Payroll Tax Analyst (Remote)

We anticipate the application window for this opening will close on - 12 Dec 2024

 

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Do you enjoy working independently while being part of a team? Do you strive to meet deadlines and analyze data? If so, then this is the role for you!

You’ll be part of the US/Puerto Rico Payroll Tax Team responsible for providing accurate, timely administration of Medtronic payroll and payroll tax programs according to plan rules and applicable legal requirements.  You will also provide payroll and payroll tax process support as a project team member on departmental and cross-functional initiatives and independently perform specialized function-related processes and analysis.

This position is a remote role and can reside anywhere in the US.

Responsibilities include the following and other duties may be assigned:

• Provide support for ongoing payroll and payroll tax operational activities.
• Run reports and analyze employee level tax data, determine if adjustments are needed, enter adjustments when necessary, and review work to ensure results are accurate.
• Review escalated employee tax cases to determine action needed and provide excellent customer service to resolve employee questions and meet service level agreements.
• Work with third party payroll tax processor to maintain accurate account information.
• Reconcile tax information between Workday Payroll and ADP, the third-party payroll tax processor, to ensure all employee and company data is accurate.
• Enter and review employee tax data in Workday and performs various payroll tax audits to ensure employee tax set-up and withholdings are correct.
• Research compliance issues, IRS, state and local laws to provide recommendations to ensure compliance and recommend changes to internal payroll and payroll tax processes.
• Collaborate with other teams in all aspects of Payroll Tax matters including new tax initiatives, changes in tax initiatives and with an emphasis of establishing best practices.
• Supports Payroll Tax Operations and supports Payroll Operations with Month-End, Quarter-End and Year-End Payroll tasks and projects.
• Stays current and maintains applicable Payroll Tax compliance knowledge by reviewing and studying professional publications as well as completing Payroll Tax educational courses annually.
• Manages and tracks daily off-cycle tax payments from the Treasury department to our 3rd party tax vendor.
• Complete all mandatory reporting documents regarding Multiple Worksite Reporting and the Bureau of Labor Statistics.
• Act as a payroll tax resource for internal/external audits and company acquisitions.
• Manage deceased employee payment process.
• Assist with Puerto Rico taxation and W-2 reporting.

MUST HAVE: MINIMUM REQUIREMENTS:

• High School diploma or equivalent with 2+ years payroll tax or payroll experience; or, an advanced degree

NICE TO HAVE:

• Experience using Workday
• ADP experience

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation
 

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

Salary ranges for U.S (excl. PR) locations (USD):$59,200.00 - $88,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).

 

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

 

Regular employees are those who are not temporary, such as interns.  Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

 

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

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