Truist
Payroll Tax Manager
Charlotte, NC
Jan 1, 2025
Full-time
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Payroll Tax Manager is tasked with overseeing the comprehensive payroll tax functions of a company, ensuring adherence to federal, state, and local tax laws. This role involves leading a team responsible for the precise calculation, collection, and filing of payroll taxes, while remaining informed about evolving tax legislation. The manager serves as the main liaison for all payroll tax-related inquiries within the organization and collaborates with both internal and external parties to resolve tax issues. Additionally, the manager conducts regular audits of payroll tax procedures to verify accuracy and compliance, prepares detailed reports on payroll tax obligations and payments, monitors and evaluates changes in payroll tax regulations, and implements necessary updates to processes or systems in response to new legal requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Maintain extensive knowledge of tax regulations for federal, state, and local agencies and their application to all Truist tax entities. Use knowledge of Workday payroll to ensure tax withholdings are set up correctly in system and accurately deducted and reflected on the teammate's check.
2. Manage multi-site/state preparation of all payroll reporting to governmental agencies including responsibility for overseeing resolution of complex payroll tax inquiries from the Internal Revenue Service, Social Security Administration, state governmental agencies and other agencies.
3. Oversee the annual preparation of W-2s to ensure accuracy of timeliness of reporting to employees, third parties, and governmental agencies.
4. Manage the preparation of monthly, quarterly, and annual tax reporting for all governmental agencies thorough our third party provider, ADP.
5. Set up reporting agency structure within third party database together with IRS compliance letters for new and existing corporate entities. Manage third party tax vendor relationship.
6. Oversee the payments via reverse wire transfers to governmental agencies using knowledge of tax regulatory procedures.
7. Lead research and the resolution of notices from the IRS and/or state taxing authorities in a timely manner.
8. Conduct research through tax reporting service to determine tax law application to all types of compensation payments.
9. Assign resources to update employee wage and tax balances for stock options, relocations and other miscellaneous adjustments and maintain accurate ledger of all payroll payments and deductions.
10. Direct team in testing system modifications to ensure accurate tax reporting processes.


QUALIFICATIONS
Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree or equivalent education and related training or experience
2. Eight years of professional expertise
3. Six years of demonstrated Workday experience including payroll, time tracking, and HR modules
4. Seven years of payroll experience, including supervisory or management experience with an in-depth knowledge of payroll tax and regulatory reporting requirements
5. Five years of demonstrated deep specialized and/or broad knowledge within the human resources discipline
6. Ability to read and interpret complex documents, such as tax guidelines
7. Demonstrated leadership experience (ability to supervise, mentor, train, and develop a team) as well as the ability to manager diverse resources in a deadline-driven environment
8. Ability to interpret internal and external business challenges and implement best practices to improve products, processes, or services
9. Excellent written and verbal communication skills
10. Strong understanding of accounting principles and methods
11. Ability to deal with and resolve problems effectively under pressure
12. Demonstrated proficiency in Microsoft Office software products including MS Word, Excel, and PowerPoint.

Preferred Qualifications:
1. Certified Payroll Professional.
2. Eight years of multi-state, multi-company payroll operations experience
3. Four years project management and/or quality assurance experience.

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting
Constantly (More than 50% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)
Bending
Occasionally (Less than 25% of the time)
Lifting
Up to 10 lbs.
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Minimal and up to 10%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify

PDN-9ddc6968-e8c8-4abb-a8ae-309584b23c13
Job Information
Job Category:
Human Resources
Spotlight Employer
Related jobs
Walgreens
Job DescriptionModels and delivers a distinctive and delightful customer experience.Registers sales on assigned cash register, provides customers with courteous, fair, friendly, and efficient checkout...
Jan 4, 2025
CORALVILLE, IA
Walgreens
Shift Lead
Walgreens
Job DescriptionJob Summary:Opens and closes the store in the absence of store management, including all required systems startups, required cash handling, and ensuring the floor and stock room are rea...
Jan 4, 2025
HICKORY HILLS, IL
Walgreens
Job DescriptionModels and delivers a distinctive and delightful customer experience.Registers sales on assigned cash register, provides customers with courteous, fair, friendly, and efficient checkout...
Jan 4, 2025
MENLO PARK, CA
©2025 Lean in Latinas.
Powered by TalentAlly.
Apply for this job
Payroll Tax Manager
Truist
Charlotte, NC
Jan 1, 2025
Full-time
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

Truist would like you to finish the application on their website.

Ace your interview with
AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!