Payroll Director job description

Job brief

We are in search of a Payroll Director to join our team. Main duties include approving payroll transactions, reporting on compensation and forecasts, and ensuring compliance with the law.

Responsibilities

• Implement and maintain payroll systems.
• Oversees payroll operations and procedures, as well as taxes and financial demands for payroll payments.
• Create short- and long-term strategies for continuous payroll improvement.
• Manages a departmental sub-function within the context of a larger departmental function.
• Develops budgets/policies/procedures, as well as functional strategies and specific objectives for the sub-function.
• Ensures that payroll modifications, such as new hires, terminations, and pay rate changes, are processed accurately and on schedule.
• Prepares and maintains correct payroll transaction records and reports.
• Performs other duties as assigned.
• Review transactions to ensure all transactions are accurate.
• Validate permanent or one-time changes in payroll.
• Handle payroll discrepancies effectively and rapidly.
• Ensure compliance with tax and payroll laws.
• Coordinate with the HR and finance departments to prepare payroll reports and forecasts.
• Train staff for whom payroll is a responsibility on tax laws and regulations as well as best practices.
• Share material that allows new hires to understand the company’s compensation and benefits policies.
• Respond to payroll-related inquiries from employees.
• Stay informed of labor, tax, and insurance legislation.
• Collaborate with external auditors.

Requirements

• Bachelor or Master’s degree in Accounting or related field
• 5+ years of managerial experience
• 4+ years in payroll
• Experience with payroll software
• Familiar with HRIS
• Deep knowledge of tax legislation
• Strong write, reading, and communication abilities
• Organized and good eye for detail