About the role

  • Payroll Analyst managing employee compensation at Ford. Responsible for payroll functions and compliance while collaborating with various teams.

Responsibilities

  • Process payroll in adherence with federal, state, and regional pay guidelines, while ensuring employees are paid correctly and on time.
  • Utilizing and understanding how to follow detailed Payroll Runbook, assist in auditing payroll runs, including key pre-validations of data.
  • Execution of payroll runs and other processes using Oracle Cloud Payroll System.
  • After each pay period, review the variance analysis preparing for certain tax deductions (i.e. FICA, Federal, State of Employment, State of Residency, Hypo Taxes, etc.) and prepare an explanation of variance if needed.
  • Prepare Ops Review Metrics data and slides for the quarterly Op Review and Metrics meeting, as it relates to the balance adjustments and W-2/W-2C stats
  • Prepare balance adjustments for current tax year and corrections of W-2s for prior tax years in the payroll system, including and not limited to:
  • Unearned wages that are repaid, working in collaboration with other functional teams (the Earnings team within Payroll, Cash Application team, and Receivables team).
  • State employment/residency, FICA exempt/non-exempt, and Federal tax corrections & refunds, working closely with local HR reps, People First HR team, and the payroll help desks.
  • Own the process of the year-end W-2, including but not limited to:
  • Work closely with other internal HR areas and external partners to ensure that all required information is included on employees’ payroll records and W-2s
  • Maintain and update the timetable (checklist) that tracks all W-2 year-end tasks to ensure all items are completed timely
  • Conducted multiple audit reviews and testing to ensure accuracy of employees’ payroll records, including their W2s
  • Fast-paced environment where attention to detail and a commitment to confidentiality are essential
  • Assist with research & resolution of all discrepancies, including all internal and external audit requests in a timely manner
  • Assist other internal business partners (i.e. HR, Employee Benefits Team, etc.) in implementing new or changes to existing FLSA, FMLA, and other common payroll compliance related topics and/or programs
  • Participate in continuous company improvement initiatives by identifying and correcting inefficiencies.

Requirements

  • Bachelor's degree in accounting, finance, or a related field is required
  • 2+ years of experience processing and/or calculating payroll in a multi-state environment
  • Familiar with payroll software and systems is a must, including Oracle Cloud or a similar payroll system
  • Payroll tax experience is a must (international tax experience is desirable)
  • Must keep abreast of legislative / regulatory updates and best practices for payroll including but limited to FLSA, FMLA, and other common payroll compliance related topics
  • Understanding accounting principles (debits, credits, general ledger, month-end and quarter-end close, etc.)

Benefits

  • Immediate medical, dental, vision and prescription drug coverage
  • Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
  • Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
  • Vehicle discount program for employees and family members and management leases
  • Tuition assistance
  • Established and active employee resource groups
  • Paid time off for individual and team community service
  • A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
  • Paid time off and the option to purchase additional vacation time.

Job title

Senior Payroll Analyst

Job type

Experience level

Senior

Salary

$72,480 - $162,120 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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