Financial Analyst, FP&A - TV Media Segment
New York, NY
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the US television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.
Overview and Responsibilities:
Responsible for timely and accurate remittance of Federal, State, and Local payroll taxes for US entities doing business in multiple states and localities to third-party vendor
Responsible for the maintaining the accuracy and integrity of the data provided to third-party vendor
Preparation, reconciliation, and filing of monthly, quarterly, and annual withholding and unemployment tax returns
Manage State audits for all entities
Preparation of monthly, quarterly, and annual reconciliation of W2 wages and withholdings for all entities, including reconciliation of third-party vendor files/reports to source system
Preparation, reconciliation, and review of Forms W-2C and amendment of associated payroll tax returns
Monthly reconciliation of payroll balance sheet accounts
Quarterly and annual reconciliation of employee equity
Manage preparation and reconciliation of data related to Casualty Insurance renewals
Provide analytical assistance to divisional Accounting Departments for matters related to payroll tax and deduction liability accounts
Manage the process to add or deactivate jurisdictions for all entities including divisional entities on external payroll
Responsible for execution and documentation of SOX tests
Research and respond to payroll tax related inquiries from employees, agencies, and other third parties
Provide support on matters related to external unemployment advising
Act as liaison with Treasury Department regarding transfers of all related payroll tax payments
Manage testing of all payroll tax system upgrades and improvements prior to production implementation, including detailing of test scenarios and scripts
Special projects as assigned
Experience with ADP Smart Compliance or other third-party provider preferred
Experience with SAP ECP Payroll desired, but with a large-scale ERP required
At least five years' experience with high volume multi-state payroll tax
Demonstrated understanding of and experience with Federal, State, and Local payroll tax regulations and filings required, with strong State experience in NY and CA
Strong knowledge of current compensation rules
Must be meticulous with excellent analytical skills
Proficiency with personal computers and Microsoft Office suite, especially Excel
Ability to maintain strict confidentiality
Strong interpersonal, written, and verbal communication skills
Proactive with excellent follow-up skills
Ability to multi-task and work well under pressure!
Paramount is an equal opportunity employer (EOE) including disability/vet.
Jobcode: Reference SBJ-r0e3ke-3-238-24-209-42 in your application.
Nickelodeon, now in its 40th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does.