Manager, Payroll Tax

TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being. Payroll Tax Manager The Payroll Tax Specialist is responsible for supporting the TIAA Payroll Operations team to ensure tax rates are accurate and up to date in Workday and Payroll tax filings are completed in a timely manner. This role will also provide operations and audit support to the TIAA Payroll Operations team and will oversee and supervise the organization's payroll processing functions, ensuring pay is processed on time, accurately, and in compliance with government regulations. Oversees the daily workflow of the department. Key Responsibilities and Duties Review Workday Payroll Tax set up for each legal entity and jurisdiction, identify issues and partner with Alight Tax Filing Services and HRIT to update and correct. Perform review of the Monthly-Quarterly Tax filing package: Review for accuracy and timeliness; Work with Payroll Accounting to ensure alignment and reconciliation with G/L records; Manage and reconcile payroll taxes at the employer and employee level; Timely remittances to the tax authorities and accurate reporting of withholding taxes; Reconcile QTD and YTD tax amounts withheld, reported and deposited on quarterly and annual basis for assigned entities; Manage SUI rate updates; send to payroll processing provider and ensure updated in WD. Complete and submit applications for new tax jurisdictions, closing jurisdictions. Research and resolve payroll tax notices for multi-state tax entities. Effectively resolve and escalate issues, demonstrate excellent record of delivery. Support internal and external audit data requests. Prepare materials needed for tax provisions at year-end and tax audit. Partner with Payroll Accounting to research any open G/L items. Discover and identify new areas of risk, and potential noncompliance and manage to resolution and full compliance. Experience working well independently as well as with stakeholders and communicate the benefits of tax initiatives. Overseeing and reviewing payroll payments and account reconciliations. Work in concert with Payroll Manager to ensure payroll is processed in a timely manner in compliance with payroll laws and regulations. Supervises and controls payroll preparation and production, including regular, special, and supplemental payrolls. Ensures adherence to standards and procedures, and takes corrective action to resolve problems, delays, and inaccuracies. Coordinates payroll operations with other accounting and data processing units, confers with other administrative and technical staff regarding changes and new systems, and participates in developing, implementing, and testing procedures. Implements, maintains, and reviews payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions. Regularly perform audits on the system to ensure data integrity; responsible for the resolution of discrepancies that might adversely impact on the company's tax returns. Define key metrics and create metrics reports and set up reporting process. Collaborate with co-workers to increase productivity by eliminating duplication and coordinating information requirements. Drive process improvement initiatives to reduce manual efforts. Coordinate system improvements as new business requirements arise and enhance means of correcting possible noncompliance. Educational Requirements University (Degree) PreferredWork Experience 3 Years Required; 5 Years PreferredPhysical Requirements Physical Requirements: Sedentary Work Career Level 7IC Required Experience: 3 years of payroll tax experience Desired Experience: 5 years of payroll tax experience Workday experience Financial services Processing payroll tax for an organization 15,000 employees Base Pay Range: $77,400/yr. - $129,100/yr. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). _____________________________________________________________________________________________________ Company Overview TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services. COVID-19 Vaccination TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law. Benefits and Total Rewards The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary. Equal Opportunity We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status. Read more about the Equal Opportunity Law here. Accessibility Support TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: Phone: (800) 842-2755 Email: accessibility.support@tiaa.org Privacy Notices For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of Nuveen residing in Europe and APAC, please click here. For Applicants of Greenwood residing in Brazil (English), click here. For Applicants of Greenwood residing in Brazil (Portuguese), click here. For Applicants of Westchester residing in Brazil (English), click here. For Applicants of Westchester residing in Brazil (Portuguese), click here.

Salary : $77,400 - $129,100