Description
The Principal Coordinator - Payroll Tax Specialist delivers critical payroll activities, including accurate tax and garnishment setup in the Workday payroll system, state and local tax account maintenance, and compliance with laws and regulations.
Responsibilities:
- Perform daily payroll tax tasks, including federal and state tax form entry, payroll and tax adjustments, and tax reconciliation.
- Calculate gross pay to net pay outside the payroll system and explain to associates.
- Determine local taxation based on home and work location.
- Review payroll system output for errors and make corrections.
- Assist HR partners and help centre representatives with payroll tax inquiries.
- Provide guidance to associates with tax questions.
- Handle phone calls and inquiries requiring detailed payroll process knowledge.
- Conduct audits of payroll data for compliance.
- Assist with year-end W2 reporting.
Basic Qualifications:
- High school diploma or equivalent.
- At least 1 year of payroll or accounting experience.
Preferred Qualifications:
- Associate degree.
- Payroll tax experience.
- Multi-state payroll experience.
- Local tax experience.
- Understanding of gross to net calculations.
- Familiarity with pay and benefit programs.
- Strong math and communication skills.
- Professional certification.
- Experience with case management systems and Workday HR System.
The role is hybrid, requiring adherence to Capital One's hybrid policy.
The salary range for this role in Richmond, VA is $56,800 - $64,800 per year.
Capital One offers comprehensive benefits, including health, financial, and other perks.