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Compensation Operations Manager

2 months ago

Richmond, Virginia, United States Vaco Full time

Compensation Operations Manager

Overview: The Compensation Operations Manager is tasked with overseeing and directing all aspects of payroll operations to guarantee timely, precise, and compliant processing of employee remuneration.

Key Responsibilities:

Payroll System Oversight:

  • Establish and uphold payroll systems to ensure accurate processing of salaries, benefits, deductions, taxes, and garnishments.
  • Conduct periodic evaluations of systems to improve efficiency and precision.

Payroll Administration:

  • Supervise payroll modifications for new employees, separations, and salary adjustments.
  • Ensure the accurate processing of payroll across multiple states.
  • Maintain detailed records and reports of payroll activities.

Regulatory Compliance and Auditing:

  • Ensure adherence to federal, state, and local payroll regulations.
  • Manage 401(k) contributions and matching in line with plan stipulations.
  • Facilitate audits by supplying necessary documentation.

System Improvements:

  • Identify and propose enhancements to payroll systems and processes.
  • Stay informed on best practices in payroll management.

Support and Conflict Resolution:

  • Provide project and administrative assistance to the Human Resources department.
  • Address and resolve employee relations matters.
  • Oversee the HR support helpdesk and delegate tickets to HR team members.

Required Skills/Abilities:

  • In-depth knowledge of payroll operations, including preparation, balancing, internal controls, and multi-state payroll taxation.
  • Familiarity with the Fair Labor Standards Act and Department of Labor Wage and Hour regulations.
  • Strong organizational capabilities with a keen attention to detail.
  • Excellent analytical and problem-solving skills.
  • Proficient supervisory and leadership abilities.
  • Proficiency in Microsoft Office Suite and payroll software, particularly Dayforce.

Education and Experience:

  • Bachelor's degree in Accounting, Business Administration, Human Resources, or a related field is preferred. Relevant experience may substitute for formal education.
  • A minimum of five years of relevant experience.
  • Professional certifications such as PHR or SHRM-CP are advantageous.

Key Attributes:

  • Planning and Prioritization: Ability to effectively plan and organize work, adjust priorities, and utilize resources efficiently while maintaining high standards for quality and responsiveness.
  • Detail Orientation: Exceptional attention to detail, ensuring compliance with policies and consistent delivery of error-free results.
  • Analytical Thinking: Strong capability to identify issues, extract key information, and develop effective solutions, testing and resolving problems efficiently.
  • Confidentiality: Maintains discretion in handling sensitive information, protecting confidential employee and company data.

Vaco values a diverse workplace and strongly encourages individuals from various backgrounds to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment based on race, color, sex, religion, national origin, age, disability, veteran status, or any other protected characteristics as required by law.

Vaco LLC and its affiliates are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact us.

Vaco also wants all applicants to know their rights regarding workplace discrimination.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present you as a candidate for this employment opportunity. You further agree that you have accurately represented information about yourself and have not misrepresented your qualifications. You also agree to maintain confidentiality regarding any information you learn from Vaco about the position.

Privacy Notice

Vaco LLC and its affiliates respect your privacy and are committed to providing transparent notice of our policies.

Pay Transparency Notice

Determining compensation for this role at Vaco depends on various factors including:

  • individual skill sets, experience, and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

As required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.