The payroll & benefits manager is responsible for continually developing the organizations payroll requirements, managing the accurate and timely payment of compensation and benefits to employees and employee and employer portion of source deductions and benefits to third parties, administration of benefits, the accurate and timely preparation of regulatory and other payroll and benefits reporting internally and to third parties, and managing the implementation of new payroll systems and procedures, all in a multi-company environment.
The critical outcomes of the role are:
1. Maintain Organizational Payroll Requirements by:
- Keep abreast of legal and regulatory requirements that have an impact on the organization’s payroll management, compensation, and benefits, and adopt requirements and communicate changes to management and stakeholders as needed
- Maintain awareness of the impact of the organization’s strategies, policies and procedures for payroll and benefits
- Review current payroll management practices in the marketplace and adopt best practices
- Consult with management to obtain approval of payroll management policies and procedures and any control measures required
2. Accurate and timely payment of compensation and benefits to employees and source deductions and benefits to third parties by:
- Work with other departments and stakeholders to obtain necessary payroll and benefit information including hours, vacation, sick leave, garnishments, etc. Review the accuracy and completeness of the information provided, and investigate anomalies.
- Process payroll including changes in payroll data. Review the accuracy and completeness of the information provided, and investigate anomalies.
- Administer the benefits plans across US & Canada.
- Prepare accurate, complete and timely filings and reporting to regulatory and other third parties
- Assist auditors with their review and testing of payroll and benefits
3. Accurate, timely reports to Finance and P&C to assist in making decisions on the profitable growth of the business by:
- Provide management with various information reports including labor, benefits and head count reports as and when needed
- Prepare payroll and benefit journal entries and reconcile payroll and benefit related GL accounts each period and at year end
- Providing information to internal team members on request
4. People Management and Development:
- Supervises US and Canada payroll team
- Mentor and Develop Payroll Coordinators and Specialists
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