Senior Payroll Specialist

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

We are seeking a meticulous and detail-oriented Senior Workday Payroll Specialist to join our payroll team. The ideal candidate will have a strong understanding of payroll processes, accounting principles, and tax regulations. This role will be responsible for supporting processing of payrolls, general ledger postings, and reconciliation of payroll payments. This role requires a combination of payroll expertise in the Workday platform, deep understanding of payroll processes and financial implications, and strong reconciliation skills.

Location: This role can be hybrid-based reporting to our office in Deerfield, IL at least 3 days per week (Tuesday/Wednesday/Thursday). Mondays and Fridays may be done from home.

What you will be doing

• Reconcile, configure, and process multiple general ledger files by division accounting for all differences, including support of questions regarding the entries, correcting errors within the payroll systems and providing adjustments as needed.
• Reconcile and resolve Payroll tax submission though ADP Smart Compliance.
• Reconcile and process weekly integrations with funding to third parties accounting for all differences for net pay, taxes, garnishments, etc.
• Process payments for highly compensated employees including Stock, Non-Qualified, and other Perquisites/Programs with an understanding of state and federal tax implications to ensure compliance.
• Collaborate with multiple Finance teams to gather requirements for payroll account postings to multiple general ledgers.
• Conduct financial analysis of payroll-related expenses, including labor costs, benefits, taxes, and other payroll-related liabilities, to identify trends, variances, and opportunities for improvement.
• Identify opportunities for process improvement to enhance payroll efficiency, accuracy, and compliance.
• Serve on cross departmental teams and provide payroll accounting support for project teams including acquisitions.
• Support new procedures/projects and improvements due to business changes, operational requirements, strategic initiatives, and legal requirements.

Qualifications

Basic Qualifications:

• 5+ years of experience in processing payroll and supporting payroll accounting
• Understanding of Workday report building from payroll results and account posting rules (GL configuration)
• Deep understanding of payroll processes, payroll tax, regulations, and compliance requirements
• Thorough knowledge of Microsoft Office (Word, Excel, and PowerPoint) including a strong understanding and experience with database, spreadsheet, and report-writing tools
• Strong analytical and problem-solving skills, with the ability to reconcile accounts and resolve discrepancies
• Strong attention to detail and discretion
• Excellent time management and organizational skills

Nice to have:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related subject or equivalent experience (high school diploma or GED with 5+ years of experience).
• Ability to partner with others and collaborate across the organization
• Proven ability to multitask and manage multiple competing priorities
• Ability to thrive in a fast-paced, collaborative, dynamic, and results-driven environment

Additional Information

Company Description:

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you