Senior Financial Analyst; Payroll

The Village of Menomonee Falls is seeking a Senior Financial Analyst to support the Village’s long‑term fiscal health through advanced budgeting, forecasting, and financial reporting—while also playing a key role in bi‑weekly payroll processing and related reconciliations. The ideal candidate will bring public‑sector payroll experience, including expertise with Wisconsin Retirement System (WRS) / ETF reporting and reconciliations, and a proven ability to partner with departments to strengthen controls, improve processes, and ensure accurate, compliant outcomes.

• Assists in the development and administration of the annual operating and capital budgets, including coordinating with departments, reviewing requests, preparing analyses, and drafting budget documents.
• Develops, maintains, and interprets complex financial models and forecasts (e.g., wage projections, revenue trends, capital funding strategies) to guide decision‑making.
• Processes and releases bi‑weekly payroll in UKG (timekeeping and payroll); ensures accurate and timely pay in compliance with Village policy, collective bargaining agreements, and applicable federal and Wisconsin requirements; prepares payroll reports/metrics; researches and resolves payroll discrepancies; and prepares a payroll approval package for Finance Director review/approval prior to final commit and release of direct deposits.
• Posts payroll journal entries to the Village’s financial system and ensures accurate distribution of payroll and benefit costs by fund/department/project; resolves UKG‑to‑GL interface or mapping issues and supports monthly/period‑end close.
• Records payroll accounts payable, ensuring net pay and payroll‑related disbursements are properly recorded and timely cleared.
• Reconciles payroll liability accounts at least monthly (and at quarter‑end/year‑end), including federal/state with holdings, FICA/Medicare, WRS/ETF‑related liabilities, deferred compensation, insurance with holdings, and garnishments; investigates and resolves reconciling items.
• Provides Wisconsin Retirement System (WRS) support, including reconciling employee/employer contributions to payroll reports; supporting annual WRS reporting and audit requests; and coordinating corrections with Human Resources.
• Manages quarter‑end payroll activities (reconciling Form 941; quarterly signoff in UKG)
• Manages year‑end payroll activities (balancing taxable wages and with holdings; W‑2 processing and corrections as needed; and resolves variances between payroll, benefits, and the general ledger).
• Advises and instructs staff in Village Departments on payroll policies and procedures.
• Coordinates with Human Resources in preparing for and implementing payroll‑related changes driven by regulatory/legal action, updated administrative rules or collective bargaining.
• Prepares monthly, quarterly, and annual financial reports; analyzes variances and recommends corrective actions to department managers and senior leadership.
• Monitors grant funds and special assessments to ensure compliance with local, state, and federal requirements.
• Provides departmental support on accounting principles, budget preparation, and financial system functionality; serves as a resource on GASB standards and other regulatory guidance.
• Coordinates and/or performs detailed account reconciliations, journal entries, and year‑end closing activities.
• Assists with the annual audit by preparing work papers, compiling supporting schedules, and responding to auditor inquiries.
• Develops ad‑hoc financial and statistical analyses, cost‑benefit studies, fee schedules, and rate models as requested by management.
• Participates in system implementations, upgrades, and testing of financial software; designs and refines reporting tools and dashboards for end users.
• Collaborates on cross‑departmental teams and special projects to enhance efficiency, strengthen internal controls, and improve fiscal policies.
• Provides functional guidance to accounting staff including serving as backup for cash receipting and daily deposit.
• Other duties as assigned.

• Considerable knowledge of generally accepted accounting principles (GAAP),…