Lead Payroll Accountant

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Lead Payroll Accountant

Job Description

What is the opportunity?

Work with a collaborative and high-performing team at RBC, one of Minneapolis/St. Paul Business Journal's top places to work. The Lead Payroll Accountant takes a lead role in the preparation, processing, and closing of the semi-monthly payrolls in order to ensure accuracy of pay and deductions for over 9,500 employees in more than 46 states. This position will respond to employee questions escalated from our partners in HR and must have the ability to identify, research, and resolve complex payroll issues. This position must possess a high degree of knowledge related to federal, state, and local wage and tax calculations. A primary goal is to ensure the accurate and timely filing of wage and tax reports in compliance with federal and state regulations and keep detailed records.

What will you do?

• Responsible for reviewing and correcting errors identified in payroll logs before payroll closes.
• Reviews Net Zero audit for those employees with gross earnings but no net pay to ensure accuracy.
• Verifies the accuracy of state and local tax area set up for all employees through Address Change, New Hire, and Exceptions audits monthly.
• Strives to close semi-monthly payrolls on or before 5:00 each payroll.
• Responsible for funding the net pay for each semi-monthly payroll including payroll adjustments.
• Approve manual checks/deposits daily
• Responsible for filing the Employer's quarterly Federal Tax Return (Form 941) and amendments.
• Responsible for filing the Employer's Annual Federal Unemployment (FUTA) Tax Return (Form 940) and making quarterly payments.
• Works with staff to ensure W-2 forms are reconciled and submitted to CIC Plus by the deadline in January.
• Overseas the annual state and local tax returns to ensure they are filed timely.
• Processes W-2c, Corrected Wage and Tax Statements, through CIC Plus and W-3c on SSA websites

What do you need to succeed?

Must-have

• Bachelor's degree in Accounting, Finance or related field or equivalent experience with payroll/accounting experience
• Very strong communication skills (both oral and written), strong attention to detail, and well organized
• Ability to set priorities and work effectively in a fast paced, deadline-oriented environment
• Enthusiastically embraces change and a self-motivator with a high degree of self-sufficiency
• Ability to maintain confidentiality and handle issues with discretion and good judgment.

Nice-to-have

• Certified Payroll Professional (CPP)
• Accounting designation
• Experience with PeopleSoft and SAP a benefit

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Summary

Address:

Minneapolis, Minnesota, United States of America

City:

USA-MN-MINNEAPOLIS

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Human Resources

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-04-11

Application Deadline:

2023-04-18

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.