 941.


* Identify, troubleshoot, and resolve tax issues, ensuring that process improvements are implemented.


* Perform complex analysis of major business issues and proactively search for and recommend sustainable solutions utilizing established methodology and tools.


* Review, compile and analyze detailed and complex statistics and data for major business issues, providing guidance and collaboration in completing analysis, information, or process mapping.


* Build relationships with key stakeholders by assessing, evaluating, and fully understanding the needs and requirements of each District.

Partner with key stakeholders to address business needs and issues proactively.


* Lead process improvement proje...