Senior Analyst - Payroll

About The Department

Imagine being a part of a team committed to helping people defeat diabetes and other serious chronic conditions. Here at Novo Nordisk, we seek out opportunities to contribute to healthier communities and better lives for all people. And, that’s what you’ll gain by joining Novo Nordisk’s People & Organization team. Our P&O team is passionate about their purpose – enabling business success the Novo Nordisk Way by turning the Company’s business strategy into an actionable workforce strategy. A strategy which captures the entire employee life-cycle. At Novo Nordisk, you will join an inclusive team of diverse talent and benefit from a range of possibilities for professional and personal development.

Position Overview

Operates as subject matter expert by providing technical and analytical support to the Payroll function for Novo Nordisk Inc. and other Novo Nordisk affiliates. Supports payroll preparation/processing and related responsibilities such as tax reporting, benefits-records administration, or payroll systems maintenance for NNI and related companies we service including full payroll services for NNRC, NNRCI, Novo Ventures and NNUSBPI to ensure they are compliant with company policy, generally accepted accounting principles and federal, state and local regulations.

Essential Functions

• Processes time records, compiles payroll metrics, calculates deductions such as Social Security, withholding taxes, and 401(k) contributions, and disburses payrolls.
• Analyzes audits, reconciles and resolves complex payroll processing and employee payroll issues to ensure smooth, timely payroll processing.
• Reports to the Senior Manager, Payroll and is accountable for interacting with all levels of internal and external customers on a regular basis. Internally provides support to other payroll team members. External relationships include various vendors for Payroll, Mobility, and Benefits.

Qualifications

• A Bachelor's Degree required in accounting, business, or a related field; solid, relevant experience and/or certification in Payroll may be substituted for degree, when appropriate; advanced degree a plus.
• Requires a minimum of six years of progressively responsible experience in Payroll.
• Advanced proficiency in Excel required.
• PayrollOrg Fundamental Payroll Certification (FPC) or PayrollOrg Certified Payroll Professional (CPP) strongly preferred.
• Advanced expertise in multi-state payroll processing, including interpretation and application of state-specific tax laws and regulatory requirements to ensure full compliance and minimize risk.
• Working knowledge of Fair Labor Standards Act (FLSA), Employee Retirement Income Security Act (ERISA) as well as all Federal, State and Local tax laws.
• Demonstrated strategic ability, comprehensive knowledge of pharmaceutical business practices, and the ability to execute plans and complex assignments.
• Must be able to facilitate management and employee understanding of payroll procedures.
• Must be a strong team player and collaborate across boundaries.
• Must have excellent interpersonal and communication skills, with the ability to inspire and motivate others.
• Maintains current on Payroll systems to achieve alignment with HR, Benefits and other related areas and to ensure effective accounting support.
• Planning and organization: an ability to plan and manage multiple projects.
• Solid working knowledge of HR policies, practices, legislation related to payroll.
• Strong customer orientation; attention to detail; and problem analysis and problem resolution.

Compensation and Benefits

The base compensation range for this position is $83,400 to $150,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance. Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors. Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.