Senior Payroll Specialist

McDermott - Houston, TX

Full-time - Mid Level

Houston, TX

10,001+ employees

Support Activities for Mining

About the position

The Senior Payroll Specialist plays a crucial role in enhancing the Payroll Discipline within McDermott by utilizing best practices and addressing both internal and external issues. This position involves solving complex payroll-related problems, providing guidance to less experienced colleagues, and ensuring compliance with tax regulations. The specialist will impact various operational and service activities, ensuring adherence to guidelines and policies while contributing to process improvements.

Responsibilities

• Process US and Canada payroll taxes according to tax guidelines
• Strong payroll tax analysis and reconciliation, balancing taxes monthly, quarterly and annually
• Produce W-2s and T-4s annually
• Prepare/create payroll tax reports that support analysis of taxes
• Adhere to strict tax deadlines (payments, reconciliations, filing) per department and tax authority regulations
• Research and resolve tax issues urgently, prioritizing tasks daily
• Escalate tax issues to manager as needed
• Process amendments as needed
• Adhere to all established SOX controls
• Maintain documentation as needed (desk procedures, job aids, checklists)
• Perform and/or assist with testing of new or existing system processes and functionalities
• Ensure all tax processing documents stored in designated online files
• Attend and participate in regular scheduled meetings
• Contribute to process improvement opportunities
• Cross-train on other payroll processes and assist with other payroll tasks as needed
• Liaise with tax vendors, manager, teammates and other departments

Requirements

• Bachelor's degree in Business, Accounting, Finance, or a related field is desired
• Minimum of five to seven (5 - 7) years experience with extensive payroll tax knowledge
• Working with ADP SmartCompliance for payroll taxes required
• Ability to multi-task with critical thinking ability
• Team contributor with good communication skills -- verbal and written
• Ability to handle sensitive employee data with a high level of confidentiality