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 at McDermott plays a crucial role in enhancing the Payroll Discipline by utilizing best practices and addressing both internal and external issues. This position serves as a resource for less experienced colleagues, sharing expertise in payroll processes. The specialist is responsible for solving complex payroll-related problems, ensuring compliance with tax guidelines, and improving payroll services. The role significantly impacts customer and operational activities within the Payroll Team and related departments, adhering to established guidelines and policies.

Responsibilities

• Process US and Canada payroll taxes according to tax guidelines
• Conduct 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 are 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
• Experience working with ADP SmartCompliance for payroll taxes is required
• Ability to multi-task with critical thinking ability
• Good communication skills -- verbal and written
• Ability to handle sensitive employee data with a high level of confidentiality