International Paper Analyst-Benefit Accounting & Payroll Tax (Health & Welfare) in MEMPHIS, Tennessee

What if you were given the opportunity and responsibility to make a difference? It is time to embrace your Infinite Possibilities. This is your opportunity to be part of International Paper, a Fortune 500 company and global leader in paper and packaging products. IP is known for our commitment to the environment and to cutting-edge technology. We have spent more than 100 years creating new ideas, and we are looking for people who can collaborate to help us build on our history, while creating future success. We are committed to attracting, preparing, promoting and supporting our teams. At International Paper, you control your destiny. We offer benefits, challenges, global opportunities and total rewards. When we say Infinite Possibilities, we mean it.

Description:

  • Monitor and review outsource vendor activity which posts to the general ledger and benefit bank accounts. Work with internal groups and vendors to review and resolve issues.

  • Assist in company budget assumptions and planning as it relates to benefits accounting and payroll tax responsibilities.

  • Assist with annual Longleaf statutory audit as well as monthly Longleaf monitoring responsibilities.

  • Assist with the preparation of financial statements, data gathering/review and questions related to benefit plan audits and 5500’s as needed.

  • Perform monthly reconciliation of assigned corporate general ledger accounts and bank accounts to identify and resolve variances including, but not limited to:

  • IP PAC political contributions remittance and GL account reconciliation

  • Salaried Vacation pay accrual and monthly pass back of credits to locations per policy

  • Miscellaneous payroll deduction accounts for the U.S. and Canada

  • Have a working knowledge of the Master Tax system and reporting requirements for the U.S. and Canada—supporting the Team Leader.

  • Provide internal and external customers with timely and accurate benefits accounting analysis.

  • Perform due diligence on unclaimed property reporting for payroll and benefits to ensure compliance.

  • Assist with internal and external audits as needed.

  • Assist with the preparation of financial statements, data gathering/review and questions related to benefit plan audits and 5500’s as needed.

  • Prepare and post general ledger journal entries as needed.

  • Provide accounting support and assist in documenting, communicating and implementing procedures for acquisitions, mergers and divestitures.

  • Assist locations, staff groups and third party administrators with research requests, analytical support, and issue resolution associated with departmental responsibilities.

  • Provide backup and support for other positions in Benefits Accounting & Payroll Tax.

Basic Qualifications:

  • Associates degree in Accounting, Business Administration, or Human Resources or equivalent experience

  • Minimum 3 years of general accounting, payroll taxes and business concepts knowledge and experience

  • Understanding and proven track record of applying payroll processes, timekeeping, garnishments, commission payments, and benefit administration

  • Ability to create relationships and liaise with both internal and external customers for benefit and payroll administration

  • Working knowledge of SAP

  • Strong knowledge of federal and state regulations

  • Strong PC skills including proficiency in Excel

  • Strong analytical skills

  • Understand general accounting and business concepts

  • Demonstrate strong analytical skills, organizational skills and priority-setting abilities

  • Ability to interact with IT to ensure the appropriate systematic modifications are in place to ensure compliance

  • Ability to work well in a team environment

Preferred Qualifications:

  • Bachelor’s degree in Accounting, Business Administration, or Human Resources

  • Excellent communication skills, verbal and written

  • Share responsibility for team assignments and outcomes

  • Identify opportunities and work on process improvements

  • Customer-focused

Competencies

  • Action Oriented

  • Customer Focus

  • Functional/Technical Skills

  • Integrity and Trust

  • Learning on the Fly

  • Listening

  • Managing and Measuring Work

  • Organizing

  • Perseverance

  • Priority Setting

  • Timely Decision Making

  • Written Communications

  • Team Player

International Paper is an Equal Opportunity Employer - Minorities/Females/Individuals with Disabilities/Veterans.