[Company Name] is looking to hire an experienced, diligent, and reliable Payroll Director to oversee our payroll function.
You will run the weekly and monthly payroll function and will be responsible for ensuring our staff is paid on time and correctly. You will also work closely with HR and finance departments to ensure compliance with legislation and will have input into our strategic planning processes.
You will lead a team of payroll specialists and will help them grow and develop.
Payroll Director Responsibilities
Overseeing all payroll runs
Preparing reports for management
Ensuring compliance with legislation and company policy
Liaising with external auditors
Ensuring all payroll data is kept current
Leading the payroll team
Payroll Director Requirements
Bachelor’s degree in HR, Accounting, or Finance
At least five years’ experience in a payroll position
Expert knowledge of common payroll systems (SAP, Oracle, etc.)
Expert knowledge of common HRIS
Total attention to detail
Team leadership experience
Collaborative mindset
A Payroll Director runs the payroll function in an organization and ensures salaries, benefits, and deductions are calculated correctly and paid on time.
A Payroll Director is responsible for the implementation and maintenance of the entire payroll infrastructure. The role requires attention to detail, detailed knowledge of relevant legislation, and a thorough grasp of the organization’s compensation policies and procedures.
A Payroll Director must also lead the payroll team, ensuring team members can improve, grow, and progress continuously.
A Payroll Director delegates payroll tasks and oversees the performance of other payroll-related roles in the company, ensuring that each payroll run is 100% accurate and completed on time. The role is primarily focused on implementation but may include some system development and maintenance work. The Payroll Director’s responsibilities will typically include:
Overseeing weekly and monthly payroll runs
Ensuring compliance with all relevant legislation and organizational policies
Managing payroll data changes
Liaising with auditors
Working with the HR and finance teams to ensure payroll is aligned with organizational strategy
Resolving payroll issues and fixing errors
Leading the payroll team
Overseeing Weekly and Monthly Payroll Runs
The Payroll Director is responsible for the correctness and completeness of each payroll run, so they must check the payroll team’s work before it is handed on to finance for processing. Attention to detail is crucial, although most reconciliation is automated.
Ensuring Compliance With All Relevant Legislation and Organizational Policies
The Payroll Director must ensure that the payroll system reflects all applicable tax regulations, labor laws, and company-specific policies. Any changes must be understood and implemented quickly to maintain compliance, and the Payroll Director should liaise regularly with accountants and tax advisors to remain in the loop.
Managing Payroll Data Changes
The Payroll Director should make sure that all new hires, promotions, and exits in the organization are reflected in the system. This will also involve close collaboration between departmental managers, supervisors, and the payroll team.
The Payroll Director should also be aware of any departmental plans for special bonuses, performance incentives, or overtime, and ensure these are logged in the system.
Liaising With Auditors
The Payroll Director will collaborate closely with auditors, providing them with the information they require. The Payroll Director’s task is often crucial to ensuring that audits run smoothly, so the Payroll Director must be prepared and must approach the audit with the right attitude. Teamwork and collaboration can often make the difference between successful and troublesome audits.
Working With The HR and Finance Teams to Ensure Payroll is Aligned to Organizational Strategy
The Payroll Director must fully understand the financial and HR strategies of the organization and must ensure that the payroll function is aligned with company goals. These may include compensation re-alignments, changes in headcount, shifts to more performance-based remuneration, or even major structural changes such as new acquisitions.
Resolving Payroll Issues and Fixing Errors
The Payroll Director must constantly strive towards 100% accuracy in all payroll matters. Any errors must be fixed quickly and completely. The Payroll Director should also run root-cause analysis to understand and rectify any recurring issues, liaising with finance, HR, and departmental heads to follow up and ensure success going forward.
Leading the Payroll Team
The Payroll Director is responsible for the growth, development, and advancement of the payroll team members. They provide regular feedback on performance and, if necessary, organize workshops and gather and distribute material—such as online courses—that help the payroll team hone their skills.
Roles a Payroll Director Typically Collaborates With
A Payroll Director will work closely with the following positions:
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