Payroll Financial Analyst

The Payroll Financial Analyst performs analysis of all payroll bank, liability, and tax accounts in accordance with internal policies and procedures and Generally Accepted Accounting Principles (GAAP). Will also be responsible for the salary and benefit budget and forecast processes.  

Duties include but are not limited to:  

• Responsible for preparing payroll bank, liability, and tax accounts; analyzes account variances to provide explanations and proposed solutions. 

• Responsible for the development of salary budgets and forecasts and ensuring all timelines are met and required reporting is delivered on time.  

• Uses trend analysis, estimates, and judgement to ensure proposals and projections are complete, accurate, and in compliance with internal policies and procedures. 

• Analyze salary and benefit accounts and compare actual results versus budget/forecast projections; provide feedback on areas of concern and/or opportunity. 

• Develop effective budgeting reports for use by company leaders for analyzing differences in budget to actual/forecasted numbers.  

• Provide annual data for the 401(k) True-Up process, 401(k) Audit, Corporate Tax Reporting, Workers Compensation Audits, Census Requests, and the External Financial Audit. 

• Responsible for maintaining the Payroll Period Schedules by Pay Group to ensure proper salary expense accruals are calculated. 

• Responsible for timely and accurate posting of all payroll-related journal entries for month end and year end close. 

• Identifies and drives improvement opportunities and works closely with the leadership team to ensure improvement opportunities are implemented to provide timely and accurate information. 

• Creates and maintains standard and ad-hoc reports and prepares financial analysis using Company systems and tools. 

• Assist with the development of training materials, including manuals, on-line tutorials, and end-user training classes for Company reporting tools, including Workday and Adaptive Planning. 

Required skills/experience:  

• Bachelor's degree and a minimum of 2-year related payroll financial analysis experience and/or training; or equivalent combination of education and experience.  

• Experience in Payroll and Payroll financial analysis required. 

• Strong Microsoft Office skills with proficiency in Excel.  

• Experience working in business reporting systems, to include creating, modifying, and disseminating reports to drive business analytics and dashboards.  

• Workday and Adaptive Planning experience required. 

• Strong financial modeling skills. 

• System report writing experience. 

• Strong organizational skills and detail oriented. 

• Ability to be flexible and perform in a fast-paced environment.