Envestnet is transforming the way financial advice is delivered through its connected technology, advanced insights, and asset management solutions – backed by industry-leading service and support. Since 1999, Envestnet has served the wealth management industry and today supports trillions in platform assets, serving over a hundred thousand financial advisors. The vast majority of the nation’s leading banks, the largest wealth management and brokerage firms, and over 500 of the largest RIAs rely on Envestnet’s wealth management platform and solutions to drive business growth, boost productivity, and deliver better financial outcomes for their clients.

Envestnet’s Strategy:

Deliver the industry-leading wealth management platform, powered by advanced data and insights
Leverage our scale and efficiencies to serve our clients’ needs comprehensively
Enable financial advisors to deliver more holistic advice – reflecting a more complete view of their clients’ financial lives, and in a more connected environment

For more information, please visit www.envestnet.com.

Job Summary:

This payroll role at Envestnet operates in a fast-paced environment with high standards, requiring a self-starter who is committed to meeting payroll deadlines and supporting their team. The ideal candidate is hands-on, collaborative, and willing to jump in wherever needed, at all levels. The role requires someone who seeks to gain a thorough understanding of the current payroll process and underlying rationale for our established practices – someone who likes to learn and grow.

Core responsibilities include ensuring accurate multi state payroll tax withholdings, performing pre and post payroll audits, maintaining compliant tax configurations, and resolving escalated payroll and tax issues. The role also supports payroll reporting and analytics, year-end W 2/W 2C processing, system testing and troubleshooting, and cross functional collaboration with HR, Finance, Legal, and HR Tech. In addition, the position assists with internal and external audits through thorough documentation and reconciliations.

Job Responsibilities:

Validate multi state and local tax withholdings and ensure accuracy of all payroll tax calculations, earnings, benefits, and supplemental payments.
Conduct pre and post payroll audits, review payroll data prior to submission, and resolve payroll/tax errors to ensure accurate, compliant payroll processing.
Monitor federal, state, and local legislative changes and update payroll/tax system requirements accordingly.
Maintain accurate employee tax records (SUI rates, locality taxes, unemployment states) and ensure correct system configuration for pay codes, earnings, and deductions.
Address escalated employee payroll and tax questions related to withholding, residency, reciprocity, and tax forms; investigate complex tax issues and propose resolutions.
Deliver payroll analytics, compliance reporting, and KPIs; prepare recurring and ad hoc reports as needed.
Collaborate with HR, Finance, Legal, and HR Tech to validate nexus, ensure data accuracy, support integrations, and implement tax jurisdiction or rate changes.
Test payroll system updates, patches, and new features; troubleshoot system related tax issues, including calculation or mapping problems.
Assist with year-end W 2 and W 2C processing, including balancing, error resolution, and required adjustments.
Support internal and external audits with required documentation, reconciliations, and tax explanations.
Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested.
As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.

Required Qualifications:

A minimum of 3+ years payroll tax experience
Must have prior experience with multi-state taxes (Preferred States include: PA, WA, CA)
Strong attention to detail with a high degree of accuracy in work
Strong analytical and problem-solving skills
Excellent organizational skills
Knowledge of federal, state, and local tax laws and reporting requirements
Ability to prioritize tasks and to work with general supervision in a fast-paced environment
Excellent computer skills, including payroll software and Microsoft Office
Advanced proficiency in Microsoft Excel (pivot tables, v-lookups, data analysis)
Team player with excellent interpersonal skills
Ability to interact effectively and professionally with all levels of the organization

Preferred Qualifications

Workday experience (HCM and Payroll)
SOX compliance experience
BS in Accounting/Finance or related field
Professional designation (CPP)

Envestnet:

Be a member of an innovative and industry leading financial technology and solutions company
Competitive Compensation/Total Reward Packages that include:
- Health Benefits (Health/Dental/Vision)
- Paid Time Off (PTO) & Volunteer Time Off (VTO)
- 401K – Company Match
- Annual Bonus Incentives
- Parental Stipend
- Tuition Reimbursement
- Student Debt Program
- Charitable Match
- Wellness Program

Salary:

The annual base salary range for this position is $78,000 to $98,000.

Envestnet is an Equal Opportunity Employer.

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