Staff Payroll Accountant
PNA Panasonic Corp of N. America - Secaucus, NJ

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Panasonic's vision of the digital future is driven by the needs and aspirations of our business customers and millions of consumers around the world who use our products every day. We share their dream to live a fuller life by providing ways of working smarter and enjoying the rewards of technological advances. At Panasonic, our success depends on every single employee's contributions - because the more we grow as individuals, the more we grow as a company.
          Currently, Panasonic Corporation of North America (PNA) is seeking a Staff Payroll Accountant. The Staff Payroll Accountant conducts assignments involving payroll accounting projects. This position requires a broad knowledge of accounting practices and procedures, and a specialized knowledge of payroll and payroll tax accounting. At Panasonic, we are constantly striving to improve and grow both personally and professionally. We put our customer first, and demand only the best. We are looking for those that share our passion. Accountabilities: Financial Data Management Prepare journal entries to record payroll activity Record month end inter-company /divisional transactions relating to payroll activity Reconcile activity, and prepare funding to third party vendors (ADP print/garnishment/tax services, transit program, union dues, home./auto/pet insurance). Prepare accruals and other adjusting entries Record accounting treatment of payroll/tax/benefit transactions. Maintain the general ledger chart of accounts (payroll and payroll tax related) Maintain translation file (mapping of earnings and deduction codes) between Workday payroll and SAP g/l systems. Maintain accurate account and data reconciliation, including supporting sub-ledgers, journals, and other financial documentation within a cost efficient operation. Assist with year-end W2 adjustment process. Controls and Compliance 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. Follow payroll accounting policies and procedures Ensure that all funding transactions are properly recorded to the general ledger (daily/weekly/quarterly/annual). Control month end general ledger interface process. Control monthly relocation gross up process Assist with state and federal payroll, payroll tax and escheat audits Financial Analysis 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 post correcting journal entries Perform monthly balance sheet (payroll tax/deduction/benefit) variance analyses Qualifications Qualifications: Scope: Control general ledger postings and interfaces. Overtime required. Education and Experience: Knowledgeable, organized, and detail oriented individual, with a BA/BS degree preferred. Five-years of payroll accounting/payroll tax experience. Knowledge of SAP & strong competencies in Excel essential; Workday knowledge a plus. Willing to travel for training. Problem-Solving: Fact-finding and analyses are critical parts of the job. Analysis requires assembling facts and evidence from a variety of sources, both internal and external, using considerable latitude in applying the proper analytical methodology. Ability to create solutions by drawing on formal education, work experience, and outside resources. Communications: Provide frequent, and at times complex, explanation of reconciliation findings to manager and to ADP Outsource Services. Key competencies: Major strengths: Learning, Thinking, and Passion-Results Other key strengths: Accruals, Reserves, Liabilities In addition to an environment that’s as innovative as our products, we offer competitive salaries and benefits. We are committed to creating a diverse work environment and proud to be an equal opportunity employer (m/f/d/v). Pre-employment drug testing is required. Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S. Thank you for your interest in Panasonic Corporation of North America.