Payroll Tax Analyst

Job Description:

Who We Are:
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless
experience into the real world.

On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring
editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of
becoming the preeminent destination for luxury internationally.

Role Summary:
As a Payroll Tax Analyst your primary responsibility is partnering with our offshore team where guidance is required on payroll processing, payroll tax
and system requirements with minimal supervision. You'll troubleshoot payroll issues, determines root cause and partners with the Payroll Team, IT, and PBPs to develop proactive measures to achieve best practices and regulatory
compliance. You will also be responsible for system testing of system enhancements/fixes and will provide support and expertise in other project work. This role is being added to coordinate area responsibilities both internally to Payroll and externally to other business units.

Key Qualifications:

Required Qualifications (Minimum Requirements)

● Bachelor’s Degree in a business related field or comparable Payroll experience. CPP designation recommended.
● Must understand payroll fundamentals, policies and regulations.
● Must have experience with reconciling financial records
● Must have experience building and merging reports in Microsoft Excel
● Must have 2-4 years of payroll experience, specifically within payroll tax. Experience in payroll conversions is highly recommended but not required.
● Must be proficient in advanced Microsoft Excel and Office.
● Knowledge of the Workday payroll system is a plus.

Preferred Qualifications (nice to haves):

● Proficient in Microsoft Office applications with advanced knowledge of excel preferred (i.e. pivot tables, vlookup, and sumif formulas)
● Strong verbal and written communication skills
● Highly organized, rigorous and detail-oriented individual who thrives in a fast-paced, high energy environment
● Must have strong analytical skills
● Intellectual curiosity and eagerness to learn new and different topics
● Demonstrated ability to work independently and is resourceful, creative and time sensitive juggling multiple projects for challenging deadlines
● Able to deal with confidential information and/or issues using discretion and judgment

Role Description:

Traditional Payroll Support

● Provide processing support to the payroll team for U.S. multi state payrolls.
● Support the preparation of payroll audits and reporting.
● Research and resolve internal and external customer inquiries ranging from moderately complex to complex in a timely manner. Communicating results while displaying courtesy, tact and discretion while also preserving
confidentiality.
● Independently performs analysis on payroll data issues and system defects; monitor and drive prompt issue resolution ensuring accuracy of end to end payroll processing by partnering with IT and escalating to management as necessary.
● Partner with the Finance and Benefit Teams on monthly, quarterly and year-end reporting and reconciliations.
● Evaluates current systems and processes; recommends, develops and documents operating efficiency improvements to maintain compliance and adopt best practices
● Ensures proper documentation of and adherence to payroll business processes.
● Participates in ad-hoc projects and assists in testing system enhancements and patches in Workday and ADP.
● Assists in collecting payroll operation benchmark metrics and track monthly reports/metrics to show trends and potential improvement opportunities. Effectively communicate results to management

Payroll Tax Support
● Collaborate with Sr Manager, Payroll on tax related research related to new legislation, tax notices and registrations for new jurisdictions.
● Ensure inquiries related to payroll taxes are addressed and resolved in a timely manner.
● Work alongside Sr Manager, Payroll with the payroll third party vendor (ADP) to ensure accurate filing of employment taxes for all US banners. This includes periodic, quarterly, and annual filings. This will include the accurate and timely filings of W2’s, W2-c’s, and T-4’s.
● Evaluate tax implications and risk of proposed business initiatives, advise on process improvement and ensure compliance.
● Assist with audits and provide necessary documentation and support.
● Stay up-to-date with changes in payroll related tax laws and legislation and identify potential impacts to the business.
● Manage new earning / deduction codes for appropriate taxability.

Your Life and Career at Saks:
● Exposure to rewarding career advancement opportunities
● A culture that promotes a healthy, fulfilling work/life balance
● Benefits package for all eligible full-time employees (including medical, vision and dental).
● An amazing employee discount

Thank you for your interest in Saks. We look forward to reviewing your application.

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex,
national origin, age, disability or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing
nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment,
including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations

are available upon request in relation to the materials or processes to be used.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.