Payroll Analyst

Posted 2 Days Ago
Daytona, FL
Junior
Sports
The Role
The Payroll Analyst is responsible for performing payroll analysis, including managing payroll bank and tax accounts, developing salary budgets and forecasts, and creating reports for budget managers. This role involves ensuring compliance with internal policies and GAAP, performing variance analysis, and supporting annual audits and reporting processes. Strong skills in Microsoft Office, particularly Excel, and experience with Workday and Adaptive Planning are essential.
Summary Generated by Built In

At NASCAR, you will find a community of passionate individuals who care about our sport and are united in seeing it grow.

We are a company unlike any other. We want you to bring your experience, skills and passion to our close-knit, high-energy environment in which our employees thrive and where you can prosper. We know the key to our success is our employees and we offer highly competitive salaries, a solid benefits package focused on wellness, and opportunities for you to grow and develop both personally and professionally. It won’t take you long to find out that you are on the right track here at NASCAR!

NASCAR seeks a talented professional to join us in the position of Payroll Analyst based in our Daytona Beach, Florida office.

The Payroll Analyst performs analysis of all payroll bank, liability, and tax accounts in accordance with internal policies and procedures and Generally Accepted Accounting Principles (GAAP). Will also be responsible for the salary and benefit budget and forecast processes. Prepare internal reports for distribution to budget managers for salary and benefit accounts.

Duties include but are not limited to:

  • Responsible for preparing payroll bank, liability, and tax accounts; analyzes account variances and provides explanations and proposed solutions.
  • Responsible for the development of salary budgets and forecasts and ensuring all timelines are met and required reporting is delivered on time. Uses trend analysis, estimates, and judgement to ensure proposals and projections are complete, accurate, and in compliance with internal policies and procedures.
  • Utilizes independent thinking skills and learned best practices to analyze salary and benefit accounts and compare actual results versus budget/forecast projections. Provide feedback on areas of concern and/or opportunity.
  • Develop effective budgeting reports for use by company leaders for analyzing differences in budget to actual/forecasted numbers. 
  • Responsible for providing required annual data for the 401K True-Up, Corporate Tax Reporting, Workers Compensation Audits, Census Requests, and the External Audit.
  • Responsible for maintaining the Payroll Period Schedules by Pay Group to ensure proper salary expense accruals are calculated in Workday.
  • Responsible for timely and accurate posting of all payroll-related journal entries for month end close in accordance with the internal month end close schedule.
  • Handles special projects, ad hoc reporting and analysis as requested. Identifies and drives improvement opportunities and works closely with the Sr. Director, Pay Services to ensure improvement opportunities are implemented to provide timely and accurate information.
  • Independently create and maintain standard and ad-hoc reports and prepare financial analysis using Company systems and tools.
  • Assist with the development of training materials, including manuals, on-line tutorials, and end-user training classes for Company reporting tools, Workday and Adaptive Planning.
  • Strong working knowledge of PC-based software applications, including Microsoft Office with proficiency in Excel. Experience working in business reporting systems, to include utilizing systems knowledge to create, modify, and disseminate reports to drive business analytics and dashboards. Workday and Adaptive Planning experience a plus.
  • Strong organizational skills and detail oriented.
  • Ability to be flexible and perform in a fast-paced environment.
  • Special projects, as necessary.
  • Less than 5% travel is expected. 

Required skills/experience:

  • Bachelor's degree and a minimum of 1 year related payroll financial analysis experience and/or training; or equivalent combination of education and experience. Experience in Payroll and Payroll financial analysis required.
  • Ability to calculate figures and amounts such as fractions, percentages, ratios, and proportions to practical situations.
  • Proficient on company provided hardware and software, including Microsoft Office Suite.
  • Experience with Workday and Adaptive Planning a plus.
  • Strong financial modeling skills
  • System report writing

Apply Now!

Learn more about this role and our team by applying at https://careers.nascar.com/ for consideration.

NASCAR is committed to fostering a diverse work environment where all employees feel valued and empowered. NASCAR is an Equal Opportunity Employer (EEO). We seek to attract and retain the best qualified people available. All qualified applicants will receive consideration for employment without regard to race, color, gender, gender identity and expression, age, national origin, disability, religion, sexual orientation, genetic information, pregnancy, veteran status or any basis that is protected by applicable law except where a bona fide occupational qualification exists.

Top Skills

Adaptive Planning
MS Office
Workday
The Company
HQ: Daytona Beach, FL
1,930 Employees
On-site Workplace

What We Do

Welcome to NASCAR! We are a company unlike any other. We want you to bring your experience, skills and passion to our close-knit, high-energy environment in which our employees thrive and where you can prosper. We know the key to our success is our employees and we offer highly competitive salaries, a solid benefits package focused on wellness, and opportunities for you to grow and develop both personally and professionally. It won’t take you long to find out that you are on the right track here at NASCAR!

About NASCAR
The National Association for Stock Car Auto Racing (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 16 of the nation’s major motorsports entertainment facilities. NASCAR consists of three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR Gander RV & Outdoors Truck Series™), four regional series (ARCA Menards Series, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour), one local grassroots series and three international series. The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. NASCAR also owns Motor Racing Network, Racing Electronics, Americrown Service and ONE DAYTONA. Based in Daytona Beach, Florida, with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe.

For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat (‘NASCAR’).

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