- Manage and oversee payroll department operations and personnel.
- Develop and implement payroll policies and procedures.
- Ensure accurate and timely processing of payroll for all employees.
- Review and approve payroll transactions, including payroll taxes and deductions.
- Coordinate with HR to ensure compliance with employment laws and regulations.
- Provide guidance and support to staff on payroll-related matters.
- Prepare and analyze payroll reports and metrics to ensure accuracy and identify trends.
- Collaborate with finance team on budgeting and forecasting related to payroll.
- Stay up-to-date with industry trends and best practices related to payroll and benefits.
- Perform other related duties as assigned.
- Bachelor's degree in accounting, finance, or related field.
- Minimum of 7 years of experience in payroll, with at least 3 years in a supervisory role.
- Thorough understanding of payroll processes, taxes, and regulations.
- Experience with payroll software and systems, including ADP and Workday.
- Strong analytical and problem-solving skills.
- Able to communicate effectively and build relationships with internal and external stakeholders.
- Excellent attention to detail and organizational skills.
- Ability to work independently and as part of a team in a fast-paced environment.
If you are looking for a challenging and rewarding career opportunity, we encourage you to apply for the Payroll Director position today!
If your company is in need of a Payroll Director, it's important to create a job posting that accurately reflects the skills and experience necessary for the role. A well-written and clear job posting can attract top talent to your organization and ensure that you hire the most qualified candidate.
Job Title and Overview
The job title should clearly state the position you are hiring for, in this case, Payroll Director. The overview should provide a brief summary of the role and responsibilities, and what the ideal candidate should possess. A few points to include in the overview are:
- Years of experience required
- Minimum educational qualification
- Skills and specialties required
- The kind of team they will lead
- Description of the company culture
The responsibilities section outlines the key job duties and accountabilities of the role. This section should include:
- The type of payroll system(s) they should be familiar with.
- Management and oversight of the full spectrum of payroll operations, including processing, filing and electronic recordkeeping.
- Ensuring that all payrolls are processed accurately and on a timely basis
- Maintaining and updating payroll masters, employee deductions, benefits and other data
- Processing payroll taxes and other statutory deductions like HRA, LTA, etc.
- Dealing with other payroll related issues including addressing disputes and discrepancies
- Processing annual statutory figures related to payroll, benefits and taxes
In the requirements section, outline the necessary qualifications that interested candidates should possess in order to qualify for the position. This may include:
- Bachelor's or advanced degree in accounting or other subjects related to the field
- Minimum 5 years of experience in payroll processing and management
- Expert knowledge of payroll-related laws and regulations
- Strong analytical skills and attention to detail
- Familiarity with employee benefits administration
- Ability to communicate effectively in both written and verbal forms
Salary and Benefits
Finally, it's important to include the salary range and any benefits that come with the position to help entice interested candidates to apply. Be transparent and open about everything, from the perks to how often the employee gets the salary paycheck. It's better to be upfront and clear about everything than to let your candidates discover everything later.
Creating a job posting for the Payroll Director position should be thorough and informative so that applicants know exactly what is expected of them. Follow these guidelines to create a compelling job posting that will help you attract the most qualified candidate for the job.
What is a Payroll Director?
A Payroll Director is responsible for managing the payroll of a company. They oversee payroll functions, ensure compliance with regulations, and manage a team of payroll administrators. They also work closely with Human Resources and Accounting departments to ensure accurate financial reporting of payroll expenses.
What qualifications are required for a Payroll Director?
What are the main responsibilities of a Payroll Director?
What are the key skills required for a Payroll Director?
What is the typical salary range for a Payroll Director?
Salaries for Payroll Director positions vary based on experience, location, and industry. According to Glassdoor, the average salary for a Payroll Director in the United States is $102,000 per year. However, salaries can range from $71,000 to $142,000 per year.