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Payroll Specialist

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

We are seeking a meticulous and detail-oriented Workday Payroll Specialist to join our payroll team. The ideal candidate will have a strong understanding of payroll processes, accounting principles, and tax regulations. This role will be responsible for supporting processing of payrolls, general ledger postings, and reconciliation of payroll payments. This role requires a combination of payroll expertise in the Workday platform, deep understanding of payroll processes and financial implications, and strong reconciliation skills.

Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness, and recreation.

What you will be doing:

  • Processing payroll input and payments for weekly or bi-weekly payrolls
  • Reconcile and resolve Payroll tax submission though ADP Smart Compliance.
  • Reconcile and process weekly integrations with funding to third parties accounting for all differences for net pay, taxes, garnishments, etc.
  • Process payments for highly compensated employees including Stock, Non-Qualified, and other Perquisites/Programs with an understanding of state and federal tax implications to ensure compliance.
  • Conduct financial analysis of payroll-related expenses, including labor costs, benefits, taxes, and other payroll-related liabilities, to identify trends, variances, and opportunities for improvement.
  • Identify opportunities for process improvement to enhance payroll efficiency, accuracy, and compliance.
  • Serve on cross departmental teams and provide payroll accounting support for project teams including acquisitions. 
  • Support new procedures/projects and improvements due to business changes, operational requirements, strategic initiatives, and legal requirements. 

Qualifications

A successful Payroll Specialist will have:

  • Three or more years of experience processing multi-state payroll. (Workday)
  • Experience with time and attendance systems (UKG Workforce Management preferred)
  • Working experience of payroll taxes at the federal, state, and local levels
  • Proficiency in Microsoft Word and Excel (V-lookup and pivot tables)
  • Acute attention to detail and accuracy.
  • Effective organizational and time management skills
  • Effective communication skills both written and oral

 

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $50,000 USD - $60,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

#LI-Hybrid

#LI-MS1

Average salary estimate

$55000 / YEARLY (est.)
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$50000K
$60000K

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What You Should Know About Payroll Specialist, Fortune Brands

At Fortune Brands Innovations, Inc., we're looking for an enthusiastic Workday Payroll Specialist to join our dedicated payroll team in Deerfield, IL. If you have a knack for numbers and a keen eye for detail, this is the perfect opportunity for you! As a Payroll Specialist, you'll play a crucial role in processing weekly and bi-weekly payrolls, reconciling payroll tax submissions through ADP Smart Compliance, and ensuring compliance with federal and state regulations. Your expertise in the Workday platform and understanding of payroll processes will help streamline payroll efficiency and accuracy. You'll collaborate with cross-departmental teams, providing vital payroll accounting support for ongoing projects and acquisitions. This is not just about crunching numbers; you'll also have the chance to conduct financial analyses of labor costs and seek out ways for process improvements that can elevate our payroll operations. We're committed to creating a diverse and inclusive workplace where everyone can thrive while being their authentic selves. With a hybrid working schedule and exciting amenities coming in our new campus, such as fitness facilities and onsite daycare, we hope you'll join our mission of elevating lives by transforming spaces!

Frequently Asked Questions (FAQs) for Payroll Specialist Role at Fortune Brands
What are the primary responsibilities of a Payroll Specialist at Fortune Brands Innovations?

As a Payroll Specialist at Fortune Brands Innovations, your main responsibilities include processing payroll inputs and payments for both weekly and bi-weekly payrolls, reconciling payroll tax submissions through ADP Smart Compliance, and ensuring compliance with various tax regulations. You'll also analyze payroll-related expenses to identify trends and improvements, while serving on cross-departmental teams to provide payroll accounting support for projects like acquisitions.

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What qualifications are needed to become a Payroll Specialist at Fortune Brands Innovations?

To qualify for the Payroll Specialist position at Fortune Brands Innovations, candidates should have at least three years of experience in processing multi-state payroll, primarily using Workday. Familiarity with time and attendance systems, particularly UKG Workforce Management, and a solid understanding of payroll taxes at the federal, state, and local levels are also essential. Proficiency in Microsoft Word and Excel, along with strong attention to detail and communication skills, are necessary to succeed in this role.

