Payroll Functional Configuration

No of years’ experience 8 – 12 Years Detailed job description - Skill Set: **Payroll Functional Configuration** - Configure and maintain Oracle Cloud Payroll module components, with a focus on: - Payroll definitions and elements - Balance definitions - Fast formulas - Costing setup (element-level, department-level, etc.) - Payroll flows - Manage and troubleshoot payroll runs, retroactive calculations, and year-end processing. **Taxation & Compliance** - Ensure payroll configurations comply with local, state, and federal tax regulations. - Monitor and implement updates related to tax legislation. - Support tax reporting, including W-2 year-end filing, quarterly and periodic remittances. **Costing & Financial Integration** - Configure and troubleshoot payroll costing allocations and account combinations in Oracle HCM. - Ensure accurate accounting of payroll costs through validations and reconciliation reports. - Analyze costing discrepancies with ERP and recommend corrective actions. Mandatory Skills(2-3)ONLY - Hands-on experience in Oracle Cloud HCM Payroll, especially U.S. payroll. - Strong working knowledge of payroll taxation, including multi-state tax scenarios. - Proven experience in payroll costing configuration and reconciliation. - Experience in full-cycle Oracle Cloud Payroll implementation projects is preferred Good to Have Skills - Experience with third-party tax filing and garnishment services (e.g., ADP, Equifax). - Experience with third-party time keepings systems (e.g. Kronos) - Knowledge of related Oracle modules (Benefits, Compensation). - Experience in Agile/Waterfall methodologies and project documentation