Director, Payroll Taxes, Accounting & Deductions

Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets our customers to their destinations on time—and we’re looking to hire talented folks with a love of learning to make it all possible.

• Hires, trains and provide direction to the Managers and staff of Taxes & Payroll Accounting and Payroll Deductions & Pensions units.
• Directs the timely with holdings and payments of Federal, State, local and Railroad taxes from all payrolls.
• Ensure accuracy and timeliness of all tax filings and reporting: monthly, quarterly and annually to all tax jurisdictions.
• Responsible for the research of legislative and jurisdictional tax updates; ensures NJ TRANSIT is in compliance.
• Reviews and approves payroll interface to General Ledger for labor and accrual accounts.
• Directs weekly payroll interface of financial data into the General Ledger.
• Directs the preparation of General Ledger account balance reconciliations to ensure the proper accounting treatment of payroll transactions.
• Interprets GAAP and Federal, State and local regulatory changes, and recommends course of action to ensure compliance.
• Prepares responses to all inquiries and notices received from tax authorities.
• Ensures compliance with Unclaimed Earnings and the Escheat regulations, and supports G/L check reconciliation of the Payroll account.
• Coordinates Payroll response to internal and external audits.
• Coordinates HR, Bus, Rail, PCS, Benefits testing of all tax and other system upgrades of the Payroll system.
• Approves all Payroll Journal Entries for entry into General Ledger.
• Ensures year-end reconciliation and production of employee W2 tax forms and jurisdictional filings.
• Directs the timely and accurate withholding of all non-tax deductions: union dues, child support, garnishments, IRS levies, etc.
• Approves payments and required reporting to third parties for benefit plans, and ensures accurate and timely payment to benefit providers
• Interacts with the Benefit Department to ensure coordination of benefit deduction/payment activities.
• Prepares communication relating to tax and deductions to employees and external groups.
• Administers the calculation of the monthly Pension payment for Retirees.
• Directs the processing of all retirement tax exemptions and deductions.
• Administers the Bank of NY's disbursement of the Pension Payroll and year-end reconciliation and 1099R processing.
• Ensures all procedures are documented for the Payroll Tax and Accounting area.
• Maintains and secures confidential employee information as required, and ensures excellent service to our customers.
• Perform other duties and miscellaneous projects as requested by management.

• Bachelors Degree in Accounting, Finance, Business Administration or related field, or equivalent, and seven (7) years of applied progressive financial management experience.
• CPA and/or MBA desired.
• Must have five (5) years of Payroll management experience - with a minimum of three (3) years in Payroll Taxes, Accounting and/or Deductions; experience with agreement staff desired.

• Knowledge and experience with computerized financial systems required.
• Experience with Highline ePersonality HR/PR and Discoverer desired.
• Must have excellent verbal and written communications skills.

• Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision
• Flexible Spending Account
• Life Insurance
• 401(a), 401(b), 401(k) Retirement Plans - up to 9% employer contribution