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How does Fortune Brands Innovations ensure a diverse workplace for Payroll Specialists?

Fortune Brands Innovations is committed to fostering an inclusive environment for Payroll Specialists and all employees. We encourage applicants from all backgrounds to apply and invite you to voluntarily share your demographic information during the application process, which helps us improve our inclusivity initiatives. Our Employee Resource Groups actively support diversity and inclusivity, ensuring a culture where everyone's unique perspective is respected and valued.

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What opportunities for advancement are available for Payroll Specialists at Fortune Brands Innovations?

At Fortune Brands Innovations, Payroll Specialists have access to robust career development pathways. Your involvement in cross-departmental projects and process improvements can open up opportunities for upward mobility within the payroll team or other financial roles within the organization. By demonstrating expertise and initiative, you can build a fulfilling career in a dynamic team environment.

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What is the salary range for a Payroll Specialist at Fortune Brands Innovations?

The estimated salary range for a Payroll Specialist at Fortune Brands Innovations is between $50,000 and $60,000 annually. However, actual salaries can vary based on various factors, including education, experience, and location. Along with a competitive salary, employees may also benefit from an annual bonus plan and a range of comprehensive health and wellness benefits.

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Common Interview Questions for Payroll Specialist
What payroll systems are you familiar with and how have you utilized them?

When answering this question, discuss your experience with payroll systems, particularly your proficiency with Workday. Highlight specific tasks you performed, such as processing payroll or reconciling accounts, and showcase how your expertise contributed to accuracy and efficiency in payroll operations.

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How do you ensure accuracy when processing payroll?

To effectively answer, share your methods for double-checking data, maintaining organized documentation, and utilizing tools or software that assist in minimizing errors. Providing examples from previous work can reinforce your commitment to accuracy and attention to detail.

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Can you explain the importance of payroll tax compliance?

In your response, emphasize how staying compliant with payroll taxes not only prevents legal issues and penalties but also ensures employees are paid accurately and on time. Provide examples of how you have managed tax reconciliations in past roles to further illustrate your understanding.

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What strategies do you use to identify inefficiencies in payroll processes?

Discuss your analytical skills when it comes to reviewing payroll processes. Share specific examples of how you have identified problems in workflow or data discrepancies and the measures you implemented to correct these inefficiencies, showcasing your proactive approach to problem-solving.

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How do you keep up with changes in payroll laws and regulations?

It's important to communicate your commitment to ongoing education. Mention subscriptions to industry publications, attendance at webinars or seminars, and involvement in professional organizations that help you stay informed on payroll laws and compliance issues.

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Describe a challenging payroll issue you've faced and how you resolved it.

Present a specific situation where you dealt with a payroll challenge, such as a miscalculation or compliance issue. Detail the steps you took to resolve it and the learning outcomes, demonstrating your problem-solving abilities and resilience under pressure.

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How would you handle discrepancies in payroll records?

When addressing this question, explain your systematic approach to investigating discrepancies. Discuss the importance of communication with relevant stakeholders and ensuring that corrected data aligns with compliance requirements and company policies.

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What role does communication play in payroll processing?

Share your perspective on how effective communication with employees, management, and other departments is vital for smooth payroll processing. Provide examples of how you've communicated payroll changes or emergencies and resolved employee queries regarding their pay.

Join Rise to see the full answer
Can you walk us through your experience with reporting payroll metrics?

Focus on your experience generating payroll reports, such as labor costs or tax compliance summaries. Highlight the tools you use and how you analyze these metrics to inform management decisions, showcasing your analytical skills and understanding of payroll's impact on business operations.

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What do you enjoy most about working in payroll?

Express your passion for working in payroll, emphasizing elements like helping employees feel secure in their pay, the challenge of ensuring compliance, or finding efficiencies in payroll processes. Authenticity in your response can leave a positive impression.

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Full-time, hybrid
DATE POSTED
April 19, 2025

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