Payroll Tax Accountant, Payroll Accounting, Comptroller's Department

Company: The Port Authority of New York & New Jersey
Location: Jersey City
Posted on: March 11, 2023

Job Description:

Description ResponsibilitiesAs a reporting Department to the Chief Financial Officer, the Comptroller's Department is a team of dedicated professionals who ensure the accuracy of the Port Authority's finances. As part of the Comptroller's Department team, you will gain insight and experience surrounding the agency's financial structure and internal control processes as well as knowledge of the operations of our various lines of business, giving you extensive opportunities for a long-term career at the Port Authority.Reporting directly to the Payroll Tax Accounting Supervisor, the selected candidate's responsibilities will include, but are not limited to:

• Responsible for the reconciliation and preparation of weekly tax payments for Federal, New York, New Jersey and Pennsylvania taxing authorities.
• Responsible for preparing and reporting employment statistical data to NYS, Bureau of Labor Statistics and US Department of Commerce.
• Ensure employee tax deductions match residency and work locations including processing Worker's Compensation adjustments.
• Prepare and file quarterly and annual returns for Port Authority withholdings to corresponding Federal and State taxing authorities including the annual issuance of W-2's.
• Reconcile Payroll Balance Sheet Accounts.
• Complete special assignments. Document and streamline existing business processes. Ensure complex and/or sensitive data is compiled, documented and presented in a clear and concise mannerQualificationsCandidates must present the following qualifications to be considered eligible for this position:
  • Bachelor's Degree in Accounting or Corporate Finance from an accredited college or university with a minimum of 3 years of relevant work experience.
  • In lieu of Bachelor's Degree a minimum of 7 years of relevant work experience can be accepted.DesiredIdeal candidates will present the following profile:
    • Master's degree in Accounting, Finance or Business from an accredited college or university and/or a CPA is preferred.
    • Demonstrated ability to handle multiple assignments, meet deadlines, work independently, prioritize work and perform effectively under pressure.
    • Demonstrated analytical, decision-making and problem solving skills with a strong understanding of accounting and tax.
    • Demonstrated supervisory skills.
    • Effective written, oral and interpersonal communication skills.
    • Ability to interact effectively with internal staff at all levels and external business partners.
    • Thorough working knowledge of Microsoft Office Suite applications.
    • Working knowledge of PeopleSoft and SAP.
    • Knowledge of the Port Authority accounting and financial structure.
    • Knowledge of Port Authority business and operations.

Keywords: The Port Authority of New York & New Jersey, Jersey City , Payroll Tax Accountant, Payroll Accounting, Comptroller's Department, Human Resources , Jersey City, New Jersey