Senior Analyst, Client Payroll Operations
Who We Are
Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About The Role
We are seeking a highly skilled and motivated CW Payroll Analyst / Senior Analyst to join our Payroll Operations team. This role is ideal for a payroll professional with strong US payroll tax compliance knowledge, excellent analytical skills, and hands-on experience with tax corrections, wage adjustments, W-2C processing, garnishments, and payroll discrepancies.
What You Will Do
US Payroll Tax & Corrections: Process and validate wage adjustments, Wage Moves, W-2C corrections, and other payroll tax adjustments.
Tax Compliance: Apply knowledge of FIT, Social Security, Medicare, and state/local payroll taxes, including tax rates, wage limits, and withholding requirements.
Garnishments: Process and validate child support, tax levies, creditor garnishments, and other court-ordered deductions.
Data & Quality: Review payroll data, identify discrepancies, perform reconciliations, and ensure accuracy and compliance.
Issue Resolution: Research complex payroll issues, identify root causes, and implement effective resolutions.
Offboarding & FNF: Process offboarding transactions and Full & Final payments accurately and timely.
Collaboration: Partner with Payroll, Service Delivery, Client Services, and other teams to resolve issues and improve processes.
Continuous Improvement: Identify recurring issues, recommend preventive controls, and support process improvements.
Team Support: Share knowledge, guide analysts, and support timely completion of team deliverables.
Required Qualifications
Bachelors in any stream with 2 - 5 years of experience in Payroll Analytics.
DEPTH Knowledge of U.S tax compliance
Strong understanding of:
Federal Income Tax (FIT)
Social Security and Medicare
US state and local payroll taxes
Taxable and non-taxable wages
Wage bases and applicable tax limits
Payroll withholding requirements
Excellent attention to detail and accuracy.
Ability to collaborate and work in a team environment as well as work independently.
Organizational skills include the ability to multi-task, set priorities, and follow up in a timely manner.
Excellent attention to detail and a strong focus on payroll accuracy and compliance.
Ability to work independently while effectively collaborating with cross-functional teams.
Strong organizational skills with the ability to manage multiple priorities and meet strict payroll deadlines.
Proficiency in Microsoft Excel, including formulas, lookups, filtering, sorting, and pivot tables.
Ability to analyze large datasets and identify trends, anomalies, and root causes.
Excellent written and verbal communication skills.Experience working with VMS and payroll systems (e.g., Beeline, FieldGlass, PeopleSoft, Ceridian) is a plus.
What Magnit Will Offer You
At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!
Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!
If this role isn’t for you
Stay in touch, we will let you know when we have new positions on the team.
To see a complete list of our open career opportunities please visit.
https://magnitglobal.com/us/en/company/careers.html
To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.
As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
By applying to this role, you consent to Magnit safely storing and managing your personal data. Please read this link to learn more.
https://magnitglobal.com/us/en/privacy-notice.html
Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About The Role
We are seeking a highly skilled and motivated CW Payroll Analyst / Senior Analyst to join our Payroll Operations team. This role is ideal for a payroll professional with strong US payroll tax compliance knowledge, excellent analytical skills, and hands-on experience with tax corrections, wage adjustments, W-2C processing, garnishments, and payroll discrepancies.
What You Will Do
US Payroll Tax & Corrections: Process and validate wage adjustments, Wage Moves, W-2C corrections, and other payroll tax adjustments.
Tax Compliance: Apply knowledge of FIT, Social Security, Medicare, and state/local payroll taxes, including tax rates, wage limits, and withholding requirements.
Garnishments: Process and validate child support, tax levies, creditor garnishments, and other court-ordered deductions.
Data & Quality: Review payroll data, identify discrepancies, perform reconciliations, and ensure accuracy and compliance.
Issue Resolution: Research complex payroll issues, identify root causes, and implement effective resolutions.
Offboarding & FNF: Process offboarding transactions and Full & Final payments accurately and timely.
Collaboration: Partner with Payroll, Service Delivery, Client Services, and other teams to resolve issues and improve processes.
Continuous Improvement: Identify recurring issues, recommend preventive controls, and support process improvements.
Team Support: Share knowledge, guide analysts, and support timely completion of team deliverables.
Required Qualifications
Bachelors in any stream with 2 - 5 years of experience in Payroll Analytics.
DEPTH Knowledge of U.S tax compliance
Strong understanding of:
Federal Income Tax (FIT)
Social Security and Medicare
US state and local payroll taxes
Taxable and non-taxable wages
Wage bases and applicable tax limits
Payroll withholding requirements
Excellent attention to detail and accuracy.
Ability to collaborate and work in a team environment as well as work independently.
Organizational skills include the ability to multi-task, set priorities, and follow up in a timely manner.
Excellent attention to detail and a strong focus on payroll accuracy and compliance.
Ability to work independently while effectively collaborating with cross-functional teams.
Strong organizational skills with the ability to manage multiple priorities and meet strict payroll deadlines.
Proficiency in Microsoft Excel, including formulas, lookups, filtering, sorting, and pivot tables.
Ability to analyze large datasets and identify trends, anomalies, and root causes.
Excellent written and verbal communication skills.Experience working with VMS and payroll systems (e.g., Beeline, FieldGlass, PeopleSoft, Ceridian) is a plus.
What Magnit Will Offer You
At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!
Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!
If this role isn’t for you
Stay in touch, we will let you know when we have new positions on the team.
To see a complete list of our open career opportunities please visit.
https://magnitglobal.com/us/en/company/careers.html
To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.
As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
By applying to this role, you consent to Magnit safely storing and managing your personal data. Please read this link to learn more.
https://magnitglobal.com/us/en/privacy-notice.html
Recommended Jobs
Junior Accountant
Posted just now
SDE 2 (Backend)
Posted just now
Loan IQ SDK Developer
Posted just now
Derivatives - Manager
Posted just now
Senior Tester
Posted just now