Payroll Tax Analyst

Job Description:

Payroll Tax Analyst

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role

As a Payroll Tax Analyst, you will be responsible for ensuring compliance with all payroll tax regulations and requirements for both US and Canada (USAC). Here, you will make an impact by:

• Tax Compliance: Ensuring that USAC complies with federal, state, provincial, and local payroll tax regulations by utilizing a third-party vendor to manage all tax preparations, ensuring accuracy and timeliness, including the preparation of year-end tax statements.
• Data Analysis: Analyzing payroll tax data to ensure accuracy and identify any discrepancies. Conduct regular audits of payroll tax records and resolve any issues that arise.
• Reconciliation: Vendor billing reconciliation to actual charges as well as resolving any tax account discrepancies.
• Regulatory Updates: Staying informed about changes in payroll tax laws and regulations. Implement necessary changes to payroll processes to maintain compliance.
• Collaboration: Working closely with HR, Finance, and IT departments to ensure seamless payroll processing and integration of payroll tax data (including stock integrations).
• Audit Support: Assist in internal and external audits related to payroll taxes. Provide necessary documentation and respond to inquiries from auditors and tax authorities.
• System Maintenance: Supporting the maintenance and enhancement of payroll systems to improve efficiency and accuracy in payroll tax processing.

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

• Bachelor's degree (completed and verified prior to start) from an accredited university and a minimum of two (2) years' experience in Payroll, Human Resources, and/or Finance in a private, public, government or military environment.

OR

• High School degree/GED (completed and verified prior to start) and a minimum of six (6) years' experience in Payroll, Human Resources, and/or Finance in a private, public, government or military environment

Additional qualifications that could help you succeed even further in this role include:

• Certified Payroll Professional (CPP) designation.
• Strong understanding of US and Canada federal, state (multi-state payroll tax), province and local payroll tax regulations and reporting requirements.
• Proficiency in payroll software (e.g., ADP SmartCompliance, Workday) and Microsoft Office Suite, particularly Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and organizational skills.
• Partnering with ADP on preparing and filing payroll tax returns, analyzing payroll tax data, and collaborating with various departments to ensure accurate and efficient payroll tax processing.
• Handling communications with outside federal, state, and local jurisdictions/authorities, as required, on related tax remittances, filing issue,s and governmental notices.
• Updating employee earnings for fringe benefits and other miscellaneous employee updates, including acquisition transactions.
• Handling year-end tax administrative duties, stock option processing, and projects as assigned.
• Ability to work independently and manage multiple tasks simultaneously.
• Strong communication skills, both written and verbal.

Work location:

• On-site at Maplewood, MN, or Austin, TX, OR Washington, DC, at least 4 days per week

Travel: May include up to 5% domestic

Relocation Assistance: Is not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.