Senior Tax and Payroll Analyst

Principal Employment Tax and Payroll Analyst

A job at TSMC Arizona offers an opportunity to work at the most advanced semiconductor fab in the United States. TSMC Arizona’s first fab will operate its leading-edge semiconductor process technology (N4 process), starting production in the first half of 2025. The second fab will utilize its leading edge N3 and N2 process technology and be operational in 2028. The recently announced third fab will manufacture chips using 2nm or even more advanced process technology, with production starting by the end of the decade.

America’s leading technology companies are ready to rely on TSMC Arizona for the next generations of chips that will power the digital future.

This role is responsible for the accurate and compliant processing of multi‑entity payroll, ensuring adherence to IRS regulations, including FICA tax withholding and fringe benefit taxability. Key duties involve processing a wide range of payroll transactions, performing detailed reconciliations, and addressing employee inquiries related to complex tax situations. The specialist will also maintain meticulous payroll records, support audits, and actively research and implement tax law changes to ensure continuous compliance.

• Ensure accurate FICA tax withholding and compliance with IRS regulations for employees with multi‑entity payroll reporting.
• Provide guidance on IRS regulations concerning compensation, including fringe benefits, assignment benefits, and taxability.
• Process semi‑monthly and bi‑weekly payroll transactions, including salaries, shift premiums, benefits, garnishments, taxes, deductions, general ledger (G/L) entries, tax position changes, and adjustments.
• Perform analysis and reconciliation of payroll data to maintain compliance with company policies and regulatory requirements, including W‑2 reconciliations, monthly allowances, imputed income, shadow payroll for foreign country payroll, benefit deductions, and leave of absence compensation.
• Address employee inquiries related to split payroll reporting, U.S. individual income tax rules, and payroll reporting for U.S. persons and foreign nationals.
• Ensure accurate and timely processing of payroll updates, such as new hires, terminations, pay classifications, time zones, and rate changes.
• Prepare and maintain accurate payroll records and reports while ensuring compliance with federal, state, and local payroll, wage, and hour laws.
• Facilitate audits by providing payroll records, tax filings, and other documentation to auditors.
• Research and interpret payroll tax laws and regulatory changes to maintain ongoing compliance.
• Investigate and resolve payroll tax variances, out‑of‑balance conditions, and filing discrepancies.
• Support payroll‑related systems, including configuration updates, troubleshooting, testing, and integration with HR/Payroll platforms.

• Education and Experience:
  • Bachelor’s degree in Accounting, Finance, Tax, or a related field.
  • 6 years’ experience in employment tax, global mobility tax, expatriate tax, or international individual income tax.
• Technical
  
  Skills:
  • Strong ability to research IRS regulations related to individual income tax and employment tax.
  • Comprehensive knowledge of U.S. tax residency rules and there implications for payroll reporting for employees on assignment.
  • Expertise in payroll functions, including preparation, balancing, internal controls, and payroll taxes.
  • Advanced proficiency in Microsoft Excel.
  • Strong computer skills and the ability to work effectively with payroll platforms such as ADP, Workday, or similar systems.
• Interpersonal
  
  Skills:
  • Outstanding customer service orientation with responsiveness and ownership of tasks through completion.
  • Strong analytical and numerical skills with meticulous attention to accuracy.
  • Excellent organizational skills and ability to handle multiple priorities in a fast‑paced environment.
  • Solid understanding of accounting fundamentals.
  • Strong problem‑solving skills with the ability to develop effective solutions.
  • Ability to work collaboratively with cross‑functional teams, including HR, Finance, and Accounting.
  • Effective…