Payroll Tax Analyst

2 weeks ago


Bengaluru, India PTR Global Full time
About Pinnacle Group
Pinnacle Group is a leading provider of workforce management solutions, dedicated to delivering innovative services and exceptional results. Our commitment to excellence has made us a trusted partner for businesses seeking to optimize their talent acquisition and management processes. We foster a collaborative and dynamic environment that empowers our employees to thrive and contribute to our clients' success.
Job Summary
We are seeking a highly skilled Payroll Specialist with specialized knowledge of US taxes to join our team in Chennai, India. This role is essential in ensuring accurate and compliant payroll processing for employees in the United States. The Payroll Specialist will manage all aspects of payroll administration, with a focus on federal, state, and local taxes, quarterly audits, and year-end tax processes.
Responsibilities
Manage end-to-end payroll processing for US-based employees, ensuring timely and accurate payroll execution.
Apply in-depth knowledge of US tax laws, including federal, state, and local tax withholdings, to ensure compliance.
Administer tax filings and ensure that all payroll taxes are accurately withheld and remitted, including FIT (Federal Income Tax), SIT (State Income Tax), FUTA (Federal Unemployment Tax Act), SUTA (State Unemployment Tax Act), and local taxes.
Conduct quarterly audits to verify third-party filings and ensure tax accuracy and compliance.
Assist with the year-end tax process, including preparing reports and ensuring that all year-end tax obligations are met.
Handle payroll deductions, adjustments, and contributions such as benefits, 401(k), and garnishments.
Reconcile payroll accounts and resolve any discrepancies in payroll reports.
Maintain accurate payroll records and generate reports as required.
Collaborate with HR and Finance teams to ensure payroll accuracy and compliance with company policies.
Stay up-to-date with changes in US tax laws and regulations to ensure ongoing compliance.
Respond to employee inquiries regarding payroll, taxes, and deductions in a timely manner.
Must Haves
Bachelor’s degree in Accounting, Finance, or a related field.
Extensive experience in US payroll processing, with a strong understanding of federal, state, and local tax regulations.
Excellent understanding of US employment taxes, including FIT, SIT, FUTA, SUTA, and local taxes.
Experience conducting quarterly audits of third-party tax filings and verifications.
Experience supporting the year-end tax process and ensuring compliance with tax regulations.
Proficiency in payroll software and tools, with the ability to manage large payroll volumes.
Strong attention to detail and accuracy in payroll processing.
Excellent communication skills, with the ability to explain payroll matters clearly to employees.
Ability to work collaboratively with cross-functional teams in HR, Finance, and Compliance.
Strong organizational and time-management skills to meet payroll deadlines.
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