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Accounting Payroll Analyst

Monster
 
 
 
 

Job Summary

Company
Lundbeck
Location
IL
Industries
Other/Not Classified
Job Type
Full Time
Employee
Career Level
Experienced (Non-Manager)
Job Reference Code
4310_1679

Accounting Payroll Analyst

About the Job


Accounting Payroll Analyst


SUMMARY:


No company knows the brain better. Lundbeck is uncompromisingly committed to the research, development and delivery of targeted therapies for people living with significant psychiatric and neurological disorders. At Lundbeck, we believe life is too beautiful to be interrupted by brain disorders. So, we pursue imaginative solutions, driven by passionate people committed to do the right thing for our patients, our company and our communities. Lundbeck strives to be a leader in depression, schizophrenia, Alzheimer’s disease and Parkinson’s disease.


For Lundbeck, making a meaningful difference for patients is more than an aspiration: it is a commitment that shapes everything we do. Our advocacy for patients isn’t an invented “company value” – it is at the core of who we are and motivates every individual at Lundbeck. Our ongoing engagement with patient communities is not what you might expect from a pharmaceutical company – we create our own programs to help patients and caregivers not simply manage their conditions but thrive in spite of them.


The Accounting Payroll Analyst position is responsible for multiple aspects of Payroll processing for Lundbeck NA (US and Canada). In addition to oversight of semi-monthly and special payouts, this position complete key control assessments and partners to complete internal audits to ensure accuracy. Other compliance activities include completing payroll related taxes and banking calculation/submissions, drafting written policies and procedures, maintaining auditor support documentation and assisting with 401K audit.


ESSENTIAL FUNCTIONS:



  • Processes payroll in a timely and accurate manner including special payouts such as incentives, gift reporting, expatriate payments, gross-ups, and other related activities.

  • Analyzes all payout previews for possible errors in earnings and/or deductions. Partners with external vendor on any noted discrepancies to ensure resolution.

  • Completes quarterly and year-end analyses to ensure government and compliance reporting is accurate and adheres to auditor requirements.

  • Assists with accruals and payroll journal entries as necessary for proper posting in SAP.

  • Prepares wire transfers and ACHs for payroll and related vendors including 401K, FSA, and deferred compensation, etc.

  • Audits and reconciles payroll taxes including Forms 941, 940, and any state related taxes.

  • Manages all correspondence and tracking of payroll tax notices including coordination with internal legal team and ADP as needed for special scenarios.

  • Administrates the credit card system for the Lundbeck NA (US and Canada) including card setup and issue resolution with the vendor.

  • Updates Department policies to reflect new or improved business processes including controls and workflow and leads continuous improvement efforts in the department.

  • Supports the administration of Worker’s Compensation activities.            


REQUIRED EDUCATION, EXPERIENCE and SKILLS:


 



  • Bachelor of Arts or Bachelor of Sciences degree from an accredited college or university

  • 2+ years of prior payroll experience including experience with Multi-EIN payroll processing

  • 3+ years of working with cross functional partners in a business environment

  • Advanced Excel proficiency (sort/filter, Pivot table, and V-Look-up)

  • Strong attention to detail and demonstrated accuracy

  • Proven analytical skills

  • Ability to work in a fast-paced environment and provide deliverables timely

  • Ability to work independently, take initiative, and proactively communicate with manager and key business partners


PREFERRED EDUCATION, EXPERIENCE AND SKILLS:



  • Fundamental Payroll Certification (FPC) or Certified Payroll Professional certification (CPP)

  • Accredited BS degree in Business Administration or related field

  • Internal Audit or SOX Compliance Experience

  • Experience with SAP accounting software

  • Experience in analyzing payroll taxes


TRAVEL



  • Willingness/Ability to travel up to 10% domestically. International travel may be required.


 


 

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