Full-Time

Sr. Payroll Tax Analyst

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Mid, Senior

Irving, TX, USA

Hybrid position requiring in-office presence in Irving, TX.

Category
Tax Accounting
Payroll Accounting
Accounting
Requirements
  • High School diploma or equivalent required
  • Bachelor’s degree strongly preferred
  • Must have multi-state payroll tax experience
  • Minimum 3 years of payroll processing experience in a company with a total employee population over 5,000
  • Strong communication skill with the ability to interact effectively with employees at all levels
  • Experience with tax practices in payroll processing strongly preferred
  • Related certification (CPP or FPC) strongly preferred
  • Workday experience preferred
Responsibilities
  • Analysis, review & reconciliation of all aspects of payroll governance & compliance to include tax (federal, state, local, payroll taxes, multi-state taxation), garnishments, levies, benefit deductions, stock compensation, W2 preparation and other miscellaneous payroll processes.
  • Manage the administration of tax governance and compliance including the communications to management & employees, manages the implementation of system changes (verification, testing and reconciliation where applicable).
  • Ensures payroll administration processes integrate with benefits, compensation, compliance, finance, treasury, tax, accounting, and technology departments; manages third party relationships with tax jurisdictions; researches and resolves issues with vendors and employees.
  • Review and audit of payroll processing to ensure accuracy of all processes as it relates to funding and the quarterly and annual tax filings.
  • Represents payroll function in company projects where changes to current systems support or payroll administration may have an impact, including tax-related issues such as timing of changes between multiple federal entities.
  • Develop & design reports for end-users, ad hoc reporting where applicable.
  • Continuously seek ways to improve payroll processes, leveraging Workday’s Capabilities and staying up to date on payroll best practices.

OneMain Financial provides personal loans to individuals, particularly those who may not qualify for traditional banking services due to lower credit scores or financial challenges. The company offers both secured loans, which require collateral like a car or home, and unsecured loans that do not. This variety allows OneMain to meet diverse financial needs, such as debt consolidation and home improvements. Revenue is generated through interest and fees on loans, and the company also utilizes a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities, ensuring a steady flow of capital for further lending. OneMain distinguishes itself from competitors by focusing on customer-centric solutions, offering personalized financial support through its extensive branch network and online resources. The goal of OneMain Financial is to provide accessible financial solutions to clients across the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

N/A

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • OneMain's acquisition of Foursight Capital expands its reach into the auto lending market, diversifying its portfolio and growth opportunities.
  • The company's Build: Credit Fundamentals education program demonstrates a commitment to financial literacy, potentially fostering long-term customer loyalty.
  • Significant investments from firms like Adage Capital Partners and Benjamin F. Edwards & Company indicate strong market confidence in OneMain's business model and growth prospects.

What critics are saying

  • Facing a class action lawsuit over alleged Military Lending Act violations could damage OneMain's reputation and financial standing.
  • The competitive consumer lending market requires continuous innovation and adaptation to maintain market share.

What makes OneMain Financial unique

  • OneMain Financial specializes in serving nonprime consumers who often lack access to traditional banking services, setting it apart from many competitors.
  • The company's securitization platform, Springleaf Funding Trust, provides a unique method of capital generation through bundling and selling loans as securities.
  • OneMain's extensive branch network across 44 states enhances its customer-centric approach, offering personalized financial solutions both online and offline.

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