Old Republic Title · 3 days ago
Senior Payroll Accountant
Minnetonka, MN
Full-time
Hybrid
Mid, Senior Level
$85K/yr - $95K/yr
2+ years expOld Republic Title is seeking a highly motivated and organized Senior Payroll Accountant to manage the accounting processes related to payroll and benefits. This role involves processing journal entries, completing month-end close, audit support, and ensuring the accuracy of payroll processing while maintaining general ledger integrity.
InsuranceMortgageReal Estate
Responsibilities
Coordinate the month end close process including recording journal entries and maintaining a detailed journal entry checklist, communicating with business partners, and proactively troubleshooting issues as they arise throughout the close. Prepare and process payroll transactions into general ledger
Own and facilitate the Payroll to GL mapping process including designing new mappings and maintaining existing models. Pursue knowledge of payroll application including earnings, taxes deductions (codes), GL business rules and independently ensure proper GAAP accounting
Develop proficiency in Payroll system reporting as means to troubleshoot payroll accounting issues and obtain account reconciliation support
Transition payroll compensation accruals from SVP if/when management approves transition of confidential data
Partner with HR and Payroll team to initiate process improvement, where possible
Perform account reconciliations for related balance sheet accounts including wages, taxes, benefits, and deductions, providing robust support for all account balances. This would also entail providing detailed variance explanations of specific accounts; researching reconciling items and partnering with business to identify process improvements, as needed
Investigates and resolves discrepancies between payroll records, bank accounts, and the general ledger. More specifically, collaborate with the Bank Reconciliation supervisor to improve cash transaction matching
Document detailed accounting processes related to full cycle benefits and payroll, include AP invoices, check request, treasury actions and manual journal entries
Assist with audits (internal, external, or regulatory) by providing payroll-related reports and documentation
Conducts data analysis to identify trends and provides insights for planning or management review, as needed
Qualification
Required
Bachelor's degree in finance or accounting
2-3 years of accounting experience
Proficiency with Microsoft Excel and accounting software
Excellent professional written, verbal, listening and communication skills
Ability to foster, develop and maintain professional and collaborative working relationships
Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person
Actively listens and is mindful of the role body language, gestures and other nonverbal actions can play in communication
Preferred
Experience with payroll accounting and systems (ADP, UKG, Workday)
Benefits
Comprehensive medical, prescriptions, dental and vision plans
401(k) plan with a discretionary company match
Shareholder Purchase and Reinvestment Plan
Basic life and accidental death and dismemberment insurance premium paid by the company
Voluntary supplemental life insurance for employees, spouses and dependent children
Fertility and Family Building Benefits
Paid Disability benefits
Paid time off programs
11 Company paid holidays per year
Flexible spending account
Health savings account (available to High Deductible Health Plan participants only)
Employee Assistance Program
Educational Assistance Program
Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
Transportation benefit plan for mass transit, parking and vanpool, in several markets
Company
Old Republic Title
Old Republic Title is one of the largest title insurance groups* in the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Carolyn Monroe
President and CEO
Blane Bauch
SVP Chief Revenue Officer | National Services Division
Company data provided by crunchbase