Senior Associate, Payroll Tax

at  BNY Mellon

SENIOR ASSOCIATE, PAYROLL TAX

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Senior Associate, Payroll Tax to join our People Team. This role is located in Pittsburgh, PA – HYBRID.

EMPLOYER DESCRIPTION:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

Completes all payroll tax process for an assigned region with highly complex tax regulations.
Activities may include reviewing a high volume of tax statements and certifications, independently preparing tax records and accounting documents and developing reports for management.
Addresses control and cash management issues and completes complex balance sheet accounting, including reconciling benefits, equity and tax payroll fees with payments out to tax and regulatory agencies.
May check work completed by more junior professionals.
Tax and accounting records prepared are usually complex in nature with extensive legal and financial implications for the organization.
May review reports prepared by more junior professionals.
Advises senior payroll colleagues and regional managers on tax requirements and regulations to ensure yearly tax activities are completed in compliance with regional laws. Analyzes tax processes, develops reports and suggests improvements to management.
Ensures that end of year tax payments and benefits statements are completed as required by regional law.
Activities completed are often complex and large in volume.
Independently develops recommendations for Regional Managers and Senior HR Business
Partners on complex tax matters related to payroll provisions in the assigned region.
Recommendations may have significant legal or financial implications for the organization.
Confirms the accuracy of recommendations produced by more junior professionals.
Serves as the regional point of contact for payroll tax concerns and questions.
Receives complex payroll tax questions from managers and employees escalated by Customer Service.
Independently addresses complex issues and receives issues escalated by more junior professionals and works toward resolution.
Implements tax law and regulation changes into regional payroll systems.
Adapts changes to fit the needs and laws of all countries within the assigned region.
Advises more junior professionals on appropriate implementation procedure and may be responsible for developing strategies to communicate changes.
Advises Payroll Administration professionals on best practices for ensuring payroll procedures continue to comply with tax requirements.
Independently reconciles payroll tax reporting after each pay run to ensure regional tax filings are correct.
Responsible for weekly and quarterly tax filings and for the reconciliation of cash activity to Payroll Administration and the tax service(s) relevant to the countries within the assigned region.
Completes assigned reconciliation tasks and may review the work of more junior professionals.

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

No direct reports
Provides guidance to more junior professionals.
May lead a project team where leadership skills are required.
Bachelor‘s degree or the equivalent combination of education and experience is required.
5-7 years of total work experience is preferred. Background in Payroll Administration and/or Accounting is preferred.
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023