Payroll Manager
2 weeks ago
This role is responsible for leading and managing all aspects of the payroll process within the organization. The Payroll Manager drives process execution to ensure effective and efficient service delivery through timely and accurate processing of employee compensation in accordance with company policies and controls, good accounting standards, and in compliance with government regulations.
Key Responsibilities- Oversees all payroll processes and support team as needed to ensure accurate and timely production of all payrolls, while ensuring procedures and processes performed are in compliance with internal policies, country, state and Federal laws and are aligned with Sarbanes-Oxley Act (SOX). Ensures payroll accuracy by completing thorough reviews of payroll audit reports and making corrections as needed.
- Leads, manages, coaches, and develops the Payroll team members ensuring team and individual goals are met by creating an environment of individual and shared accountability. Plans and prioritizes assigned tasks for staff.
- Solves complex payroll operational problems as they arise. Responds appropriately to all inquiries from all internal and external contacts on a timely basis.
- Interprets the Company's existing financial and control policies and procedures; ensures that proper operational procedures are followed including 401K and 403B funding, deferred compensation, and benefit funding; recommends revision of or modification to said policies and procedures as needed.
- Ensures the accurate and timely posting of accounting data, to include reconciliation of all related payroll and tax data to the general ledger and budget reporting systems. Ensures that payroll tax filings and payments are prepared in a timely and accurate manner.
- Manage the annual year-end tasks and W-2 reconciliation process, ensuring accuracy and timely delivery to employees.
- Facilitates audits by providing records and documentation to auditors.
- Identifies and supports process improvement initiatives. Acts as a liaison with operating team and staff to develop and implement improved internal controls.
- Develops relationships with other operating team Managers/VP's in all divisions; participates in development projects across functional areas as needed. Researches and acts as liaison for operating teams in confidential corporate financial matters.
- Consistently demonstrates high standards of integrity by supporting the Lifetime Healthcare Companies' mission and values, adhering to the Corporate Code of Conduct, and leading to the Lifetime Way values and beliefs.
- Maintains high regard for member privacy in accordance with the corporate privacy policies and procedures.
- Maintains knowledge of all relevant legislative and regulatory mandates and ensures that all activities are compliant with these requirements.
- Conducts periodic staff meetings to include timely distribution and education related to departmental and Ethics/Compliance information.
- Regular and reliable attendance is expected and required.
- Performs other functions as assigned by management.
- Ten or more years of experience in Payroll or a combination of Payroll, Finance, and/or HR-related departments, or Bachelor's degree in Accounting, Finance or related field with five or more years relevant experience.
- Certified Payroll Professional (CPP) designation a plus.
- Prior experience supervising or managing people and/or projects or indirectly leading teams. Strong leadership and managerial skills.
- Proficient with payroll software. Experience with Workday/HRMS system a plus.
- Familiarity with Sarbanes-Oxley Act (SOX).
- Experience with multistate and non-resident alien taxation a plus.
- Proven experience working in a fast-paced rapidly changing environment while handling multiple tasks simultaneously.
- Strong analytical and problem-solving ability.
- Proficient with MS Office Suite, particularly Excel; experience deriving formulas for reporting.
- Excellent organizational skills, attention to detail, and flexibility.
- Excellent oral and written communication skills.
- Ability to work prolonged periods sitting and/or standing at a workstation and working on a computer.
- Ability to travel across the Health Plan service region for meetings and/or trainings as needed.
The salary range for this position is $78,000 to $146,600.00 per year. Actual salary will vary depending on factors including, but not limited to, budget available, prior experience, knowledge, skill, and education as they relate to the position's minimum qualifications, in addition to internal equity.
Other components of the total rewards package may include participation in group health and/or dental insurance, retirement plan, wellness program, paid time away from work, and paid holidays.
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