Job ID: 49662
Location: Columbia, South Carolina
Employment Type: Contract
Last Updated: 45 days ago
Responsibilities:
- Audit wage and tax data, and submission of federal payroll tax deposits and other statutory tax payments
- Reconcile payroll general ledger accounts and making note of debits and credits that have not posted and identifying and correcting any errors
- Prepare adjusting journal entries for reconciling entries
- Monitor and record financial transactions according to company policies and regulations
- Organize accounting records and handle complex transactions with a complete understanding of payroll and general accounting
- Partner with HR, Accounting, Operations, and other cross-functional teams to ensure payroll entries are accurately costed
- Control, analyze, audit and prepare appropriate accounting reconciliation and reports ensuring timely and accurate reporting of all financial data
- Conduct HR audit for key and non-key controls to include annual review, updates to ensure working practices are in alliance with ICFR, Internal and FCA controls
- Perform pay fraud control for the bank with the salary control key control
- Reconcile semi-monthly payroll wage and tax data, identifying variances, making corrective entries and submitting tax payments to third party vendor (ADP)
- Maintain relationship with external third-party tax vendor and ensure the smooth operation of all payrolls regulatory reporting (currently ADP)
- Identify tax related discrepancies, to include analyzing and resolving issues and responding to tax notices with appropriate actions
- Reconcile annual payroll wage and tax data and manage IRS W-2 process and reporting
- Bachelors in accounting/business degree is preferred or equivalent work experience
- 5 years processing multi-state payroll and a comprehensive understanding of payroll systems, compliance, and data analysis
- Proficient with general accounting principles and in analyzing and reconciling general ledger accounts, ensuring accuracy and compliance in financial reporting
- Exceptional attention to detail, analytical thinking, and problem-solving skills
- Advance proficiency in Microsoft applications (Excel, Word, and Outlook – manipulate lines, move data, construct simple formulas).
- $30 – $38/hr
