CITGO Looking for Financial Analyst-Payroll Accounting at Friendswood, TX Full Time

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Parental Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation Benefits are not available for this position.

Employer will not sponsor visas for position

This position is a core member of the Payroll department responsible for providing basic to complex analysis of large volumes of data and preparing written and verbal presentations to be presented to senior management. The position actively supports all areas of the payroll process, resolving payroll-related issues, to ensure payrolls are processed in an accurate and timely manner The position manages and reports activity related to garnishment operations and sick leave/Family Medical Leave for all salaried and hourly employees. The position ensures compliance with federal and state guidelines, departmental, corporate and governmental policies and procedures. Position will be responsible for payroll system testing and research, and directly involved in closing monthly and quarterly accounting periods, posting complex journal entries, and completing general ledger account reconciliations. Critical and creative thinking skills are required for identifying issues before a potential problem is recognized. This position performs analytical tasks independent of direct supervision and identifies future risk to CITGO assets by responding to management directions but without day to day supervision.

College Degree – Bachelors

• Demonstrated knowledge of full-cycle payroll processing.
• Solid understanding and ability to research payroll tax laws and regulations to assist in resolving payroll issues.
• Ability to read and interpret legal documents accurately.
• General accounting experience required with ability to complete account reconciliations.
• Proficient in Microsoft Excel and PowerPoint with ability to use pivot tables, graphs, macros and complex formulas.
• Professional communication skills.
• Excellent time management, and organizational skills.
• Detail-oriented.
• Ability to work under tight deadlines.
• Ability to work both independently and as a member of a cross-functional team.
• Self-starter who can interact with various levels of management throughout the organization.
• Capacity of innovation, the ability to maintain skills as technology changes

The minimum number of years of job related experience required by this job is: 3 years with a Bachelors Degree OR an equivalent combination of experience with college hours.

Analyze payroll data to ensure compliance with control and disclosure requirements of the Sarbanes Oxley Act (SOX), company policies, and other regulatory mandates. Analyze large volumes of payroll data to develop, implement, and maintain key payroll metrics identifying non-compliance risks, recommending process improvements. Analyze, interpret, and respond to legal garnishment orders, consulting with Legal when needed. Research root causes of payroll issues and implement changes necessary for issue resolution. Analyze each payroll run to confirm all payroll garnishment deposits have been captured and remitted for payment, minimizing risks associated with non-compliance. Prepare detailed reconciliation of garnishment and other general ledger and vendor accounts, to confirm all garnishment and other deposits have been remitted.

Maintain knowledge of the payroll processing system, changes in compliance laws and company policies to ensure compliance with company policies, payroll best practices, and federal and state (including multi-state) regulations for garnishment and payroll tax withholding. Apply knowledge to establish and maintain payroll department best practices, policy and procedures.

Support Corporate Payroll Manager with implementation, maintenance, review, and processing of payroll. Complete comparative and year to date payroll reporting to ensure accuracy of payroll data. Respond to ad hoc and routine reporting requests with completion of reports for annual/monthly budget planning, employee-specific data reporting, compensation data, etc. Support business units with resolution of incorrectly reported payroll data and reclassification of payroll costs. Provide guidance and make recommendations regarding complex payroll related matters to payroll staff and impacted departments. Compile and analyze payroll data, prepare necessary journal entries, and reconcile payroll balance sheet accounts with analysis of data. Prepare audit support and work directly with external auditors as needed.

Participate in special analyses and projects as directed by management.