Payroll US Tax Reconciliation /Tax Funding-Team lead
About the Company:
ARA's Client is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions - underpinned by the world's largest delivery network - ARA's client works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 492,000 people serving clients in more than 120 countries, ARA's Client drives innovation to improve the way the world works and lives.
The Role: We are looking for an experienced US Tax Reconciliation Tax Funding Team Lead who will oversee and manage the tax reconciliation and funding processes for our organization.
Key Responsibilities:
- This role requires strong leadership skills, deep knowledge of tax compliance, and the ability to ensure accuracy and efficiency in tax funding operations.
- Lead and manage a team responsible for US tax reconciliation and tax funding activities.
- Ensure timely and accurate reconciliation of payroll tax liabilities, deductions, and filings.
- Collaborate with payroll, accounting, and finance teams to gather necessary data for tax funding calculations.
- Monitor and analyze tax discrepancies and resolve issues promptly.
- Coordinate with external tax advisors and regulatory agencies to ensure compliance with federal, state, and local tax laws.
- Develop and implement strategies to optimize tax funding processes and enhance efficiency.
- Prepare and review tax funding reports and presentations for senior management.
- Train and mentor team members to ensure they have the necessary skills and knowledge to perform their duties effectively.
Skills Required:
- Strong understanding of payroll tax regulations, compliance requirements, and IRS guidelines.
- Experience with payroll tax software and systems (e.g., ADP, UltiPro, SAP).
- Excellent leadership, communication, and interpersonal skills.
- Ability to analyze complex tax issues and provide effective solutions.
Team support:
- Plan proper allocation of work.
- Support Team lead / Manager with Daily stats / reporting and OPEX MOS.
- Enrich team members with a clear sense of direction and understanding of each other's' responsibilities.
- To be available on the floor through the day to resolve process related issues.
- Participate in Team building activities.
- Create effective QC and Audit mechanism within process to ensure delivery on SLA's.
Client support:
- Update process metrics on daily basis and maintain MIS.
- Support special process requirements to meet client requests/demands.
- To continue strengthen work relationship with Onshore Teams.
- Apply procedures to ensure accuracy of output and adopts continuous improvement approach.
- Always demonstrate the highest level of customer service.
- Pay close attention to detail and follow through to resolve any outstanding issues.
- Goes beyond immediate requests and activities to ensure both own and related tasks are completed.
- Participate in client conference calls and prepare 'minutes of meeting'.
Competencies:
- Adapt to changing environment and support of multiple clients (where needed).
- Analyze/interpret data and take appropriate action.
- Demonstrate maturity in dealing with sensitive and confidential matters.
- Must have the ability to take judgmental decisions in line with the requirement to directly influence customer satisfaction and expectations.
- Mentoring skills.
Qualifications and Experience:
- Bachelor's degree in Accounting, Finance, Business Administration, or related field (or equivalent work experience).
- 8- 10 years of Experience
- Proven experience in US tax reconciliation and tax funding, with at least 6-8 years in a supervisory or team lead role.
- CPA - Certified Public Accountant) preferred
Application Knowledge:
- Workflow management tool - Service Now
- Dayforce Payroll Tool
- Outlook mailbox/ Group mailbox
- MS Office Excel, Word, PowerPoint and Visio
- Internet explorer: SharePoint
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