Looking for a great senior payroll analyst job in Boston? At Daley and Associates, we offer superior recruiting results, specializing in auditing and financial placement.
Senior payroll analysts play a key role in helping a firm to conform to fiscal rules. He or she assists senior leadership ensures regulatory compliance by making certain that employees abide by fiscal rules and industry practices. The senior payroll analyst works under the direction of a payroll tax manager to evaluate salary information, ensuring it is accurate. He or she also partners with corporate treasury and accounting department employees to ensure that employment tax amounts are transferred to revenue agencies on time.
Specific duties of the senior payroll analyst include creating reports for information pertaining to retirement and payroll; communicating with employees regarding changes in salary, benefits, etc.; entering changes to employee payroll records; calculating key, total, and balance substitute payrolls; and handling voluntary and involuntary deductions.
Education requirements for senior payroll analysts include a Bachelor’s or Master’s degree in Accounting, Auditing, Taxation, or Finance. A payroll analyst with a Bachelor’s degree may be promoted faster if she seeks a professional certification such as a Certified Financial Manager (CFM) designation. A talented payroll analyst may move up to a senior position within two to five years. A senior payroll analyst who manages a large department or works for a multinational company may hold a Certified Public Accountant (CPA) or an Enrolled Agent (EA) designation.
According to Indeed.com , the average salary for a senior payroll analyst in Boston is $68,000. That’s 15 percent higher than the national average pay of $59,000 for a senior payroll analyst.
According to PayScale Inc., popular industries for senior payroll analysts include business process outsourcing, financial services, software development, payroll services, and manufacturing. Eighty percent of senior payroll analysts are women and twenty percent are men. Thirty-six percent have between 10 and 19 years of experience.
According to the U.S. Bureau of Labor Statistics, employment of senior payroll analysts is expected to increase by 22 percent between 2008 and 2018. The rationale for the increase is based on increased demand for corporate transparency regarding their financial situation, including the salaries and benefits of employees of large corporations with shareholders.
Search available senior payroll analyst jobs in Boston.