Payroll Analyst

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

Payroll Analyst

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 Payroll Analyst is responsible for the timely and efficient reconciliation of payroll transactions and accounts for several key payroll functions to ensure the accuracy of the general ledger, payroll funding and reporting for most of RBC's operations in the United States.

What will you do?

• Reconcile all payroll G/L accounts and review and analyze outstanding balances as well as prepare and upload G/L batch entries to PeopleSoft
• Investigate and explain variances, determine action plan to remediate discrepancies, escalates and reports any issues to supervisor when necessary
• Create / maintain up-to-date documentation of all processes and control procedures
• Ensure compliance with internal control requirements, general ledger account reconciliation processes and regulatory reporting and serve as main contact for all payroll G/L account inquiries from team members and business partners
• Track all payroll adjustments (ACH payments, ACH returns, wires, and SAP check voids, etc.) and provide reports to Finance Department to assist them with their payroll bank reconciliation
• Match tax funding to bank account withdrawals daily to catch discrepancies
• Handles or distributes Wells Fargo ACH Returns, Notifications of change, positive pay exceptions, and fraud filter

What do you need to succeed?

Must-have

• Bachelor's degree in Accounting, Finance or related field with 2+ years 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:

2023-03-02-08:00

Application Deadline:

2023-03-31-07:00

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.