Senior Payroll Specialist

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

We are seeking a meticulous and detail-oriented Senior Workday Payroll Specialist to join our payroll team. The ideal candidate will have a strong understanding of payroll processes, accounting principles, and tax regulations. This role will be responsible for supporting processing of payrolls, general ledger postings, and reconciliation of payroll payments. This role requires a combination of payroll expertise in the Workday platform, deep understanding of payroll processes and financial implications, and strong reconciliation skills.

Location: This role can be hybrid-based reporting to our office in Deerfield, IL at least 3 days per week (Tuesday/Wednesday/Thursday). Mondays and Fridays may be done from home.

What you will be doing

• Reconcile, configure, and process multiple general ledger files by division accounting for all differences, including support of questions regarding the entries, correcting errors within the payroll systems and providing adjustments as needed.
• Reconcile and resolve Payroll tax submission though ADP Smart Compliance.
• Reconcile and process weekly integrations with funding to third parties accounting for all differences for net pay, taxes, garnishments, etc.
• Process payments for highly compensated employees including Stock, Non-Qualified, and other Perquisites/Programs with an understanding of state and federal tax implications to ensure compliance.
• Collaborate with multiple Finance teams to gather requirements for payroll account postings to multiple general ledgers.
• Conduct financial analysis of payroll-related expenses, including labor costs, benefits, taxes, and other payroll-related liabilities, to identify trends, variances, and opportunities for improvement.
• Identify opportunities for process improvement to enhance payroll efficiency, accuracy, and compliance.
• Serve on cross departmental teams and provide payroll accounting support for project teams including acquisitions.
• Support new procedures/projects and improvements due to business changes, operational requirements, strategic initiatives, and legal requirements.

Qualifications

Basic Qualifications:

• 5+ years of experience in processing payroll and supporting payroll accounting
• Understanding of Workday report building from payroll results and account posting rules (GL configuration)
• Deep understanding of payroll processes, payroll tax, regulations, and compliance requirements
• Thorough knowledge of Microsoft Office (Word, Excel, and PowerPoint) including a strong understanding and experience with database, spreadsheet, and report-writing tools
• Strong analytical and problem-solving skills, with the ability to reconcile accounts and resolve discrepancies
• Strong attention to detail and discretion
• Excellent time management and organizational skills

Nice to have:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related subject or equivalent experience (high school diploma or GED with 5+ years of experience).
• Ability to partner with others and collaborate across the organization
• Proven ability to multitask and manage multiple competing priorities
• Ability to thrive in a fast-paced, collaborative, dynamic, and results-driven environment

Additional Information

Company Description:

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Additional Information:

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $80,000 - $90,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.