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Panasonic North America · 1 week ago

Senior Payroll Accountant

Newark, NJ

Full-time

Onsite

Mid, Senior Level

$88K/yr - $92K/yr

5+ years exp

Panasonic North America is committed to improving lives through innovation, and they are seeking a Senior Payroll Accountant to manage complex accounting projects related to payroll. The role involves preparing journal entries, ensuring compliance with policies, and conducting financial analyses while providing guidance to less experienced staff.

AutomotiveConstructionElectronicsManufacturingPublic SafetyRetailSalesSupply Chain Management

No H1B

Responsibilities

Conducts complex assignments involving accounting projects

Prepare journal entries to record payroll activity Record month-end inter-company /divisional transactions relating to payroll activity Review and approve coding of payments/invoices to third party vendors (ADP print/garnishment/tax services, transit program, union dues, Health Savings Account)

Prepare accruals and other adjusting entries Identify and direct accounting treatment of payroll/tax/benefit transactions

Maintain the mapping tables of the general ledger chart of accounts (payroll and payroll tax related) in Workday

Reconcile sub-ledger to general ledger account balances Maintain accurate account and data reconciliation, including supporting sub-ledgers, journals, and other financial documentation within a cost efficient operation

Ensure full compliance with Parent Company and PNA policies, internal controls, and Sarbanes-Oxley Act

Ensures protection of company assets in all areas through front line knowledge and experience

Conduct initial internal control evaluations

Within the limits of delegated responsibility, approve certain transactions

Investigate, resolve, and report to the accounting manager any inconsistencies or improprieties

Review and interpret payroll accounting policies and procedures

Manage general ledger recording process (daily/weekly/quarterly/annual)

Assist with state and federal payroll, payroll tax and escheat audits

Identify, research, and resolve payroll deduction/benefit/tax g/l account discrepancies

Verify inter-company payroll assessments

Define and post reclass entries as needed

Review general ledger accounts and correct journal entries

Perform monthly balance sheet (payroll tax/deduction/benefit) variance analyses

Perform accounting analyses, such as, but not limited to: Balance sheet accounts, payroll tax, accruals, and department expense analyses

Prepare wage analyses and other ad-hoc requests

Qualification

Payroll accountingSAPExcelWorkdayMonth-end processAccrualsMulti-state payrollProblem-solvingCommunicationDetail-oriented

Required

BA/BS degree in Accounting and or/ Finance

5- 7 years of payroll accounting/payroll tax experience

Knowledge of SAP & strong competencies in Excel essential

Knowledgeable, organized, and detail oriented individual

Preferred

Workday knowledge a plus

Experience with Month end process, Accruals, and multi-state payroll

Benefits

Health Benefits - Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.

Voluntary Benefits - Life, accident, critical illness, disability, legal, identity theft, and pet insurance.

Panasonic Retirement Savings & Investment Plan (PRSIP) - 401(k) plan with company matching contributions and immediate vesting.

Paid Time-Off Benefits - Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.

Educational Assistance - Tuition reimbursement for job-related courses after six months of service.

Health Management and Wellbeing Programs -Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.

Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition

Annual Bonus Program - Opportunity for an annual performance-based bonus.