PAYROLL MANAGER
- Maintains up-to-date payroll information by directing and reviewing the collection, calculation and entering of data
- Reviews supporting documentation for appropriate approval and oversees changes in exemptions, insurance coverage, savings deductions, job titles and department transfers.
- Pays employees by directing the issuance of paychecks or electronic transfers to bank accounts
- Compiles and reviews summary reports of earnings, taxes and deductions as well as payments related to leave, disability and nontaxable wages
- Determines payroll liabilities by approving the calculation of employee federal and state income and social security taxes as well as employer's social security, unemployment and workers' compensation payments.
- Works with the Accounting department as needed to reconcile payroll accounts and resolve discrepancies
- Responds to employee inquiries in a timely and professional manner, offering guidance where possible (excluding tax advice)
- Documents and maintains payroll policies and procedures, updating at least annually
- Complies with federal, state, and international tax requirements by keeping abreast of existing and new legislation, enforcing adherence to requirements and advising management on required actions
- Maintains security and extreme confidentiality of payroll information
- Manages department workflow and individual assignments, follows up on work results providing timely and constructive feedback, and ensures appropriate training and service levels are maintained
- Performs other duties as assigned
Skills & Competencies:
- Familiar with laws related to compensation and wage structure, benefits administration, workers' compensation and employment
- Possesses tax expertise and financial/reporting skills
- Ability to work in fast-paced environment and meet strict deadlines
- Maintains a professional demeanor with an emphasis on people-management skills
- Proven ability to effectively lead, coordinate and implement efficient processes
- Able to operate independently as well as within a team environment and perform duties which require good judgment, collaboration and initiative
- The ability to problem solve, maintain composure and work well within a high-pressure environment
- Exemplary interpersonal skills, including the ability to communicate effectively and courteously across all levels within and outside the Firm
Qualifications & Required Experience:
- Bachelor's degree preferred, or equivalent work experience
- A minimum of (5) years of experience processing payroll required
- Position also requires the ability to work under pressure to meet strict deadlines