Senior Payroll Tax Analyst

at  Fox Corporation

OVERVIEW OF THE COMPANY

Fox Corporation
Under the FOX banner, we produce and distribute content through some of the world’s leading and most valued brands, including: FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. We empower a diverse range of creators to imagine and develop culturally significant content, while building an organization that thrives on creative ideas, operational expertise and strategic thinking.

JOB DESCRIPTION

As a Senior Payroll Tax Analyst, you will be responsible for the payroll tax reporting, compliance, liabilities, and the filing of associated employment tax returns for multiple FEINS in multiple states. You will also be responsible for ensuring the integrity of employee wage and tax data reported on employees’ Form W-2.
You will drive efficiencies through creative problem-solving and analysis as you work with large volumes of complex data to draw conclusions that identify process improvements and automations, improve accurate and timely tax payments and filings.

• Ensure the accuracy, timeliness, and completeness of all monthly, quarterly, and annual tax filings, amendments, and reporting including employee W-2s and W-2c’s
• Reconcile all tax and wage amounts for multiple legal entities monthly, quarterly, and annually between payroll system and third-party tax service. This includes reconciliation of W-2s to payroll tax reports and the quarterly 941 returns to W-2 totals. Research and correct any discrepancies
• Analyze payroll tax issues and provide recommendations for solutions relating, but not limited to employee mobility, reciprocal taxation, stock taxation and reporting, inpats and expats, employer-provided fringe benefits and local taxation
• Review and reconcile all daily tax and wage amounts submitted to third-party tax service. Research any discrepancies and handle accordingly
• Review all Workday tax updates and test accordingly. Communicate key changes to Payroll team and HR as necessary
• Review third-party sick pay and ensure appropriate reporting
• Perform monthly, quarterly, and annual reconciliations of gross earnings to taxable wages to validate accuracy of taxable wages
• Submit tax notices and facilitate resolutions in coordination with third-party tax vendors timely to avoid penalties and interest. Research and determine root cause and work with the appropriate parties to take action to avoid future issues
• Provide excellent customer service in researching and responding to payroll tax-related inquiries from employees, agencies, and other internal/external parties
• Research all W-2 correction inquiries. Complete and submit all W-2c’s for review and approval. Distribute W-2c through appropriate channel
• Partner with Payroll team to ensure state and local taxes are set up correctly for employees, particularly for employees who live and work in different states
• Maintain unemployment tax rates and communicate changes to third-party tax services
• Apply and register for new state SUI and withholding tax accounts for new locations, FEINS, as needed
• Prepare various tax returns and reporting not filed by third-party tax service, including other required government reporting
• Collaborate with Manager to enhance, streamline, and document payroll tax processes
• Maintain knowledge of federal, state, and local tax regulations, including taxation of fringe benefits, by studying existing and new legislation. Ensures compliance and advise management on needed actions