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Manager, Payroll Systems

2 months ago

Basking Ridge, New Jersey, United States Daiichi Sankyo Full time

Join a Legacy of Innovation 110 Years and Counting

Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 120 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 16,000 employees around the world draw upon a rich legacy of innovation and a robust pipeline of promising new medicines to help people. In addition to a strong portfolio of medicines for cardiovascular diseases, under the Group's 2025 Vision to become a "Global Pharma Innovator with Competitive Advantage in Oncology," Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders.


Summary

This position is accountable for comprehensive Payroll Management with a focus on Systems and Process Enhancements/Innovation and relies on deep expertise in payroll management, leadership skills, meticulous attention to detail and ability to innovate and streamline payroll systems and processes. This role combines the rigors of payroll management with the creativity and foresight needed for continuous improvement and efficiency in payroll operations. This role is integral to the efficient operation of the organization's payroll function, ensuring both accuracy and compliance in all aspects. This role is expected to play a key role, acting as single point of contact, for payroll integration activities.

Responsibilities

Comprehensive Payroll Management and Innovation

Lead major components of the US Biweekly and Canadian Monthly Payroll, focusing on the identification and implementation of innovative practices to boost the efficiency and accuracy of end-to-end processes. This involves reevaluating existing procedures, integrating new technologies, and optimizing workflows to enhance the overall payroll system.Maintain the highest standards in payroll record management by introducing advanced systems and practices that improve both security and efficiency in record-keeping. Assume leadership of the department when the Payroll Head is unavailable, effectively managing the complete payroll operations for both bi-weekly and annual cycles.
Advanced Problem-Solving and Process OptimizationTackle complex payroll issues with an innovative mindset. This involves not only solving immediate problems but also critically assessing and redesigning processes to prevent future challenges. The role requires a blend of analytical thinking and innovative problem-solving skills.Strategic Duty Management with Improvement Focus: Actively manage and revamp monthly and quarterly payroll responsibilities. This task involves rethinking traditional practices, implementing new strategies, and ensuring that these improvements align with the company's standards of excellence.Innovative Payroll Processing Techniques: Ensure payroll processing is not only accurate and timely but also continuously seeking ways to utilize technological advancements for more efficient processing methods. Lead the team in developing and implementing sophisticated reporting tools and processes, ensuring that these advancements result in more effective and efficient audit responses.Tax Reporting and Compliance Innovation: Oversee and innovate in the area of tax reporting and compliance, introducing new methods and technologies to enhance accuracy and efficiency.End-of-Year Reporting and W2 Process Enhancement: Coordinate with various departments to not only ensure accurate year-end reporting and W2 preparation but also to introduce improvements and innovations in these processes.Vendor Partnership for Technological Advancements: Manage relationships with HR third-party vendors, focusing on leveraging these partnerships to bring in new technological solutions and process improvements in payroll management.
Proactive Auditing and Collaborative System UpgradesConduct in-depth audits of payroll data, collaborating with HR and IT to not only address discrepancies but also to identify areas for system improvements and enhancements.Retirement Plan Oversight and Compliance: Manage and audit retirement plan contributions, ensuring compliance with relevant regulations. This includes liaising with HR Benefits Team and vendors, correcting data discrepancies, and streamlining processes for efficiency.Comprehensive Training on Advanced Payroll SystemsCreate and provide in-depth training to Payroll teammates, stakeholders and new hires as appropriate and collaborate with Talent Acquisition to ensure a modern and efficient onboarding experience.Qualifications: Successful candidates will be able to meet the qualifications below with or without a reasonable accommodation.
Education Qualifications (from an accredited college or university)

- Bachelor's Degree required or 10+ years of relevant Payroll experience in lieu of degree requiredExperience Qualifications

- 4 or More Years 5+ years of Payroll experience required
- People Leadership skills preferred
- Demonstrated ability to recommend and lead process improvement and innovation initiatives preferredLicenses and Certifications

- Certified Payroll Professional (CPP)-APA preferred
Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.