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Payroll Analyst

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: RBC
Full Time position
Listed on 2026-08-03
Job specializations:
  • Accounting
    Financial Compliance, Financial Reporting, Financial Analyst, Accounting & Finance
  • Finance & Banking
    Financial Compliance, Financial Reporting, Financial Analyst, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 55000 - 85000 USD Yearly USD 55000.00 85000.00 YEAR
Job Description & How to Apply Below

What is the opportunity? Work with a collaborative and high-performing team at RBC, one of Minneapolis/St. Paul Business Journal’s top places to work. The Payroll Analyst is responsible for the timely and efficient reconciliation of payroll transactions and accounts for several key payroll functions to ensure the accuracy of the general ledger, payroll funding and reporting for most of RBC’s operations in the United States.

Job Description
What is the opportunity? Work with a collaborative and high-performing team at RBC, one of Minneapolis/St. Paul Business Journal’s top places to work. The Payroll Analyst is responsible for the timely and efficient reconciliation of payroll transactions and accounts for several key payroll functions to ensure the accuracy of the general ledger, payroll funding and reporting for most of RBC’s operations in the United States.

  • Reconcile all payroll G/L accounts and review and analyze outstanding balances as well as prepare and upload G/L batch entries to People Soft
  • Investigate and explain variances, determine action plan to remediate discrepancies, escalates and reports any issues to supervisor when necessary
  • Create / maintain up-to-date documentation of all processes and control procedures
  • Ensure compliance with internal control requirements, general ledger account reconciliation processes and regulatory reporting and serve as main contact for all payroll G/L account inquiries from team members and business partners
  • Track all payroll adjustments (ACH payments, ACH returns, wires, and SAP check voids, etc.) and provide reports to Finance Department to assist them with their payroll bank reconciliation
  • Match tax funding to bank account withdrawals daily to catch discrepancies
  • Handles or distributes Wells Fargo ACH Returns, Notifications of change, positive pay exceptions, and fraud filter
  • Bachelor’s degree in Accounting, Finance or related field with 2+ years payroll/accounting experience
  • Very strong communication skills (both oral and written), strong attention to detail, and well organized
  • Ability to set priorities and work effectively in a fast paced, deadline-oriented environment
  • Enthusiastically embraces change and a self-motivator with a high degree of self-sufficiency
  • Ability to maintain confidentiality and handle issues with discretion and good judgment.
  • Certified Payroll Professional (CPP)
  • Accounting designation
  • Experience with People Soft and SAP a benefit

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to take on progressively greater scopes of work

The good-faith expected salary range for the above position is $55,000 - $85,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance;

and paid time-off plan.

  • 401(k) program with company-matching contributions
  • health, dental, vision, life and disability insurance
  • paid time-off plan

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

  • Drives RBC’s high performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value
Job Skills Additional Job Details Address:

250 NICOLLET MALL:

MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note:

Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above

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