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Paylocity · 6 days ago

Client Funds Accounting Analyst (Tax)

United States

Full-time

Remote

Entry, Mid Level

$47K/yr - $60K/yr

2+ years exp

Paylocity is an award-winning provider of cloud-based HR and payroll software solutions. The Client Funds Accounting Analyst is responsible for reconciling all client held funds accounts, monitoring cash positions, and supporting various treasury functions, while collaborating with cross-functional teams.

Enterprise SoftwareHuman ResourcesInformation TechnologyRecruitingSaaSSoftware

Responsibilities

Analyze overall client balances and determine whether sufficient funds exist and assist with debt-management activities

Assists Specialists and Senior Specialists with reconciliation complexities and issues

Review and approve daily exception reporting and provide valuable insights and learning opportunities to the team and fostering a positive and collaborative atmosphere

Identify opportunities to streamline and automate the bank reconciliation process

Perform daily/weekly reconciliation for payroll/tax/benefit accounts with a higher level of complexity, proactively research and communicate issues within the team and cross functionally, and drive towards timely resolution

Monitor and reconcile bank accounts, ensuring accurate and timely recording of transactions

Prepare cash flow forecasting and analysis, providing insights and recommendations and investment opportunities

Regularly provides guidance and training to team for technical development

Support treasury-related projects, such as system implementations and work towards a goal of continued process improvements

Work closely with the Banking/Tax Treasury/TPA and Finance teams to coordinate fixes to system as needed and provide recommendations

Collaborate with internal stakeholders to enhance daily reporting, streamline processes, and enhance efficiency

A key player in supporting a timely, accurate and reliable month-end close

Report payroll, tax, and benefit exceptions to partners for review and resolution

Provide suggestions and write procedures to enhance overall process

Review and complete a full analysis of Client Credits requests in order to confirm funds available and minimizing risk

Monitor Salesforce queue and distribute accordingly

Reconcile incoming Wires/ACH’s for payroll/tax accounts

Supports Client Services inquiries

Demonstrates a strong sense of initiative and proactively takes ownership of tasks and shows a passion for continuous learning and professional development

Other duties and ad hoc projects, as assigned

Qualification

FinanceAccountingBank reconciliationCash flow forecastingPayroll service experienceMasterTaxWEXCobraPointAnalytical skillsMS applications proficiencyEffective communicationProblem-solving skillsAttention to detailOrganizational skillsTime management

Required

Bachelor's degree in Finance or Accounting

2+ years' experience in payroll service, banking operations, or service bureau account reconciliations

MasterTax, WEX, CobraPoint experience

Advanced money movement knowledge

Thorough understanding of payroll, tax, and benefits service bureaus

Strong analytical, effective communication, and problem-solving skills

Excellent attention to detail and ability to work with complex data

Strong organizational and time management skills

Ability to work independently and collaboratively in a team environment

Ability to work in fast paced environment

Proficiency level of experience with MS applications

High level of integrity