Principal Specialist Overpayment Analyst, US Payroll

Date Posted:

Country:

United States of America

Location:

US-TX-GREENVILLE-Interstate Hwy 30 PAYROLL

Position Role Type:

Hybrid

U.S. Citizen U.S. Person or Immigration Status Requirements:

U.S. citizenship is required as only U.S. citizens are authorized to access information under this program/contract.

Security Clearance Type:

None/Not Required

Security Clearance Status:

Not Required

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial military and government customers worldwide. It comprises three industry-leading businesses Collins Aerospace Systems Pratt & Whitney and Raytheon. Its 185000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics electric propulsion directed energy hypersonics avionics and cybersecurity. The company formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses is headquartered in Arlington VA.

The following position is to join our RTX Enterprise Services team:

Brief Description of Role

The US Payroll organization is seeking a Payroll Overpayment Analyst (P3) to support end-to-end overpayment process management and ensure payroll accuracy compliance and a positive employee experience. This role conducts detailed case research evaluates earning and taxation impacts processes payroll corrections records payment transactions partners with both internal and external stakeholders and contributes to continuous improvement initiatives.

What You Will do:

• Overpayment Case Management
• Research and validate employee overpayments including root cause timing and earnings/tax impacts.
• Process payroll corrections retro entries and other adjustment transactions in accordance with US Payroll policy.
• Draft and issue employee communications outlining overpayment determinations and repayment expectations.
• Partner with Payroll Operations and Payroll Benefits to coordinate recovery actions for active employees.
• Maintain clear accurate case documentation to support audits internal controls and reporting requirements.
• Analysis Compliance & Audit Support
• Perform taxation reviews related to overpayments and assist with amendment processes.
• Support the Overpayment Receivable (OPR) process including reconciliations and reporting.
• Support SOX controls audit testing and validation of key payroll reports.
• Develop maintain and update desktop procedures (DTPs).
• Vendor & Automation Support
• Work with the external overpayment and collections vendors to resolve case questions and discrepancies.
• Monitor outputs from automation tools (e.g. BOT processing) and escalate issues appropriately.
• Employee & Business Partner Support
• Respond to employee inquiries and escalations regarding overpayment cases.
• Provide documentation and case updates to HR Finance and other business stakeholders.
• Support leadership reporting and government-required reporting related to overpayments.
• Continuous Improvement
• Identify recurring overpayment themes or trends and escalate insights to leadership.
• Participate in process improvement efforts automation initiatives and system enhancement activities that improve overall payroll accuracy and efficiency.

Qualifications You Must Have:

• This role typically requires a bachelors degree in Business Accounting Finance HR or a related field and 5 years of US payroll experience.

• At least 3 years of experience with ADP GlobalView ADP EV5 or similar payroll systems.

• At least 3 years of payroll overpayment experience to include but not limited to overpayment case management researching and validating employee overpayments root cause identification processing payroll corrections retro entries and other adjustment transactions in accordance with US Payroll policy.
• See below suggested additions

Qualifications We Prefer:

• US Payroll overpayment experience with late terminations transfers LOA duplicate payments bonus retention Bonus relocation (active) sign-On bonus (active)severance
• Strong knowledge of payroll calculations earnings deductions and taxation.
• Ability to analyze payroll data and identify discrepancies.
• Proficiency in Microsoft Excel and experience working with large datasets.
• Strong written and verbal communication skills.
• Ability to work independently on moderately complex issues.
• Familiarity with BOT tools and workflow automation.
• Experience with SOX controls or payroll PPV audit processes.
• Experience partnering with external vendors.

What We Offer

Whether youre just starting out on your career journey or are an experienced professional we offer a robust total rewards package with compensation; healthcare wellness retirement and work/life benefits; career development and recognition programs. Some of the benefits we offer include parental (including paternal) leave flexible work schedules achievement awards educational assistance and child/adult backup care.

Learn More & Apply Now!

Role Type: Hybrid

• This is a hybrid role eligible candidates must reside near an RTX hub (Cedar Rapids IA Dallas/Richardson TX Tucson AZ Hartford CT).

Please consider the following role type definitions as you apply for this role:

• Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

As part of our commitment to maintaining a secure hiring process candidates may be asked to attendselect steps of the interview process in-person at one of our office locations regardless of whether the role is designated as on-site hybrid or remote....

#LI-RC1

As part of our commitment to maintaining a secure hiring process candidates may be asked to attendselect steps of the interview process in-person at one of our office locations regardless of whether the role is designated as on-site hybrid or remote.

The salary range for this role is 86800 USD - 165200 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer including but not limited to the role function and associated responsibilities a candidates work experience location education/training and key skills.

Hired applicants may be eligible for benefits including but not limited to medical dental vision life insurance short-term disability long-term disability 401(k) match flexible spending accounts flexible work schedules employee assistance program Employee Scholar Program parental leave paid time off and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including but not limited to individual performance business unit performance and/or the companys performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability or veteran status or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans Readjustment Assistance Act.

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