Job Description
As a Payroll Analyst, you provide subject matter expertise and guidance across various areas of payroll. Payroll Analyst ensures accurate, timely employee compensation and tax compliance by maintaining payroll systems, auditing data, and reconciling accounts. Key responsibilities include processing payroll, managing deductions and garnishments, generating reports, and resolving payroll discrepancies.
- Calculating gross and net pay amounts (e.g., salary, overtime, shift payments, sales commissions, bonuses, deferred compensation, benefits, tax withholdings, deductions, payroll liabilities, etc.)
- Payroll-specific records maintenance (changes in wage/salary rates; pension, insurance, mandatory deductions; new hires, terminations, leave of absence, etc.)
- Reconciliation of payroll records (e.g., payments, deductions, general ledger entries for wages)
- Payroll data verification and administration
- Monitor and manage payroll legislation compliance
- Answering questions from employees and supervisors regarding payroll matters
- Collect, analyze, and validate payroll data to ensure accuracy, completeness, and compliance with relevant regulations.
- Develop and maintain reports, dashboards, and metrics to track key payroll performance indicators.
- Identify trends and patterns in payroll data to proactively identify areas for process improvement, cost savings, or compliance enhancements.
- Collaborate with cross-functional teams, including HR, finance, and IT, to gather data requirements and streamline data flows.
- Conduct regular audits of payroll data to identify discrepancies or errors and implement corrective actions.
- Prepare and distribute payroll reports to stakeholders, ensuring timely and accurate delivery of information.
- Perform data reconciliations between payroll and other systems, investigating and resolving any discrepancies.
- Stay updated with payroll regulations, tax laws, and compliance requirements to ensure data accuracy and adherence to legal standards.
- Support payroll system implementations, upgrades, and enhancements by providing data analysis and testing expertise.
- Assist with ad-hoc data requests and provide data-driven insights to support payroll-related decision making.
- Performs other duties as assigned
Bachelor’s Degree in Accounting, Finance, Business Administration, Education, Computer Science, Human Resources, Taxation, or Economics.
5+ years of proven experience as a Payroll Analyst or similar role, with a strong focus on data analysis.
In-depth knowledge of payroll processes, systems, and data management.
Proficiency in data analysis tools, such as Microsoft Excel, SQL, or other data manipulation software.
Familiarity with payroll systems
Strong analytical and problem-solving skills, with the ability to interpret and present complex data in a clear and meaningful way.
Relevant certifications such as CPP (Certified Payroll Professional), FPC (Fundamental Payroll Certification), CPA (Certified Public Accountant), or CMA (Certified Management Accountant) are advantageous.
Familiarity with Ultipro Payroll and federal tax regulations.
Attention to detail and a commitment to data accuracy and integrity.
Excellent communication skills, both written and verbal, with the ability to effectively convey insights and recommendations to stakeholders.
Knowledge of payroll regulations, tax laws, and compliance requirements.
Experience in report/dashboard development and data visualization techniques.
Experience with data reconciliation and data quality assurance processes.
Knowledge of statistical analysis techniques and forecasting models is a plus.
Familiarity with HRIS systems and data integration
At Rheem, we engineer products for life. For home life. For work life. For the life of the planet we all share. Backed by over 100 years of expertise, we’re passionate about product innovation and boldly committed to sustainability. Our full line of global air and water solutions deliver reliable performance, comfort and energy savings for residential and commercial applications worldwide. From engineers to accountants, sales professionals to support experts, Rheem depends on people to power our innovations. Join Rheem and help shape the future of products that impact lives—every day.
Our Behavior Based Values set us apart:
- Listening to Understand – Open mind, learning from others, accepting feedback, embracing the objective
- Contributing Respectfully - Sharing opinions, valuing ideas, sharing opposing perspectives with respect
- Thinking Creatively – Applying creativity, seeking improvements, understanding from the customers’ lens
- Acting with Responsibility – Owning decisions and actions, acting with integrity, embracing accountability
Rheem is an Equal Opportunity Employer. Rheem encourages all qualified candidates to apply, including those of any race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. The job description above has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. Equivalent combination of education, experience, and skills may supplement above minimum job requirements.
For U.S. Based jobs, please note that Rheem is unable to hire candidates to be employed in the following states: Alaska, District of Columbia, Hawaii, Idaho, Mississippi, Montana, New Mexico, North Dakota, or Vermont.
Rheem and its subsidiaries do not accept unsolicited resumes from recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.
