Payroll Tax Specialist - Contract - TalentBurst, Inc.
Marlborough, MA
About the Job
Payroll Tax Specialist
Location: Marlborough, MA (onsite Tuesdays/Wednesdays)
Duration: 4 months, with potential for perm conversion
Start Date: October 2024
Major Areas of Responsibility:
Location: Marlborough, MA (onsite Tuesdays/Wednesdays)
Duration: 4 months, with potential for perm conversion
Start Date: October 2024
Major Areas of Responsibility:
- Ensures the timely filing payment of payroll and unemployment tax liabilities for the company, and its subsidiaries.
- Reviews weekly payroll activity reports to ensure tax compliance.
- Works with Payroll to resolve any tax issues.
- Provides Corporate Treasury with the federal and state payroll tax payments on a weekly, monthly and quarterly basis.
- Prepares the subsequent journal entry to the General Ledger.
- Reconciles General Ledger payroll liability accounts on a quarterly basis.
- Acts as a liaison for the unemployment service provider.
- Reviews accruals for unemployment tax rates.
- Prepares quarterly state unemployment returns and resulting payments.
- Prepares unemployment tax forecasts to Treasury on a monthly basis.
- Reconciles unemployment General Ledger liability account on a quarterly basis.
- Researches and implements current tax technology ensuring compliance and that savings opportunities are captured.
- Researches federal and state tax literature to stay abreast of legislative actions and ensure tax compliance.
- Gathers and maintains documentation in compliance with Sarbanes-Oxley (SOX).
- Conducts quarterly testing of audit controls in accordance with SOX.
- Will utilize Oracle ERP system and propriety software similar to Master Tax.
- Bachelor’s Degree in Accounting or Finance or equivalent experience.
- Knowledge of and ability to interpret payroll and employment tax laws
- Strong PC skills.
- Strong communication and organizational skills.
- Strong attention to detail.
- 3-5 years of accounting related experience.
- Understanding of payroll tax compliance.
Source : TalentBurst, Inc.