Senior Payroll Analyst
MotiveSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- High School Diploma, GED or equivalent certification
- At least 1 year of payroll experience or at least 1 year of accounting experience
- Regular attendance
- Ability to work overtime as business needs dictate
- Preferred Qualifications/Experience
- Associate degree
- 1+ years of payroll tax experience
- Experience with Multi-State payroll (5,000+ employees)
- 1+ Local Tax Experience
- Understanding of the gross to net calculation inclusive of pre/post tax deductions and taxable benefits
- Familiarity with pay and benefit programs
- Strong math skills
- Strong verbal and written communications
- Professional certification such as FPC or CPP
- Experience with case management systems
- Experience with Workday HR System
- Experience with ADP Smart Compliance
- Demonstrated customer service skills, attention to detail and decision making skills
- Accustomed to fast paced environment
- Strong desire to grow and learn
Responsibilities
- Performs daily tasks related to payroll tax including, but not limited to, federal and state tax form entry, payroll/tax adjustments, tax variance identification, tax reconciliation, payroll input as needed
- Completes a gross pay to net pay payroll calculation outside of the payroll system and explains to Associates with questions about their pay
- Determines the correct local taxation for an associate based on Home and Work location
- Reviews payroll system output for errors and makes necessary corrections in the system
- Assists other Capital One HR Partners as required, to resolve errors and maintain or update accurate information in the payroll system
- Assists HR Help Center representatives in handling and following up on inquiries related to payroll tax
- Provides additional information and guidance to associates with questions concerning their taxes
- Handles telephone calls and inquiries requiring detailed knowledge about the end to end payroll process at Capital One
- Performs a variety of regularly scheduled and ad-hoc audits of the payroll data to maintain compliance with established standards
- Assists in year-end W2 reporting and preparation
Skills
Workday
Payroll Tax
Garnishment Setup
Tax Reconciliation
Payroll Audits
W2 Reporting
Gross to Net Pay Calculation
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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