Relocation Payroll Tax Analyst

Description

Title: Relocation Payroll Tax Analyst
Department: Global Financial Services
FLSA Status: Exempt
REPORTING RELATIONSHIPS:
Reporting Matrix: Manager, Relocation Tax Services
Direct Reports: None
POSITION SUMMARY:
The Relocation Payroll Tax Analyst is the liaison between Global Financial Services and client HR/Payroll. Relocation Payroll Tax Analysts are responsible for accurate reporting of global mobility benefits in compliance with the Internal Revenue Service. This includes calculating, documenting, reporting and communicating with customers, clients, management, vendors and internal partners to accurately “gross up” and/or tax treat the wages as related to relocation expenses.
POSITION RESPONSIBILITIES:

• Operate as subject matter expert in regards to taxable expenses as it relates to IRS guidelines and U.S domestic tax laws and regulations as it relates to Global Mobility.

• Collect year to date wage data from various client payroll contacts and input into relocation tax software.

• Must be computer savvy, comfortable utilizing critical thinking and analytical skillset to interpret data, make decisions and ask questions.

Utilize understanding of payroll, relocation and accounting to impute relocation expenses into income timely and correctly reducing risk of payroll errors and W2c’s.

• Process gross up calculations using relocation tax software, audit tax gross up results for accuracy.

• Respond to customers, client or internal inquiries pertinent to gross ups, tax treatments, withholdings and payroll reporting.

• Prepare and deliver all client Global Mobility payroll reports based on approved deliverables schedule.

• Escalate complex or problematic situations to management for timely resolution.

Collaborate with client payroll/HR and internal partners to send/receive payroll files via assigned document exchange process.

• Create & Issue year-end tax reports based on client preferences.

• Investigate & identify variances through reconciliation process and alert internal partners for timely resolution.

• Exposure to Domestic Short Term Assignments and International Assignments to accurately audit and report expenses to client payroll.

• Perform peer reviews of client payroll reports as requested.

• Articulate and customer centric to engage with various levels of employees, client contacts and internal stakeholders to provide a superior experience.

• Attend implementation calls and provide guidance of best practices.

• Any additional projects, activities, and/or ad-hoc requests as needed by Altair management

EDUCATION:

Minimum High School Degree, Bachelor Degree preferred or
Equivalent combination of experience, skills, training and education
TRAINING and EXPERIENCE:

• At minimum, 2 years’ experience within relocation industry, consulting firm or multinational company in an accounting position with exposure to tax assistance/payroll processing

• General knowledge of accounting principles, concepts and practices

• General knowledge of domestic and international relocation expense processing concepts, processes and practices

• General knowledge of payroll processing procedures, payroll tax withholding procedures and tax gross ups

• General knowledge of current domestic and international relocation tax laws and regulations

• Expertise using multiple software packages including but not limited to Microsoft Office, Word, Excel and one or more current accounting software packages

• Intermediate MS Excel experience to utilize for audit purposes, such as formulas, pivot tables and v-lookups.

• Must be able to multi-task and handle a high volume transaction work load quickly and accurately

• Must be able to remain calm while working under pressure and against deadlines

• Able to communicate confidential and sensitive information to/with colleagues, clients, assignees/transferees at all levels

• Strong audit experience working with numerical data for extended periods of time.

ESSENTIAL INTELLECTUAL FUNCTIONS:
The Relocation Payroll Tax Analyst must have general knowledge of the relocation process as it pertains to policy interpretation and application and payroll processing procedures, must be knowledgeable of current relocation and payroll tax laws and regulations, adept with analyzing costs, must be able to multi-task, build client trust through relationship management, manage to deadlines, rely on experience and sound judgment to plan and accomplish goals, work collaboratively with colleagues, assignees/transferees, clients and service partners pertinent to execution and achievement of individual and team goals.
ESSENTIAL PHYSICAL FUNCTIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions, use hands and fingers to keyboard, operate, handle, or feel objects, tools or controls, reach with hands and arms, sit for extended periods of time at a workstation, must have the ability to deal with peak volume stress periodically each year and other key skills and abilities as required by the position.
EQUIPMENT USED:
Individuals must be able to use standard company equipment, i.e., computer and communications systems, calculator, 10 key, fax, printer, copy machine and other equipment as required by position.
WORK* ENVIRONMENT: *
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Employee must demonstrate knowledge of and support Company vision and value statements, policies and procedures, privacy, security and confidentiality standards and code of ethical behavior.
Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Job Type: Full-time