Our Client is seeking a Payroll Accountant Manager to support its payroll accounting operations in a large enterprise environment. This role is responsible for planning, organizing, and leading the payroll accounting department. Responsible for accurate general ledger entries related to payroll, stock transactions, performing balance sheet reconciliations, and ensuring proper accrual accounting for employee compensation, benefits, and stock activity. This role will review North American payroll procedures, manage system changes, manage support tickets to ensure accurate payroll processing.
Key Responsibilities
- Under broad direction, responsible for planning, organizing, and leading accounting department staff in the activities supporting general ledger, sub-systems, and related business applications, which may also include the preparation of financial statements and ancillary reports in a corporate or cost accounting environment
- Responsible for preparation, review, and accuracy of business activities within the department, including executing financial close activities, reviewing and updating business practices, performing internal control self-assessments, preparing forecasts and annual business plans, and performing ongoing process/system improvements
- Responsible for managing the recruitment, training, and development of accounting personnel within the assigned area
- Serves as a trusted business advisor to management on payroll analysis, error resolution and escalation, key financial issues, financial performance, and strategy execution, including commercial business insight
- Responsible for interpreting and applying company policy and accounting principles to financial transactions for internal control compliance
- Responsible for interpreting and applying company policy to ensure payroll processing in North America is compliant with regulations and abide with internal control compliance
- Manage payroll related accounting, accruals, balance sheet reconciliations, and GL entries
- Manage PTO/vacation reserve tracking and year-end vacation payouts, and communications
- Reconciliation of W-2's, 1099's, T-4's, payroll accounts, including wages payable, taxes, and benefits, including adjusting entries.
- Maintain accurate payroll records for audits and regulatory purposes
- Manage internal and external audits related to payroll
- Ensure adherence to internal controls and company policies
- Identify and implement improvements to payroll processes
- Support payroll system upgrades or implementations
- Perform Root Cause Analysis, communicate issues and resolution, work to remediate and implement process/system changes to prevent reoccurrence.
- Manage payroll related projects to implement system/policy changes with various teams.
Required Qualifications
- 8+ years of accounting experience with direct payroll accounting responsibilities in a large enterprise
- Strong command of GL accounting, accruals, reconciliation, and payroll-related accounting treatments
- Applies technical accounting skills acquired through completion of an accounting or business university degree and eight (8) years of progressive experience in finance or accounting related roles, including management experience.
- Demonstrates project management skills and awareness of financial performance metrics
- Demonstrates strong knowledge in aspects of finance and accounting, internal controls and risk mitigation, company policy, financial analysis and statutory reporting, forecasting, and financial applications
- SAP S/4HANA experience required; ADP familiarity a plus
- Bachelor's degree in Accounting or Finance;
- Experience with full cycle payroll processing, different types of stock transactions and federal, state, and local taxes.
Preferred Qualifications
- Professional accounting certification preferred.
- Experience with ADP GlobalView (or enterprise-level payroll system) and SmartCompliance in a large enterprise payroll environment
- Workforce Software time system experience
- CPA preferred or actively pursuing
- SAP ECC experience
- SuccessFactors/Employee Central experience
- Knowledge of fundamental time and payroll regulations