4 Jobs
Saks is Hiring a Payroll Analyst Near New York, NY
Job Description:
- Who We Are:
Saks is a world-renowned luxury ecommerce destination. The company's unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.
On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home dcor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.
Role Summary:
Primary responsibility is partnering with our offshore team where guidance is required on payroll processing, payroll tax and system requirements with minimal supervision. Troubleshoots payroll issues, determines root cause and partners with the Payroll Team, IT, and PBPs to develop proactive measures to achieve best practices and regulatory compliance. Responsible for system testing of system enhancements/fixes and will provide support and expertise in other project work. This role is being added to coordinate area responsibilities both internally to Payroll and externally to other business units.
Key Qualifications: - Bachelor's Degree in a business related field or comparable Payroll experience. CPP designation recommended.
- Must understand payroll fundamentals, policies and regulations.
- Must have experience with reconciling financial records
- Must have experience building and merging reports in Microsoft Excel
- Must have 2-4 years of payroll experience. Experience in payroll conversions is highly recommended but not required.
- Must be proficient in advanced Microsoft Excel and Office.
- Knowledge of the Workday payroll system is a plus.
- Proficient in Microsoft Office applications with advanced knowledge of excel preferred (i.e. pivot tables, vlookup, and sumif formulas)
- Strong verbal and written communication skills
- Highly organized, rigorous and detail-oriented individual who thrives in a fast-paced, high energy environment
- Must have strong analytical skills
- Role Description:
- Provide processing support to the payroll team for U.S. multi state payrolls.
- Support the preparation of payroll audits and reporting.
- Research and resolve internal and external customer inquiries ranging from moderately complex to complex received in a timely manner. Communicating results while displaying courtesy, tact and discretion while also preserving confidentiality.
- Independently performs analysis on payroll data issues and system defects; monitor and drive prompt issue resolution ensuring accuracy of end to end payroll processing by partnering with IT and escalating to management as necessary.
- Collaborate with the payroll manager on tax related research related to new legislation, tax notices and registrations for new jurisdictions.
- Partner with the Finance and Benefit Teams on monthly, quarterly and year-end reporting and reconciliations.
- Evaluates current systems and processes; recommends, develops and documents operating efficiency improvements to maintain compliance and adopt best practices
- Ensures proper documentation of and adherence to payroll business processes.
- Participates in ad-hoc projects and assists in testing system enhancements and patches in Workday and ADP.
- Assists in collecting payroll operation benchmark metrics and track monthly reports/metrics to show trends and potential improvement opportunities. Effectively communicate results to management
- Your Life and Career at Saks:
- Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
- A culture that promotes a healthy, fulfilling work/life balance
- Benefits package for all eligible full-time employees (including medical, vision and dental).
- An amazing employee discount
- Intellectual curiosity and eagerness to learn new and different topics
- Demonstrated ability to work independently and is resourceful, creative and time sensitive juggling multiple projects for challenging deadlines
- Able to deal with confidential information and/or issues using discretion and judgment
*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate's overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.
Job Summary
Full Time
$73k-92k (estimate)
05/03/2024
05/16/2024
saksfifthavenue.com
NEW YORK, NY
7,500 - 15,000
1997
Private
RICHARD BAKER
$1B - $3B
Retail
Related Companies
About Saks
Accume Partners is an IT audit firm that provides regulatory compliance and risk management services for financial institutions.
The following is the career advancement route for Payroll Analyst positions, which can be used as a reference in future career path planning. As a Payroll Analyst, it can be promoted into senior positions as a Payroll Administrator III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Payroll Analyst. You can explore the career advancement for a Payroll Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Payroll Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Payroll Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Payroll Analyst job description and responsibilities
A payroll analyst maintains payroll accounts and processes accounting paperwork.
03/03/2022: Richmond, VA
A payroll analyst conducts regular audits on payroll procedures and records and manages the payment calendars for the fiscal year.
02/11/2022: Bridgeport, CT
They oversee payroll procedures, ensure compliance with all compensation and regulations, review payroll data and documents or errors.
04/18/2022: Pierre, SD
Performed data entry for voluntary and mandatory payroll deductions.
03/20/2022: Galveston, TX
Overcome the hurdle of constant payroll updates - from tax to regulatory changes - through an organized system.
01/24/2022: Cedar Falls, IA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Payroll Analyst jobs
Review timesheets and attendance records and correct inaccuracies.
04/06/2022: Bangor, ME
Stay up-to-date on state and federal payroll and tax laws.
01/30/2022: Stamford, CT
Complete the fundamental payroll certification approach.
02/03/2022: Columbia, SC
Oversee payroll transactions (e.g. via e-banking)
03/27/2022: Greenville, MS
Go get analytical skills and knowledge of state and federal laws.
03/02/2022: Fort Smith, AR
Step 3: View the best colleges and universities for Payroll Analyst.
