Capital One

Finance

PayrollTaxSpecialist

$57–65k Richmond, Virginia, United States FULL TIME
The Brief

“Payroll Tax Specialist at Capital One. Skills: payroll tax setup, state/local tax account maintenance, compliance with applicable laws and regulations, payroll tax form entry, payroll/tax adjustments, tax variance identification, tax reconciliation, gross pay to net pay payroll calculation, local taxation determination, year-end W2 reporting and preparation. accurate tax/garnishment setup in the Workday payroll system. state/local tax account maintenance (registrations, account numbers, rates, P”

What You'll Achieve.

accurate tax/garnishment setup; overall compliance with applicable laws and regulations; maintain compliance with established standards

Industry & Context.

Finance
Problems you'll solve

resolve any issues; determine the correct local taxation for an associate; Reviews payroll system output for errors and makes necessary corrections in the system; resolve errors; decision making skills

Eligibility Requirements

Regular attendance is required, overtime may be required as business needs dictate

What They're Looking For.

Must Have

1 year of payroll experience or at least 1 year of accounting experience

Nice to Have

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, math skills, 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, decision making skills, Accustomed to fast paced environment, desire to grow and learn

What You'll Do.

accurate tax/garnishment setup in the Workday payroll system

state/local tax account maintenance (registrations

overall compliance with applicable laws and regulations

Performs daily tasks related to payroll tax including

federal and state tax form entry

payroll/tax adjustments

tax variance identification

payroll input as needed

Reviews payroll system output for errors and makes necessary corrections in the system

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

How You'll Work.

Team & Collaboration

works closely with Capital One associates to answer questions and resolve any issues; 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

Communication Scope

verbal and written communications; answer questions; resolve any issues; explain to Associates with questions about their pay; 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

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