Payroll Specialist Job at Fortune Brands Innovations, Deerfield, IL

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  • Fortune Brands Innovations
  • Deerfield, IL

Job Description

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.

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.

Work Environment & Location

  • Hybrid Work Model – In-office collaboration Tuesday – Thursday
  • Location: Deerfield, Illinois

Job description

We are seeking a meticulous and detail-oriented 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.

What you will be doing:

  • Processing payroll input and payments for weekly or bi-weekly payrolls
  • 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.
  • 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

  • Three or more years of experience processing multi-state payroll. (Workday)
  • Experience with time and attendance systems (UKG Workforce Management preferred)
  • Working experience of payroll taxes at the federal, state, and local levels
  • Proficiency in Microsoft Word and Excel (V-lookup and pivot tables)
  • Acute attention to detail and accuracy.
  • Effective organizational and time management skills
  • Effective communication skills both written and oral

Salary Range

  • A reasonable estimate of the base salary range for this role is $50,000 USD - $70,000 USD.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

ADDITIONAL INFORMATION

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is $50,000 USD - $60,000 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 Innovations, 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 ERGs (Employee Resource Groups) to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: water, outdoors and security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more.

Equal Employment Opportunity

FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, 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 accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at fbinleave.fbhs@fbin.com and let us know the nature of your request along with your contact information.

This job has been posted by IGNYTE AI on behalf of Fortune Brands Innovations. IGNYTE AI is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of IGNYTE AI not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.

Job Tags

Work experience placement, Summer work, Work at office, Local area, Work visa, Flexible hours,

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