What are the responsibilities and job description for the Senior Payroll Compliance Analyst position at Edward Jones?
This job posting is anticipated to remain open for 30 days, from 21-Apr-2025. The posting may close early due to the volume of applicants.
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Overview:
We are looking for a Senior Payroll Compliance Analyst to join our Payroll team within the Compensation Operations Department. Our team is responsible for processing US multi-state and Canadian multi-province payrolls and tax remittances, ensuring compliance with all regulatory requirements while maintaining accuracy and timeliness. We partner with HR, Legal, Finance, and others to ensure our payroll processes align with evolving business needs and regulations while delivering a high-class user experience. Additionally, we collaborate with our Product Teams to move from strategy to execution, designing and enhancing business processes with simplicity and transparency while creating capacity for our business areas to move the business forward.
In collaboration with our Finance & Human Capital Transformation Office, our firm is implementing a new payroll system over the next two years. This Senior Payroll Compliance Analyst role will play a critical part in ensuring smooth transition, supporting the teams onboarding to the new system, updating documentation and processes, and ensuring the platform is performing as expected during implementation.
The Senior Payroll Compliance Analyst plays a critical role in ensuring payroll compliance, optimizing processes, and driving automation to enhance efficiency and accuracy. This role serves as a liaison between payroll and HCM, overseeing compliance controls, payroll process enhancements, and mobility tax arrangements. Additionally, the senior analyst will lead payroll tax reconciliations, manage compliance controls, and assess payroll implications for strategic business initiatives, ensuring compliance while mitigating risk. They will also provide coverage for essential payroll compliance functions, support service escalations, and act as an informal leader within the payroll team, fostering collaboration and continuous improvement.
Key responsibilities will include:
We are looking for a Senior Payroll Compliance Analyst to join our Payroll team within the Compensation Operations Department. Our team is responsible for processing US multi-state and Canadian multi-province payrolls and tax remittances, ensuring compliance with all regulatory requirements while maintaining accuracy and timeliness. We partner with HR, Legal, Finance, and others to ensure our payroll processes align with evolving business needs and regulations while delivering a high-class user experience. Additionally, we collaborate with our Product Teams to move from strategy to execution, designing and enhancing business processes with simplicity and transparency while creating capacity for our business areas to move the business forward.
In collaboration with our Finance & Human Capital Transformation Office, our firm is implementing a new payroll system over the next two years. This Senior Payroll Compliance Analyst role will play a critical part in ensuring smooth transition, supporting the teams onboarding to the new system, updating documentation and processes, and ensuring the platform is performing as expected during implementation.
The Senior Payroll Compliance Analyst plays a critical role in ensuring payroll compliance, optimizing processes, and driving automation to enhance efficiency and accuracy. This role serves as a liaison between payroll and HCM, overseeing compliance controls, payroll process enhancements, and mobility tax arrangements. Additionally, the senior analyst will lead payroll tax reconciliations, manage compliance controls, and assess payroll implications for strategic business initiatives, ensuring compliance while mitigating risk. They will also provide coverage for essential payroll compliance functions, support service escalations, and act as an informal leader within the payroll team, fostering collaboration and continuous improvement.
Key responsibilities will include:
- Payroll Compliance & Tax Operations –Overseeing US and Canadian multi-jurisdictional payroll tax reconciliations, ensuring compliance with federal, state, provincial, and local regulations. This role will lead optimizing payroll compliance structures and serve as the primary backup for service partner payroll expertise. Monitoring payroll system controls and collaborating with Finance, HR, and Risk Management to strengthen payroll compliance and governance.
- Automation, Optimization & Payroll Data Strategy – Driving process optimization and automation initiatives to enhance payroll compliance, reconciliations, and reporting. Utilizing technology and automation tools to streamline processes, reduce manual intervention, and approve accuracy. Analyzing payroll data trends while providing insights for process improvements and compliance risk mitigation. Also, supporting system enhancements to align with evolving business and regulatory requirements.
- Governance & Strategic Influence – Serves as a key representative for payroll in strategic discussions and cross-functional initiatives, ensuring that payroll compliance considerations are proactively addressed in firm-wide decisions. Collaborates with key stakeholders and firm leaders to assess the payroll impact of new business strategies, system implementations, and regulatory changes. Partnering with external tax agencies and internal stakeholders to mitigate risks, resolve payroll issues, and strengthen governance frameworks.
- Controls & Compliance Risk Management – Establish and maintain payroll tax controls, ensuring accuracy, and preventing discrepancies in payroll reporting. Identify and address compliance control gaps, recommend and implement process improvements, and collaborate with internal audit, risk management, and finance teams to enhance payroll oversight.
- Informal Leadership & Partnership – In collaboration with the department leader, act as an informal leader within payroll, providing mentorship and technical and strategic guidance to associates. Manage service escalations, ensuring timely resolution of compliance-related issues, and support payroll process changes related to system updates, policy shifts, and evolving business needs. Providing coverage by maintaining a broad knowledge across payroll compliance functions to ensure business continuity and operational efficiency.
The Senior Payroll Compliance Analyst plays a critical role in ensuring payroll compliance, optimizing processes, and driving automation to enhance efficiency and accuracy. This role serves as a liaison between payroll and HCM, overseeing compliance controls, payroll process enhancements, and mobility tax arrangements. Additionally, the senior analyst will lead payroll tax reconciliations, manage compliance controls, and assess payroll implications for strategic business initiatives, ensuring compliance while mitigating risk. They will also provide coverage for essential payroll compliance functions, support service escalations, and act as an informal leader within the payroll team, fostering collaboration and continuous improvement.
This position requires a consistent need to work closely with the Payroll team, with other departments within Finance, and with various levels of associates in other divisions of the firm including senior leaders. While there are no direct people responsibilities, this role will coordinate independently with other associates, leaders, and teams outside of Payroll to accomplish tasks and meet deadlines. This includes the ability to identify and help resolve pain points that may not be within our direct responsibility. In addition, this role will require mentoring and training of other associates on the team as it relates to core processes, with leader support.
Position Requirements:
This position requires a consistent need to work closely with the Payroll team, with other departments within Finance, and with various levels of associates in other divisions of the firm including senior leaders. While there are no direct people responsibilities, this role will coordinate independently with other associates, leaders, and teams outside of Payroll to accomplish tasks and meet deadlines. This includes the ability to identify and help resolve pain points that may not be within our direct responsibility. In addition, this role will require mentoring and training of other associates on the team as it relates to core processes, with leader support.
Position Requirements:
- Education: Bachelor's Degree
- Experience: Minimum of 6 years of related experience, with exposure to payroll tax, compliance, data analysis, and process improvement.
- Skills & Technology:
- Strong knowledge of data analytics, reporting tools, and compliance and governance frameworks.
- Experience with automation tools, HCM/ERP system implementations, and financial reconciliations.
- Ability to analyze payroll trends and develop data-driven strategies for process improvements.
- Certifications:
- Fundamental Payroll Certification (FPC) or Certified Payroll Professional (CPP) -- Preferred, but not required
- Certified Public Accountant (CPA) – Preferred, but not required
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
