Payroll Tax Accountant

Job title
Payroll Tax Accountant

About Sagility

Sagility combines industry-leading technology and transformation-driven BPM services with decades of healthcare domain expertise to help clients draw closer to their members.

The company optimizes the entire member/patient experience through service offerings for clinical, case management, member engagement, provider solutions, payment integrity, claims cost containment, and analytics.

Sagility has more than 25,000 employees across 5 countries.

Job title:

Payroll Tax Accountant

Job Description:

We are currently looking for a meticulous and detail-orientated Payroll Tax Administrator.

The Payroll Tax Administrator is responsible for managing payroll tax compliance and reporting functions within the organization.

They ensure accurate and timely payment of payroll taxes while maintaining compliance with federal, state, and local tax laws and regulations.

Key responsibilities:  

 


* Ensure compliance with federal, state, and local payroll tax laws, regulations, and reporting requirements.


* Calculate, withhold, and remit payroll taxes, including income tax, Social Security, Medicare, and unemployment taxes.


* Monitor changes in tax laws and regulations and implement necessary updates to payroll systems and processes.


* Prepare and file payroll tax returns, forms, and filings accurately and on time, including quarterly and annual tax reports.


* Reconcile payroll tax liabilities and payments to ensure accuracy and completeness.


* Respond to tax notices and inquiries from regulatory agencies and resolve any discrepancies or issues.


* Reconcile tax deposits with payroll records to ensure accuracy and compliance.


* Maintain accurate records of payroll tax transactions, filings, and correspondence for audit and compliance purposes.


* Organize and archive tax documents and records following record retention policies and regulations.


* Update and maintain payroll tax tables, rates, and formulas in payroll software and systems.


* Test and validate payroll tax calculations and deductions to ensure accuracy and compliance with tax laws.


* Participate in internal and external audits of payroll tax processes, controls, and documentation.


* Collaborate with auditors to provide requested information, resolve discrepancies, and implement audit recommendations.


* Person to handle payroll processing tasks in the absence of primary payroll administrators.


* Perform cash reconciliation on a regular and periodic basis, such as monthly, quarterly, or annually, to ensure ongoing accuracy and integrity of cash balances and transactions.


* Managing payments between ADP and Workday in a timely manner.


* Review the differences between the cash balances in the accounting records.

Discrepancies may arise due to timing differences, errors in recording transactions, bank fees, outstanding checks, or deposits in transit.


* Invest...