Senior Payroll & Compliance Lead

Precision Castparts; Cleveland (OH); On-site; USD 85,000 - 110,000; Full time

Job summary

Precision Castparts in Cleveland, OH is seeking a Senior Payroll Manager to oversee the payroll function, including biweekly and special incentive payrolls, ensuring accurate distribution for TIMET US. You will lead policy development, ensure federal and state regulatory compliance, coordinate with Tax and SAP/ADP systems, reconcile W-2s and payroll accounts, and respond to employee inquiries.

This role drives SOX compliance, audit readiness, and staff development, with responsibility for

Qualifications

• SAP Payroll experience preferred
• Knowledge of current government and tax regulations.
• Ability to interpret union contracts to determine payroll requirements to ensure accurate payments.as defined in contract language.

Responsibilities

• Manage and ensure the efficient operation of the payroll function and department, including the generation, distribution, and reporting of the biweekly and special incentive payrolls.
• Responsible for ensuring the accurate and efficient distribution of the payroll for TIMET US.
• Evaluate, develop, and implement policies and procedures designed to improve business processes within the department and organization.
• Manage and administer all payroll tax transmission to ADP Tax Services within the prescribed deadlines, respond to tax inquiries, coordinate with the Corporate Tax Department to ensure compliance with all federal and state regulatory reporting requirements.
• Oversee the preparation and reconciliation of W-2 documents.
• Reconcile the Payroll Bank account and various payroll related GL accounts, identify and research variances and supply backup for all account balances
• Resolve employee concerns regarding wage payments, taxation, deductions and unique requests
• Develop / coordinate the preparation, review, and proper analysis of required reports such as monthly hours and wages, annual profit sharing / DC / 401(k) by the transaction processing completion dates.
• Assist with representing TIMET NA in annual Payroll related audits by TIMET and third parties.
• Manage the administration and transactional processing involved with relocation and other company fringe benefits
• Manage the use of reports and tools to foster data integrity and customer satisfaction
• Ensure timely communication of changes to payroll policies, procedures, and regulations.
• Develop, implement, and conduct end user training courses for Payroll staff to include creation and maintenance of organization specific user guides.
• Maintain employee payroll records and information to ensure legal and regulatory compliance and to provide beneficial and timely management reporting.
• Provide expertise and support to the locations through management and operation of the Payroll Department.
• Responsible for coordination of system testing as applicable for enhancement/system upgrades or configuration changes: these system changes are within TIMET SAP system as well the interface systems for third parties.
• Coordination of audit deadlines, schedules and processes to include SOX compliance.
• Provide for the personal and professional development of the payroll team.
• Monitor interaction between the payroll team and their internal and external customers.

Skills

SAP Payroll

Tax regulations

Union contracts interpretation

Numerical skills

Written & verbal communication

Excel

ADP experience

Education

BS Degree in Business

Tools

MS Word

Job description

Precision Castparts in Cleveland, OH is seeking a Senior Payroll Manager to oversee the payroll function, including biweekly and special incentive payrolls, ensuring accurate distribution for TIMET US. You will lead policy development, ensure federal and state regulatory compliance, coordinate with Tax and SAP/ADP systems, reconcile W-2s and payroll accounts, and respond to employee inquiries.

This role drives SOX compliance, audit readiness, and staff development, with responsibility for