The Payroll Lead will oversee and manage the payroll operations of the organization, ensuring accurate and timely payment of employee salaries and wages. This role includes supervising payroll staff, maintaining payroll records, and ensuring compliance with relevant laws and regulations.
Key Responsibilities:
- Supervise Payroll Staff: Oversee payroll coordinators, clerks, and other payroll staff. Assign tasks, provide guidance, and conduct performance evaluations.
- Payroll Processing: Ensure accurate and timely processing of payroll, including wages, benefits, deductions, taxes, and other payroll-related transactions.
- Compliance: Maintain compliance with federal, state, and local payroll, wage, and hour laws and best practices. Ensure accurate tax reporting and compliance.
- Record Keeping: Maintain and update payroll records, including employee information, tax withholding, direct deposit details, and timekeeping records.
- Issue Resolution: Address and resolve any payroll-related issues or discrepancies promptly. Handle employee inquiries related to payroll.
- System Management: Oversee the payroll system, ensuring it is up-to-date and functioning properly. Implement updates and changes as necessary.
- Reporting: Prepare and present payroll reports for management, including summaries of payroll expenses, tax liabilities, and other relevant metrics.
- Training and Development: Provide training and support to payroll staff and other departments regarding payroll policies and procedures.
- Audit Preparation: Prepare for and assist with payroll audits. Ensure all documentation and processes are in order for internal and external audits.
- Continuous Improvement: Identify and implement process improvements to increase efficiency and accuracy in payroll processing.
Qualifications:
- Experience: Minimum of 5 years of payroll experience, with at least 2 years in a Lead role.
- Knowledge: In-depth knowledge of payroll practices, regulations, and laws. Familiarity with payroll software and systems.
- Skills: Strong analytical and problem-solving skills. Excellent attention to detail and organizational abilities. Effective communication and interpersonal skills.