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Senior Manager Payroll
2 months ago
The Senior Manager, Payroll leads payroll operations for the United States and Puerto Rico. Develops procedures and supervises the preparation, documentation and disbursement of colleague payroll payments and payroll taxes. Prepares and consolidates reports for stakeholders, analyzes and addresses audit findings, reconciles and resolves complex payroll processing and colleague payroll issues. Ensures payroll reporting and payments are compliant with company policy, generally accepted accounting principles, and applicable government regulations. Works with vendors and Payroll Vendor Governance team to ensure SLA's and quality metrics are met.
This specific role is US based (in Tampa) and would be responsible to oversee a complex high volume payroll operation consisting of individual processing and audits for multiple pay groups for weekly and semi-monthly colleague population of 35,000 colleagues in the US and Puerto Rico. Payroll processing also involves complex transactions for Ex Pats, In Pats, LTI and other incentive pay and stock related transactions.
ROLE RESPONSIBILITIES
- Lead a team of approximately 9 Pfizer colleagues and an additional 10 resources located in other sites or as staff augmentation from third-party providers.
- Provide strategic direction and creates business events calendar, yearly payroll calendar and other planning tools.
- Develop an operational model of back-ups for daily activities and longer-term business continuity plan; regularly ensuring retraining for back-ups.
- Ensure payroll controls are executed on time and as per standards.
- Approve all payment vouchers including union payments, tax payments and garnishment payments.
- Manage payroll accuracy by reducing errors and performing root cause analysis.
- Partner with Finance on bank reconciliations, suspect check reports, escheatment and tax payments initiated within the payroll processing.
- Manage Year-end payroll transactions and process year-end W-2 forms
- Manage special payroll processing for annual merit increases, bonuses, off cycle payments and other business events.
- Act as an escalation point of contact for payroll processing, when needed with ability to resolve escalated issues and problems quickly and independently with both internal and external stakeholders, and third-party vendors.
- Ensure the regional payroll processing workstream follows company policies, regional regulatory requirements, and the global payroll strategy.
- Review and certify payroll and Soc 1 signoffs as required.
- Work with the payroll vendors to ensure pay disbursements, tax deposits, and tax filings are completed accurately and timely.
- Ensure all regulatory requirements and updates for the cluster are performed and completed as required.
- Collaborate with all levels of HR, Benefits, Finance, IT to identify opportunities for and implement continuous improvement and transformational projects and implement system and process improvements.
- Collaborate with Senior Leadership Team to ensure best practices are in place and shared with other regions.
- Gather payroll processing feedback and provide information and insight to Payroll Vendor Management.
- Assess technology requirements and changes and ensure that systematic updates are completed by the vendor in a timely and complete manner.
- Ensure work instructions are created, organized, up-to-date and reviewed regularly.
- Ensure new hire onboarding plan is in place and followed up closely to ensure proper training is provided. Prepare to be responsible for regular execution or back-up of an assigned payroll depending on the requirements of the cluster. This includes collection and validation of inputs and error resolution, communication of payroll kick off and approval processing milestones, validation and balancing payroll, and processing changes to correct errors or provide updates.
- Perform end to end people management activities: Colleague recruitment, onboarding, training and development, performance management and team quality, according to Pfizer's Purpose and Values.
- Promote Pfizer purpose, values and goals with proactive team management, and ensure strong team engagement, as measured by Pulse surveys and PLI evaluations and goal achievement.
- Attention to detail and accuracy
- Problem analysis and problem-solving skills
- Data analysis and complex calculations
- Ability to maintain privacy and confidentiality
- Fluent English (written, oral, and speaking)
- Bachelor's degree in finance, Accounting, Human Resources or related field
- Minimum 7+ years' experience in US payroll
- In-depth knowledge and experience of payroll calculation and processing for the US
- Experience with Workday, ADP, or other common HCM, payroll and time/attendance systems
- Experience managing a team in a clustered payroll or global business service center
- Master's degree in business or related field
- 10 years' experience in US payroll
- Certified Payroll Professional, or similar professional designation
- Experience processing payroll for Puerto Rico
- Must be able to work in Pfizer Tampa office 2-3 days per week, or as needed by the business
- This is NOT a remote role
Candidate demonstrates a breadth of diverse leadership experiences and capabilities including: the ability to influence and collaborate with peers, develop and coach others, oversee and guide the work of other colleagues to achieve meaningful outcomes and create business impact.
The annual base salary for this position ranges from $118,100.00 to $196,800.00. In addition, this position is eligible for participation in Pfizer's Global Performance Plan with a bonus target of 17.5% of the base salary and eligibility to participate in our share based long term incentive program. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life's moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site - U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided applies to the Tampa, FL location only. The salary range provided does not apply to any other United States location or locations outside of the United States.
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider's name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
People Experience