12 days old

Payroll Tax Accountant

Towne Bank
Suffolk, Virginia 23435
  • Job Type
  • Job Status
    Full Time

Towne Bank is currently recruiting for a Payroll Tax Accountant to join its human resources department in Suffolk, Virginia. This is a newly created position, reporting to the payroll manager, with specific responsibility for TowneBank’s complex, multi-state, multi-entity payroll tax function. The successful candidate will have at least seven years’ experience in a multi-state, multi-entity payroll tax environment with at least 1,000 employees; have experience reconciling and preparing monthly, quarterly and annual payroll tax reports and returns; and, possess an American Payroll Association Certified Payroll Professional (CPP) certification. Full details and requirements, as follows:

Essential Responsibilities:

  • Reconcile all wage and tax accumulators after each payroll 
  • Monitor and reconcile payroll tax deposits made by third party vendor 
  • Maintain and execute quarter end and year end checklists 
  • Reconcile, approve and validate all tax returns prepared by third party vendor
  • Develop, maintain and monitor the compliant employment tax and FLSA set up of all earnings and deduction codes in HRIS (UltiPro)
  • Ensure that all earnings and deductions codes in HRIS (UltiPro) are mapped appropriately for Form W-2 reporting purposes 
  • Reconcile, approve and validate the preparation of W-2s, and facilitate corrections if needed 
  • Gather SUI rates and ensure HRIS (UltiPro) is updated appropriately 
  • Assist with processing all taxable fringe benefits (ex: gifts, stock) 
  • Coordinate new payroll tax state/local account registrations 
  • Monitor changes in regulations, and update processes accordingly to ensure accuracy and compliance 
  • Validate employee local tax set-up in HRIS (UltiPro) 
  • Submit employee withholding certificates to states as required 
  • Assist the Accounting Department with GL posting and reconciliation 
  • Research and resolve tax agency notices 
  • Knowledgeable in employment tax required transactions on all HR/Payroll integrations resulting from mergers/acquisitions
  • Assist payroll and HR staff with questions about tax set-up for employees 
  • Handle other duties or special projects as assigned
  • Obey all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)


Minimum Required Skills or Competencies:

  • Bachelor’s degree in Accounting, Business or Human Resources
  • 7 years of experience in a multi-state, multi-entity payroll tax environment with at least 1000 employees
  • Experience reconciling and preparing monthly, quarterly and annual payroll tax reports and returns
  • Must be detail oriented with strong organizational and analytical skills
  • Excellent oral and written communication skills and the ability to interact tactfully and professionally with all levels of employees
  • Must be efficient, thorough and work well with little or no supervision
  • Must possess the highest qualities of integrity, discretion, strong work ethics and the ability to maintain extreme confidentiality
  • High level of proficiency in automated payroll and HR systems, Excel, Word and Outlook
  • Valid American Payroll Association Certified Payroll Professional (CPP) certification

Desired Skills and Competencies:

  • Experience processing payroll in UltiPro

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.


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Payroll Tax Accountant

Towne Bank
Suffolk, Virginia 23435

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Payroll Tax Accountant

Towne Bank
Suffolk, Virginia

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