Deduction Analyst Remote Jobs (NOW HIRING)

Description

The application window will close July 15th, 2026

Job Location   

The primary work location for this role is a remote work model.   

About Envestnet  

Envestnet is an adaptive WealthTech company that is redefining the future of wealth management by helping advisors meet the moment with its comprehensive technology, actionable insights, and industry leading support. Backed by over 25 years of experience and approximately $7.0 trillion in platform assets, Envestnet is trusted by over one third of financial advisors across leading banks, wealth managers, brokerages, and RIAs.   

For a deeper look at how Envestnet is shaping the future of financial advice, visit www.envestnet.com.   

The Team You’ll Join  

You'll be joining a small global payroll team in a fast-paced environment. The Senior Payroll Analyst is responsible for ensuring accurate, timely, and compliant payroll processing for employees across multiple U.S. states and Canada. This role supports end-to-end payroll operations, including auditing payroll data, reviewing tax withholdings and deductions, performing high-level payroll taxation analysis, resolving complex payroll issues, and ensuring compliance with federal, state, local, and Canadian payroll tax and employment regulations. 

How You’ll Contribute   

This payroll role at Envestnet operates in a fast-paced environment with high standards, requiring a self-starter who is committed to meeting payroll deadlines and supporting their team. The ideal candidate is hands-on, collaborative, and willing to jump in wherever needed, at all levels. The role requires someone who seeks to gain a thorough understanding of the current payroll process and underlying rationale for our established practices – someone who likes to learn and grow.

Core responsibilities include ensuring accurate multi state payroll tax withholdings, performing pre and post payroll audits, maintaining compliant tax configurations, and resolving escalated payroll and tax issues. The role also supports payroll reporting and analytics, year-end W 2/W 2C processing, system testing and troubleshooting, and cross functional collaboration with HR, Finance, Legal, and HR Tech. In addition, the position assists with internal and external audits through thorough documentation and reconciliations.

• Validate multi state and local tax withholdings and ensure accuracy of all payroll tax calculations, earnings, benefits, and supplemental payments.
• Conduct pre and post payroll audits, review payroll data prior to submission, and resolve payroll/tax errors to ensure accurate, compliant payroll processing.
• Monitor federal, state, and local legislative changes and update payroll/tax system requirements accordingly.
• Maintain accurate employee tax records (SUI rates, locality taxes, unemployment states) and ensure correct system configuration for pay codes, earnings, and deductions.
• Address escalated employee payroll and tax questions related to withholding, residency, reciprocity, and tax forms; investigate complex tax issues and propose resolutions.
• Deliver payroll analytics, compliance reporting, and KPIs; prepare recurring and ad hoc reports as needed.
• Collaborate with HR, Finance, Legal, and HR Tech to validate nexus, ensure data accuracy, support integrations, and implement tax jurisdiction or rate changes.
• Test payroll system updates, patches, and new features; troubleshoot system related tax issues, including calculation or mapping problems.
• Assist with year-end W 2 and W 2C processing, including balancing, error resolution, and required adjustments.
• Support internal and external audits with required documentation, reconciliations, and tax explanations.
• Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested.
• As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.

What You’ll Need to Bring  

• A minimum of 3+ years payroll tax experience
• Must have prior experience with multi-state taxes (Preferred States include: PA, WA, CA)
• Strong attention to detail with a high degree of accuracy in work
• Strong analytical and problem-solving skills
• Knowledge of federal, state, and local tax laws and reporting requirements
• Ability to prioritize tasks and to work with general supervision in a fast-paced environment
• Excellent computer skills, including payroll software and Microsoft Office
• Advanced proficiency in Microsoft Excel (pivot tables, v-lookups, data analysis)
• Team player with excellent interpersonal skills

Nice-to-Haves 

• Workday experience (HCM and Payroll)
• SOX compliance experience
• BS in Accounting/Finance or related field
• Professional designation (CPP)

Why You’ll Enjoy Working at Envestnet  

Help shape the future of WealthTech. At Envestnet you’ll gain hands-on experience and collaborate with some of the industry’s brightest minds to deliver meaningful, innovative solutions that make a real difference. 

We value flexibility in how and where work gets done, and we recognize strong performance with meaningful rewards—because your contributions should drive both business success and your own personal growth. If you’re looking for a place where your work has impact, your development is supported, and your contributions are truly valued, Envestnet is where you can build your future.  

The opportunity is now!  

Sponsorship  

This position is not open to candidates requiring visa sponsorship  

Our Investment in You 

This role offers a base salary range of $78,000 to $98,000 annually. The range listed represents a good-faith estimate of base salary compensation for this position and does not include incentive compensation, equity or benefits. Individual pay will be determined based on factors including, but not limited to, relevant experience, skills, education, certifications, and geographic location, in accordance with applicable pay transparency laws.  This role is eligible for an additional incentive component as part of the total rewards package.   

We provide a comprehensive suite of benefits - subject to Envestnet’s plan eligibility rules - that support your overall well-being including, medical insurance, paid time off (PTO), 401k company match, paid parental leave, education reimbursement, disability coverage and mental health & wellness support. Our investment in you means supporting you professionally, financially, and personally at every stage of your journey with us.  Please visit our benefits page on our career site to learn more.  

Our Commitment to Inclusion & Belonging  

Envestnet is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees and applicants. We welcome and value individuals of all backgrounds and do not discriminate based on race, color, religion, creed, sex (including pregnancy or related medical conditions), gender identity or expression, sexual orientation, national origin, ancestry, age, disability, genetic information, military or veteran status, citizenship status, or any other status protected by applicable law. We encourage individuals from all backgrounds to apply.  

We strive to provide an inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation, please contact us at  careers@envestnet.com. Please include your full name, the title of the role you are applying for, and the accommodation necessary to assist you with the recruiting process.       

Recruitment Fraud 

At Envestnet, safeguarding the trust and safety of job seekers is a top priority. We are aware that scammers may impersonate Envestnet recruiters or create fake job opportunities to deceive candidates. Review the information on our recruitment fraud awareness page to help you recognize and avoid recruitment fraud. 

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