Payroll Accounting Specialist

Responsibilities for this Position

Job description

Job Description

Company Information

General Dynamics is a successful Fortune 100, global aerospace and defense company, with over 90,000 employees world-wide. General Dynamics Land Systems, a business unit of General Dynamics, has a strong foundation of delivering core engineering and manufacturing capabilities to our clients for military vehicles. Our team is focused on continuous process and productivity improvements that reduce product costs, while increasing troop safety and effectiveness. Land Systems continues to work with the US Armed Forces and its Allies to ensure these vehicles remain survivable, relevant, flexible, affordable and capable of addressing a dynamic threat environment.

Hybrid/Onsite: Due to the nature of the work, this role may require on-site presence up to 80%.

What We Offer

Whether you are starting your career or an experienced professional, we offer a Total Rewards package that is impactful and built for you.

Healthcare including medical, dental, vision, HSA and Flex Spending.

Competitive base pay, incentive pay that rewards individual and team performance, and comprehensive benefits.

401k Match (6%).

Educational Assistance.

Hybrid work schedule may be available.

9-80 Work Schedule (This positions standard work schedule is a 9/80. The 9/80 schedule allows employees who work a nine-hour day Monday through Thursday to take every other Friday off).

On-going learning opportunities within a diverse, inclusive and rewarding work environment.

Onsite Cafeteria, remodeled with new equipment Fitness Center, and Outdoor fitness track.

Key Responsibilities:

This position is responsible for a wide array of accounting, payroll and tax related matters. Successful applicants will have a good understanding of the principles of accounting and internal controls along with an awareness of the elements of taxable income and reporting requirements. As a key member of a small, high-performance team, the Payroll Accounting Specialist will:

• Run automated interfaces to import payroll transactions into the general ledger. Review and reconcile transactional data to ensure processes are complete and accurate.

• Prepare and execute shadow payroll reporting procedures for international employees.

• Prepare payroll accruals including accrued wages, vacation, incentive compensation plans and payroll taxes. Perform analytical procedures to ensure balances are accurate and identify discrepancies. Perform monitoring procedures to identify interim adjustments and year-end true ups.

• Prepare timely and accurate account reconciliations ensuring all items are cleared in a timely manner. Perform analytical procedures to detect weaknesses and discrepancies, perform root cause analysis and implement procedures to improve overall effectiveness.

• Act as the main liaison with Hurman resources and shared resources services (SRI) for payroll related functions.

• Prepare reports and supporting documentation for inter/intra company transactions in a global multi-currency business environment

• Perform imputed income, wage reporting and hypothetical tax procedures for U.S. and ex-patriate employees.

• Internal and external audit support: provide documentation for audit requests, perform walkthrough demonstrations of accounting processes and provide ad hoc queries and data reconciliations as needed.

• Cross-train with others positions in the department to expand Labor Accounting knowledge.

Position requirements

• Must be a U.S. Citizen

• Bachelors degree in Accounting or Finance required. Masters degree preferred.

• 5-7 years of experience

• FPC or CPP designation is a plus

• Must be able to demonstrate a high level of attention to detail and ability to analyze problems and data accurately

• Strong work ethic with a sense of ownership and pride in the work performed

• Strong written and oral communication skills

• Strong understanding of internal controls necessary

• Continuous process improvement mindset; improving business practices and streamlining processes is a must.

• Ability to multi-task and easily adapt to change

• ERP system experience is a plus (Oracle preferred)

• Proficiency with Microsoft Office (Excel, PowerPoint, Word)