Our Payroll Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Payroll Manager role
The Payroll Manager is responsible for ensuring the accurate and timely processing of employee payroll, managing employee records, and providing support to employees regarding payroll questions. This position is also responsible for compliance with all applicable laws and regulations related to payroll processing.
Role Purpose
The purpose of a Payroll Manager is to ensure that all employees are paid accurately and on time. This job role involves overseeing the entire payroll process, from setting up new hires, to calculating wages, to issuing payments. The Payroll Manager must ensure the accuracy of payroll records and be familiar with applicable tax and labor laws. Additionally, they must regularly review and update payroll processes, and be able to handle payroll disputes.
Payroll Manager Summary
The Payroll Manager is responsible for overseeing the payroll system and ensuring timely and accurate processing of payrolls for all employees. This position involves ensuring compliance with all federal and state regulations, as well as developing and maintaining internal payroll policies and procedures. The Payroll Manager will be responsible for managing payroll staff, reconciling payroll accounts, providing data to other departments and preparing all payroll reports. The successful candidate will possess excellent communication and interpersonal skills, be highly organized and have the ability to work independently and as part of a team.
Payroll Manager Duties
- Develop and implement payroll policies and procedures
- Prepare and process payroll for all employees
- Calculate and process time data, including hours worked, holidays, and vacation time
- Calculate and process tax deductions and other withholdings
- Calculate and process bonuses and other special payments
- Prepare and process payroll reports, including end-of-year summaries
- Ensure compliance with applicable laws and regulations
- Answer payroll questions and concerns from employees
- Maintain payroll records
- Provide support to other accounting and finance teams
Payroll Manager Skills
- Exceptional interpersonal and communication skills
- Knowledge of payroll systems and procedures
- Proficient in MS Office and Excel
- Ability to work independently and in a team environment
Payroll Manager Requirements
- Manage payroll staff
- Review payroll processing to ensure accuracy
- Balance payroll accounts and reconcile discrepancies
- Maintain payroll records
- Develop payroll policies and procedures
- Assist with budget preparation and forecasting
- Ensure compliance with applicable laws and regulations
Personal Traits
- Excellent organizational skills
- Strong attention to detail
- Proficient in data entry and record keeping
- Good communication and interpersonal skills
- Knowledge of payroll regulations and laws