Payroll Tax Analyst

Ameriprise Financial is looking to add a Payroll Tax Analyst to the team! The Payroll Tax Analyst will own the processes to audit and balance all payroll-related activities and tax reporting to ensure compliance with Federal, State, and local tax jurisdictions across 12 legal entities and all 50 states. Serve as a subject matter expert for more complex payroll tax issues and lead the research and resolution of discrepancies and escalations in partnership with outside vendors. Maintain working knowledge of changes with legislation and impacts in taxation and reporting. Lead the responses to tax escalations and work payroll specialists and the call center. Responsible for reviewing employee tax data for accuracy.

Responsibilities

• Assist in reconciling payroll and tax reporting processes, ensuring accuracy and resolving discrepancies as needed.
• Assist with the processing of tax payments that are outside of the vendor's responsibility.
• Ensure all balancing is done in compliance with SOX controls and serve as an escalation point for G&L account reconciliation issues. Partner with Finance to research open items and recommend corrections.
• Lead the auditing of employee data and the processes to correct tax set ups. Partner with the HR Systems team to determine appropriate actions when system issues impact taxation or employee records are incorrect. Manage State Tax Mobility processing by communicating directly with employees to ensure appropriate multi-state set-ups and contributing to the annual state mobility processing events. Provide direction to India-based Payroll Specialists on taxation issues and lead the implementation of process changes as needed to comply with payroll tax laws.
• Determine appropriate actions when legislative changes occur. Collaborate with third-party administrator (ADP) and jurisdictions when complex issues occur and require more in-depth research to respond to notices of inconsistencies. Lead the processing of corrections to wage and tax information based on system audits and applicable tax rules.
• Play a key role in the annual payroll year-end process and other key projects impacting payroll.
• Remain current on industry changes and understand how Ameriprise plans, practices, and policies are impacted. Provide consulting to specific plan owners to ensure taxation and reporting requirements are understood and meet the requirements. Determine impacts and works with appropriate groups to update systems and processes as appropriate.
  
  

Required Qualifications

• Bachelor's Degree or equivalent
• 1-3 years of payroll tax experience
• Depth of knowledge in payroll tax laws, Federal, and multi-State.
• Experienced in completing federal, state, and local jurisdiction payroll tax reporting.
• Experienced in processing and handling a variety of payroll matters including equity awards, perquisite, payroll adjustments, etc...
• Demonstrated skills in research and troubleshooting.
• Ability to prioritize conflicting work to meet deadlines in a fast-changing environment.
• Previous experience in working with external payroll vendors.
  
  

Preferred Qualifications

• Certified Payroll Professional (CPP) designation.
• Experience with Workday payroll and outsourced tax, wage payments, and garnishment services.
• Experience working in a global organization.
  
  

About Our Company

We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $54,400- $74,800/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Human Capital

Line of Business

HR Human ResourcesPDN-a086564d-7c88-482a-9ae8-98caef922826