Payroll Tax Specialist

Overview

The Payroll Tax Specialist delivers on critical payroll activities. These activities include, but are not limited to, accurate tax/garnishment setup in the Workday payroll system, state/local tax account maintenance (registrations, account numbers, rates, POAs, etc.), and overall compliance with applicable laws and regulations. Additionally, the Tax & Garnishment team works closely with Capital One associates to answer questions and resolve any issues with a key focus on associate experience.

Responsibilities

• Performs daily tasks related to payroll tax including, but not limited to, federal and state tax form entry, payroll/tax adjustments, tax variance identification, tax reconciliation, payroll input as needed
• Ability to complete a gross pay to net pay payroll calculation outside of the payroll system and explain to Associates with questions about their pay
• Ability to determine the correct local taxation for an associate based on Home and Work location
• Reviews payroll system output for errors and makes necessary corrections in the system
• Assists other Capital One HR Partners as required, to resolve errors and maintain or update accurate information in the payroll system
• Assists HR Help Center representatives in handling and following up on inquiries related to payroll tax
• Provides additional information and guidance to associates with questions concerning their taxes
• Handles telephone calls and inquiries requiring detailed knowledge about the end to end payroll process at Capital One
• Performs a variety of regularly scheduled and ad-hoc audits of the payroll data to maintain compliance with established standards
• Assists in year-end W2 reporting and preparation

Qualifications/Experience

• High School Diploma, GED or equivalent certification
• At least 1 year of payroll experience or at least 1 year of accounting experience

• Associate degree
• 1+ years of payroll tax experience
• Experience with Multi-State payroll (5,000+ employees)
• 1+ Local Tax Experience
• Understanding of the gross to net calculation inclusive of pre/post tax deductions and taxable benefits
• Familiarity with pay and benefit programs
• Strong math skills
• Strong verbal and written communications
• Professional certification such as FPC or CPP
• Experience with case management systems
• Experience with Workday HR System
• Experience with ADP Smart Compliance
• Demonstrated customer service skills, attention to detail and decision making skills
• Accustomed to fast paced environment
• Strong desire to grow and learn

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.