Director of Global Compensation
6 days ago
At Forbes, we believe in the power of entrepreneurial capitalism and its impact on business, culture, and society. Our mission is to drive systemic change through our platform, celebrating success while promoting diversity, equity, and inclusion.
About the RoleWe are seeking an experienced Director of Global Compensation to lead payroll operations across the US, UK, and Asia. This critical role will oversee daily workflow, ensuring compliance with company policies, federal/state, and international laws for union and non-union employee populations.
Key Responsibilities- Oversee daily payroll department operations, including processing, compliance, and management.
- Assess current operations and identify areas for automation or process efficiency improvements.
- Maintain and review payroll processing systems to ensure accurate and timely transactions.
- Perform audits of source data within ADP payroll systems for quality assurance.
- Stay abreast of federal, state, and local payroll and tax laws, ensuring compliance in all locations.
- Establish processes for the Payroll department that comply with union collective bargaining agreements.
- Revamp internal control environments and process documentation using FloQast software.
- Oversee payroll audits and support financial statements and employee benefit plan audit requests with third parties.
- Assist with year-end payroll activities, including W-2 processing and tax reporting.
- Serve as the senior point of contact for payroll-related inquiries from the workforce and third parties.
- Develop and coach the payroll team, creating a positive and collaborative work environment.
- Cultivate relationships with stakeholders in Human Resources, Finance, Legal, and Management.
- Bachelor's degree in Finance, Business Administration, or related field.
- Minimum 15 years of relevant experience, with at least 5 years managing payroll staff supporting a workforce population of 500+ employees.
- Advanced Excel skills, including V-lookups and Pivot tables.
- Experience leading payroll operations for remote US workforces and managing payroll partner companies in the UK and Asia.
- Expertise in payroll processes and procedures for union populations and ensuring company obligations under collective bargaining agreements.
- Proficiency in ADP and managing payroll professionals who enter data into HRIS systems.
- Prior experience in RFP/selection processes for payroll systems is a plus.
- Excellent communication, interpersonal, and customer service skills.
- Strong analytical and time management skills, with attention to detail and ability to see the big picture.
- Continuous learning and staying informed on payroll-related laws, regulations, and best practices.
Forbes offers a competitive annual base salary range of $140,000 - $160,000, reflecting the required expertise and experience.
This role also comes with a hybrid work schedule, allowing flexibility and work-life balance. As an equal opportunity employer, Forbes aims to attract diverse talent and foster a collaborative work environment.
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